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UK drone maker founded by Ukrainians hits £4.5bn value after raising £500m

Britain’s national wealth fund invests £113m in UForce, whose equipment has been used heavily in war with Russia A London-based naval drone maker founded by Ukrainians has reached a £4.5bn valuation after it raised more than £500m from investors including the UK government. UForce, which makes military drones for land, air and sea, received £113m from the UK’s national wealth fund. The investment…

First reported by The Guardian 1 source
Image: The Guardian
Image: The Guardian
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  1. The Guardian

    UK drone maker founded by Ukrainians hits £4.5bn value after raising £500m (opens The Guardian in a new tab)

    Britain’s national wealth fund invests £113m in UForce, whose equipment has been used heavily in war with Russia A London-based naval drone maker founded by Ukrainians has reached a £4.5bn valuation after it raised more than £500m from investors including the…

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