UForce Raises $700M to Scale Drone Production for Ukraine and Allies
Allied markets, Europe, and the United States will see increased production of autonomous systems and drones that have already proven their worth in combat.
Valued at $6 billion, the Ukrainian-founded defense tech firm UFORCE has secured $700 million through a Series A funding round. This capital injection is designated for scaling up the manufacturing of autonomous defense systems and drones for use by Ukraine and its partner nations.
With its headquarters in London and key operational hubs in Washington, D.C., and Kyiv, UFORCE revealed the funding details on November 12. The financing was co-led by the UK’s National Wealth Fund and Valor Equity Partners. Other participants in the round included Hiro Capital, Xantium, Menlo Ventures, and the U.S.-Ukraine Reconstruction Investment Fund.
The deal underscores a surge in investor confidence in autonomous defense technologies that have been battle-tested in Ukraine. UFORCE aims to leverage these funds to ramp up output, advance research and development efforts, and position manufacturing facilities nearer to its global client base.
From Battlefield Technology to Global Manufacturing
The firm engineers artificial intelligence, command-and-control software, and autonomous platforms for maritime, terrestrial, and aerial missions.
Key products in its lineup are:
NEMESIS: A heavy strike drone family employed by Ukrainian troops for reusable bombing runs and one-way attack missions.
MAGURA: Uncrewed surface vessels that have seen action in Black Sea maritime engagements.
LIUT: Ground-based robotic systems built for military deployment.
PREDATOR: Turret systems designed to intercept and neutralize aerial threats.
UFORCE states that its NEMESIS drones have logged over 300,000 combat sorties and are currently operated by more than 100 Ukrainian military units.
The company also claims its MAGURA drones helped sink more than a dozen Russian warships. Note that these operational statistics are reported by the company and lack independent verification.
UFORCE CEO Oleg Rogynskyy said the investment will help the company expand production while continuing to develop systems based on battlefield experience.
"This investment will help us scale production for Ukraine and bring to allies solutions they can field, integrate and sustain at the speed of modern combat."
Expanding Production in the United States and Allied Countries
Manufacturing capabilities will be spread across the Middle East, Asia-Pacific, Europe, and the United States.
This geographic diversification aims to safeguard production lines against ongoing attacks on Ukrainian infrastructure. Additionally, it enables allied nations to build their own domestic capacity for producing autonomous defense systems.
Recently, UFORCE partnered with ReconCraft in the United States to boost the manufacturing output of MAGURA uncrewed surface vessels.
The firm also intends to collaborate with established manufacturers in allied nations, potentially repurposing automotive and maritime production lines for defense equipment.
The U.S.-Ukraine Reconstruction Investment Fund joined the financing round. Their contribution will bolster UFORCE’s operations in Ukraine, covering staffing, research, and the development of new products.
The UK’s National Wealth Fund is simultaneously supporting the expansion of engineering and manufacturing operations within Britain.
Former NATO Commander Joins Board
Christopher G. Cavoli, the retired U.S. Army General and former Supreme Allied Commander Europe for NATO, is set to join UFORCE’s board. He also serves as a partner at Valor Equity Partners, a lead investor in this round.
"Ukraine has shown the world how quickly battlefield innovation can move when engineers work side by side with the people who rely on their systems," Cavoli said.
He added that UFORCE is applying that experience to develop both autonomous platforms and the operational expertise needed to use them.
This funding arrives as European allies and the United States look to bolster domestic drone production and fortify defense supply chains.
For UFORCE, this new capital marks a significant milestone in transforming war-tested systems into commercially supported products across multiple allied nations.