RSI Europe and Odin Defence selected for EU funding to expand defence manufacturing in Lithuania and Estonia

Lithuania's RSI Europe and Estonia's Odin Defence have been selected for €29.5 million in European Union funding to establish a cross-border defense manufacturing initiative called RagnaRasa. The project links production of energetic components at Estonia's Ermistu Defence Industry Park with final assembly, testing and qualification activities in Lithuania, combining Odin's energetic-materials expertise with RSI Europe's unmanned-systems and warhead manufacturing. Announced October 16, 2026, the award was among eight projects selected from 83 applications under the European Defence Industry Programme's first call for energetic components. The funding supports industrial expansion; it does not constitute a disclosed military purchase of finished drones or munitions.