UK Drone Maker Founded by Ukrainians Hits £4.5bn Value After £500m Raise

RecentNews.uk

Naval drone maker UForce has reached a £4.5bn valuation after securing over £500m in funding.

The UK government contributed £113m via its national wealth fund.

Defence secretary Wes Streeting tested a UForce uncrewed vessel remotely from Oslo.

Over 70% of UK-built boat content will come from British suppliers.

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