Nordic Investment Bank (HQ)

Investments in Drone Technology Unit within Applied Research Centre, Estonia

Last update: Feb 10, 2026 Last update: Feb 10, 2026

Details

Location:Estonia
Estonia
Category:Unspecified/other
Status:Approval
Sectors:Vehicles, ICT & Telecommunications, Research & Innovation
Languages:English
Contracting authority: Metrosert
Contracting authority type:Consulting organization
Eligibility:Unknown
Budget: EUR 47,900,000
Date posted: Feb 10, 2026

Attachments 0

Associated Awards

Project cycle timeline

STAGES
EARLY INTELLIGENCE
PROCUREMENT
IMPLEMENTATION
Cancelled
Status
Programming
Formulation
Approval
Forecast
Open
Closed
Shortlisted
Awarded
Evaluation

Description

Date: 6.2.2026Country: EstoniaCustomer: Metrosert ASAmount in EUR: EUR 11.4 millionMaturity: 10 yearsBusiness sector: Industry & Real EstateProjectNIB has provided the loan to Metrosert AS to finance investments in the new Drone Technology Unit within
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tender Background

About the Funding Agency

NIB finances projects that improve competitiveness and the environment of the Nordic and Baltic countries. The Bank offers long-term loans and guarantees on competitive market terms to its clients in the private and public sectors. NIB is an international financial institution owned by Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The Bank has lending operations both in and outside its member countries. NIB acquires the funds for its lending by borrowing on the international capital markets. NIB's bonds enjoy the highest possible credit rating.

Type of projects: services, supply, works.

In order to see NIB opportunities on DevelopmentAid, please click here.

About the Sectors

Vehicles

Covers the supply, operation, and maintenance of vehicles used for land, water, air, and specialized transport purposes.


Key areas:
  • Land vehicles (cars, buses, trains, off-road vehicles)
  • Watercraft and marine vehicles
  • Aircraft, drones, and aerospace vehicles
  • Specialized vehicles (ambulances and service vehicles)

ICT & Telecommunications

Features information and communication technologies, digital systems, and telecommunications infrastructure and services.


Key areas:
  • ICT systems, software, and digital solutions
  • Telecommunications networks and services
  • Digitalization, data, and communication tools

Locations

Estonia

Estonia prioritizes digital infrastructure, rail connectivity, and energy security to support economic competitiveness and regional integration. Projects such as Rail Baltica enhance transport links with neighboring Baltic and European markets. Financing relies on national budgets, EU funds, and private sector investment. Cybersecurity, renewable energy expansion, and regional connectivity remain central infrastructure priorities.

Nr. of tenders: 7885
Nr. of grants: 15425
Nr. of donors: 524
Nr. of jobs: 14
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