UK-backed Ukrainian drone maker UForce hits £4.5bn valuation after £500m raise

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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