Kaunas-based company Luna Robotics, which develops tactical drone cameras for military and defense applications, has secured a €1.08 million investment to strengthen the international market position of its flagship product, a tactical FPV drone camera, as Vestbee was informed.
- Founded in 2024 by Elvinas Kukys and Ramūnas Čereškevičius, Luna Robotics develops the LunaCam, a tactical drone camera for unmanned aerial vehicles.
- The device delivers day-and-night visibility through high-power infrared emitters and onboard image enhancement, enabling real-time processing for low-light conditions and additional features like target detection and mission optimization.
- Manufactured in Lithuania with supply chains independent of China, the LunaCam is deployed in military operations, including in Ukraine, and is compatible with various unmanned platforms. It provides low-latency, high-quality video and scalable production capabilities.
“We are creating what we dreamed of during our service – tools that help perform missions on the front line more safely, accurately, and efficiently. This technology is not just a product; it is our contribution to the strength of soldiers, Lithuania’s security, and our allies’ advantage on the battlefield,” claims Elvinas Kukys, co-founder of Luna Robotics.
Details of the deal
- The fresh capital for Luna Robotics was backed by Coinvest Capital, which contributed nearly €720,000, Plug & Play EMEA Ventures GmbH, and international business angels, including members of LitBAN, LatBAN, and the 21NGLS syndicate.
“Luna Robotics embodies what is most needed right now – defense sector products created and manufactured in Lithuania, based on practical experience and the latest technologies. The company’s business-to-business sales model and the already strong customer interest suggest growth rates that are attractive to venture capital investors,” said Viktorija Trimbel, Managing Director at Coinvest Capital.
- Luna Robotics will use the fresh funding to expand its sales and partnership network in the EU and U.S., increase production capacity, and purchase automation and calibration equipment to scale up the manufacturing of its tactical FPV drone camera, LunaCam.
