Valkyrie Dynamics raises €1 million for a radar seeker for interceptor drones

Valkyrie Dynamics, a defence hardware company from Ukraine and Lithuania, has raised €1 million from Hexa, a venture studio in Paris, in a pre-seed round that defence tech angel investors also joined. It has also entered Hexa Sprint Defense, a programme for young European defence and dual-use companies.

Its Heimdall radar seeker fits in the nose cone of FPV interceptors. In the final 100 to 500 metres of an interception, when cloud, rain or fog can blind optical and thermal cameras, it gives the operator a radar view of the target. The company says the money will pay for making the first version, product development and hiring.

Valkyrie is headquartered in Lithuania and has its research lab in Kyiv. It recently flight-tested Heimdall with Korven Systems, a Ukrainian-Estonian developer of autonomy for interceptor drones, and plans European integration hubs in late 2026 to serve NATO purchases.

“We want to replace $3M missiles with low-cost drone interceptors guided by more accessible radar technology,” said founder and chief executive Marcin Kovalevskij.