Defence technology company UFORCE has announced the completion of a $700m Series A funding round, valuing the company at $6bn.
The financing, co-led by Valor Equity Partners and the UK National Wealth Fund, is intended to accelerate the global expansion of UFORCE’s autonomous uncrewed defence systems and further research and development efforts.
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The round includes investment from the US–Ukraine Reconstruction Investment Fund, which is set to bolster UFORCE’s workforce, R&D programmes, and product development activities specifically within Ukraine.
Menlo Ventures, Xantium, and Hiro Capital participated in the round, alongside existing investors such as Shield Capital and Ballistic Ventures, who have increased their stakes.
UFORCE plans to use the newly secured capital to scale up its manufacturing and distribution capabilities across the US, Europe, Asia-Pacific, and the Middle East.
The aim is to position production closer to key regions where its autonomous platforms, spanning sea, land, and air, are most likely to be needed and to support allied nations in increasing sovereign defence production capabilities.
UFORCE states that expanding distributed production capacity will help ensure a steady supply of its systems to front-line troops and allow for continued R&D and higher production rates of platforms such as the MAGURA USV, NEMESIS UAV, LIUT UGV, and the PREDATOR turret families.
The company has also outlined plans to work with international partners to convert existing manufacturing facilities for defence use.
Recent steps include a partnership with ReconCraft aimed at scaling US-based production of its MAGURA USVs, expanding access to these systems for global markets.
Additionally, UFORCE intends to build on its role as a founding member of the EU-Ukraine Drone Alliance, and further cooperation within Nato and the Joint Expeditionary Force networks.
UFORCE chief executive officer Oleg Rogynskyy said: “The war in Ukraine has shown that in an increasingly volatile world, effective defence requires systems that can keep improving as threats change.
UFORCE, which was founded Ukraine and is headquartered in London, develops autonomous uncrewed systems for sea, land, and air, along with the AI-driven software and command-and-control infrastructure that manages them.
