Jussi Holopainen, CEO of Summa Defence Ltd, highlighted the growing demand for drone technology. “Drones will be delivered not only to Ukraine but also across the European Union and NATO countries. They will become a permanent part of society, securing critical functions in civilian, defence, and security sectors,” he said.

The initiative represents a strategic investment, with Summa Defence forming a subsidiary, Summa Drones Ltd, to oversee operations. Summa Drones will establish a joint venture in Finland with Ukrainian partners, holding a majority stake. Participating Ukrainian drone companies include Kort, Elf Systems, Skyassist, and MPS Development. The facility will manufacture aerial drones as well as ground and marine drones.

The drones being integrated into Summa Defence Group’s portfolio have already demonstrated their strategic value in Ukraine, particularly in protecting critical infrastructure and during emergency and rescue operations. Holopainen underscored the importance of the venture, saying, “Establishing production in Finland enhances security of supply both in Ukraine and internationally.”

Summa Defence envisions building a growth-oriented company uniting actors in the defence and security sectors. It plans to focus on dual-use technologies in situational awareness, mobility, and protection, with applications across civilian, security, and defence industries. The group seeks partners with the capacity and ambition for international growth, particularly in NATO member countries, while ensuring acquired companies retain their identities and benefit from group synergies.

Summa Defence is also in the final stages of acquisition negotiations with several companies in the security and defence technology sectors, further strengthening its position in the industry.

HT