Estonian Defence Company Frankenburg Technologies To Open London HQ

An Estonian tech start up manufacturing low-cost air defence missiles is expected to open a new UK headquarters, delivering on the Prime Minister’s Plan for Change.  

Defence company Frankenburg Technologies is planning to open a new office in London initially employing upwards of 50 people, in a boost for the UK defence sector.  

Specialising in the manufacture of low-cost air defence missiles, the rapidly growing company already collaborates closely with the UK defence industry, sourcing a significant portion of its subsystems locally.

The Prime Minister will meet the founder of the business, Taavi Madiberk, as part of a business breakfast in Tallinn tomorrow morning [17 December 2024].  

Delivering on his Plan for Change to boost jobs across the UK and put money back in the pockets of hardworking people, the Prime Minister will meet business leaders from major Estonian players and market disruptors, including Bolt, Nortal, Starship Technologies, Cachet, Skeleton Tech, Frankenburg Technologies, Salv, LHV Group, Pipedrive and Veriff.  

Frankenburg Technologies, which already has a footprint in Estonia, Latvia, Lithuania and Ukraine, will invest €50 million into the UK for research and development into low-cost rocket motors. 

It comes after the Business Secretary last week held a roundtable as part of this Government’s ‘pro-growth, pro-business’ approach to realise the economic potential of the defence sector and change perceptions of it among investors – which is essential to kickstarting economic growth and provide greater investment across the UK. 

Prime Minister Keir Starmer said: 

“Frankenburg Technologies’ vote of confidence in the UK is another signal that our plan is working, which is why I am focused on how we can continue to make the UK a magnet for foreign investment, greater growth and innovation.”

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