DECENTRALIZED MEDIA IS LIVE POWERED BY
Banx Media Platform logo
BUSINESSAutomotiveHappening Now

Nammo to Expand Rocket Motor Production With €50 Million in EU and Norwegian Support

Nammo plans a fourth production line in Norway, backed by €50 million in EU and Norwegian funding to boost rocket motor output.

B

Bobby brown jr

INTERMEDIATE
1 min read
0 Views
Nammo to Expand Rocket Motor Production With €50 Million in EU and Norwegian Support

Nammo will establish a fourth solid rocket motor production line at its Raufoss facility in Norway, backed by approximately €50 million in public funding. The European Commission awarded €25 million to the ROCMAN project through its defence industry programme, with Norway matching the amount. The expansion aims to raise output and shorten lead times for motors used in missile systems and artillery ammunition. The project also includes site security upgrades and improvements to access to raw materials and components regionally.

Published by Banx Network. This article is part of the Banx decentralized media programme, powered by the BXE token on the XRP Ledger.

Decentralized Media

Powered by the XRP Ledger & BXE Token

This article is part of the XRP Ledger decentralized media ecosystem. Become an author, publish original content, and earn rewards through the BXE token.

Newsletter

Stay ahead of the news — and win free BXE every week

Subscribe for the latest news headlines and get automatically entered into our weekly BXE token giveaway.

No spam. Unsubscribe anytime.

Share this story

Help others stay informed about crypto news

Related articles

Keep exploring the latest stories.

View more
The Global Water Crisis: Could Water Scarcity Become the Next Financial Emergency?

The Global Water Crisis: Could Water Scarcity Become the Next Financial Emergency?

Water is essential to almost every part of the global economy, from agriculture and energy production to semiconductor manufacturing and household consumption.…

DTCC Goes Live: The $114 Trillion Wall Street Giant Is Bringing Traditional Finance On-Chain

DTCC Goes Live: The $114 Trillion Wall Street Giant Is Bringing Traditional Finance On-Chain

One of the most important institutions in global financial markets has officially launched its tokenisation service. On 28 October 2026, the Depository Trust C…

Energy, AI, and Water: A Framework for the Future

Energy, AI, and Water: A Framework for the Future

Canada and the UAE signed a Comprehensive Economic Partnership Agreement and launched a Strategic Partnership covering energy, AI, critical minerals, water, an…