EU Selects RagnaRasa for €29.5 Million Defence Industry Funding
The European Commission selected the joint Lithuanian-Estonian project to produce warheads and explosives for loitering munitions.
FlyMarshall Newsroom1 min read
The European Commission selected RagnaRasa for funding through the European Defence Industry Programme, according to AeroTime. The project brings together Lithuania’s RSI Europe and Estonia-based Odin Defence to produce warheads and explosives for loitering munitions.
Key details
- The Commission announced the selection on October 14, 2026, and the companies confirmed it on October 16, according to AeroTime. - AeroTime reported that the award ranked third among eight selected projects and sat below the €30 million per-project ceiling. - RSI Europe said the project would link explosives and component manufacturing in Estonia with final assembly, testing, and qualification in Lithuania. - Odin Defence plans a production facility at the Ermistu defense industrial park in Pärnu County, Estonia.
Odin Defence expects production at its planned Ermistu facility to begin in 2027.
Why it matters
The Commission expects the eight selected projects together to produce more than 200,000 loitering-munition warheads annually from 2027, AeroTime reported. The RagnaRasa plan connects production and qualification work across two Baltic countries.
What happens next
Odin Defence expects to begin production at the planned Ermistu facility in 2027. No further timeline was announced.
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