On 20 May 2012 , Tero Kaukomaa , producer of the first film , announced that there were plans for a prequel and a sequel but refused to disclose details . In May 2013 , Vuorensola announced that '' Iron Sky '' would have a sequel titled '' Iron Sky The Coming Race '' . He also mentioned that unlike the first film , this installment would be completely funded by fans via Indiegogo , with an estimated budget of US$ 15 million . A promo video was shot for the 2014 Cannes Film Festival and the final draft of the script was scheduled to be published by the end of 2014 . Filming was expected to begin in 2015 . In July 2013 , Vuorensola revealed Croatia as one of the proposed shooting locations . In February 2014 , Dalan Musson signed in to write the screenplay . The Finnish Film Foundation and Medienboard Berlin-Brandenburg had come on board to finance the US$ 13 million project . On 5 November 2014 , Energia Productions launched another crowdfunding campaign to raise US$ 500,000 before 20 December . At the closing of the campaign on 5 January , contributors pledged a grand total of US$ 560,949
2014 Cannes Film Festival
2014 Cannes Film Festival
Iron Sky: The Coming Race