RSI Europe and Odin Defence have been selected for €29.5 million in EU funding to advance RagnaRasa, a defence industrial initiative connecting Lithuania and Estonia. The funding comes under the Industrial Reinforcement Actions (IRA) of the European Defence Industry Programme (EDIP).
RagnaRasa is one of eight projects selected from 83 proposals from 23 EU Member States and Norway in EDIP’s first energetic components call.
“RagnaRasa is the next step in building our industrial capacity and regional defence capability, connecting essential components manufacturing in Estonia with final product assembly, testing and qualification in Lithuania,” says Tomas Milašauskas, CEO and co-founder of RSI Europe.