Ukrainian drone maker UForce raises $700M at $6B valuation to expand production
Published 15 h ago7 sourcesEvidence: Reported
UForce, a London-based naval drone maker founded by Ukrainians, raised over £500m including £113m from the UK's national wealth fund, reaching a £4.5bn valuation. Its drones have been used extensively in the Ukraine war, signaling strong Western investment in defense tech. The deal underscores UK strategic backing for drone capabilities amid ongoing conflict.
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Ukrainian-founded drone manufacturer UForce has secured substantial private and state-backed funding, with reported raises of $700M (Kyiv Independent) and over £500M (Guardian World). While both sources confirm significant investment and valuation, there are discrepancies in the reported funding amount ($700M vs. £500M+), valuation ($6B vs. £4.5B), and primary location (Ukraine vs. London). This capital injection is intended to expand production for Ukraine and allied nations, signaling strong confidence in defense technology.
Published 15 h ago7 sourcesEvidence: Reported
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