krattworks drones

KrattWorks profile

By Jonathan Tauzerus · reviewed against primary sources · updated October 9, 2026.

KrattWorks is a privately held Estonian unmanned aerial system producer that manufactures aerial target drones, intelligence, surveillance, and reconnaissance aircraft, and one-way attack drones.

What KrattWorks does

KrattWorks produces unmanned aerial systems in Estonia, producing aerial target drones, ISR drones and one-way attack drones. It supplies one-way attack drones to the Ukrainian Army and has delivered UAVs to customers in Europe. It says it has spare capacity to ramp up production if demand grows, and is open to some transfer of production if necessary and if demand in the buyer's country is large enough. DART is a fixed-wing aerial target for use against air-defense missiles, heavy machine guns and anti-aircraft cannons (per Defense News). DART-R is an aerial target decoy with a radar reflector and a maximum speed of 200 km/h (124 mph) per company data. PARM is an aerial target quadcopter. Ghost Dragon is an ISR drone deployed in Estonia, Georgia and Moldova, among others. KrattWorks says it builds ISR drones with wide frequency band-hopping radios and GNSS-free flight modes for first responders and servicemen. KrattWorks also supplies one-way attack drones to the Ukrainian Army, working closely with the Ukrainian Armed Forces and studying UAV attacks and tactics in Ukraine to improve its products.

The product lines that define the company for research purposes:

DART
DART-R
PARM
Ghost Dragon
One-way attack drones
Jet-powered Shahed-type aerial target drone

This profile is qualitative by design. It carries no share price, no price target, no valuation multiple, and no rating — those change faster than any page can honestly track, and the filings linked below are the authoritative source for them.

KrattWorks drone lineup

The current public product record does not identify a complete aircraft lineup.

No complete-aircraft offering is catalogued for this company; it is tracked here as an unmanned-systems enabler.

Statuses are editorial classifications from the company’s current public catalog: active means currently presented for sale, delivery, or program work; development means publicly disclosed but not a mature production offering; legacy means retained for historical or installed-fleet coverage.

Recent contracts & awards

A dated log of the specific contracts, orders, funding, and deployments reported for KrattWorks, each tied to its primary source. This is a record of what was announced — a "selection", "award", or "partnership" is not the same as obligated money, so read each source before treating a figure as revenue. No figure appears here unless a source reported it.

PendingOct 9, 2026
KrattWorks develops jet-powered Shahed-type aerial target drone, due to be presented by end of 2027
Defense News reported on October 9, 2026 that KrattWorks is developing a target drone that mimics jet-powered Shahed-type drones so militaries can practice shooting down a main aerial threat Russia uses in Ukraine. It is a development program. No prototype has been shown, and no price, quantity or customer contract is disclosed. The company says the Ukrainian Army is a potential user. The company says the drone is expected to be presented by the end of 2027; verify prototype milestones in the Defense News report and later company announcements.
Defense News: KrattWorks jet-powered Shahed-type target drone

Where KrattWorks sits in the value chain

KrattWorks is a pure-play: unmanned systems are the business rather than one line inside it, so the P&L moves with drone demand and has little else to cushion a slow procurement year.

Its disclosed activity spans aerial drones. That placement is the single most useful thing to fix in your head before reading any coverage, because the same headline means different things at different layers: a large platform award is transformative for a pure-play, material but diluted for a diversified contractor, and only indirectly relevant to a component supplier whose exposure arrives later as build-rate demand. Retail coverage routinely applies one story to all three layers at once. For the layer-by-layer comparison across the sector, see the drone stocks research shortlist and the list of publicly traded drone companies.

What to watch

The signals worth tracking are structural, not price-based — they tell you whether the business is changing shape, which is what eventually shows up in the numbers.

Development milestones for the jet-powered Shahed-type target drone prototype, which the company says is expected to be presented by the end of 2027. No prototype has been shown yet.
KrattWorks works closely with the Ukrainian Armed Forces. The Ukrainian Army is supplied with its one-way attack drones and is a potential user of the jet-powered target.
KrattWorks promoted its unmanned solutions at the AUSA conference in Washington in October 2026 to strengthen its U.S. presence, and is also trying to expand in Asia and Africa.
Where else Ghost Dragon is deployed beyond Estonia, Georgia and Moldova.
Whether KrattWorks uses its stated spare production capacity in Estonia, and any further comments on production transfer.

How to research KrattWorks

Every question below has one authoritative source, and using the wrong source is how most retail research goes wrong.

Research question	Where the answer lives	What to look for
Is there anything to buy?	SEC EDGAR full-text search	Whether any registration statement exists at all — absent one, there is no public security.
Is the government work real?	Official DoD contract announcements	Awarding service and scope of work, rather than a company-issued announcement.
What is the acquisition pathway?	DIU and DARPA program pages	Whether the work runs through non-traditional agreements or a conventional program of record.
How would exposure even work?	Fund holdings disclosures	Whether any listed vehicle discloses a stake — indirect exposure is usually thin and unstated.

For details on the jet-powered Shahed target project, descriptions of DART, DART-R, PARM and Ghost Dragon, and executive commentary from business development manager Ranno Pajuri, review the Defense News report on KrattWorks target drone development.
For other military drone makers, see military drone companies and the Baykar profile.
KrattWorks is private with no ticker. No price, quantity or customer contract for the jet-powered target drone is disclosed in the Defense News report.
Defense News reports that the Institute for Science and International Security estimated in its September 2026 report that Russia used about 5,166 Shahed-type drones, including decoys, against Ukraine in August 2026. On September 28, Ukraine's Office of the President reported an overall drone shoot-down rate of 70% and 57% for jet-powered Shaheds.

One failure mode is worth naming explicitly: a company announcement describing a "selection", "award", or "partnership" is not the same as obligated money, and the two are easy to conflate because they use the same vocabulary. Check the official record before treating either as revenue. Our full approach is documented on the methodology page.

KrattWorks FAQ

What does KrattWorks do?

KrattWorks produces unmanned aerial systems in Estonia, producing aerial target drones, ISR drones and one-way attack drones.

Is KrattWorks publicly traded?

KrattWorks is not publicly traded, so there is no ticker to buy. Any claim otherwise should be verified against SEC EDGAR before it is believed.

What should investors watch with KrattWorks?

Development milestones for the jet-powered Shahed-type target drone prototype, which the company says is expected to be presented by the end of 2027. No prototype has been shown yet.

Where can I research KrattWorks directly?

Go to the primary sources: Defense News: Estonia's KrattWorks crafting Shahed-like dummy drone for target practice. Avoid aggregator summaries when the filing itself is available.