funding · SE · 07 MAY 2026
SWEBAL raises €30 million to build Sweden’s first TNT facility and strengthen NATO ammunition supply.
SWEBAL · EUR 30.0M
Investors: Karl Engelbrektson, Pär Svärdson, Thomas von Koch
Provenance
Sources
Tech.eu · 07 May 2026
SWEBAL raises €30M to build Sweden’s first TNT facility and strengthen NATO ammunition supply
SWEBAL’s facility will produce over 4,000 tonnes of TNT annually to support Europe’s growing demand for artillery shells, drone munitions, mines, and other armaments.