UK secures £113m drone deal to create hundreds of skilled jobs
The UK National Wealth Fund is investing £113 million in drone company UFORCE to expand advanced manufacturing and create high-skilled British jobs.
The UK government-backed National Wealth Fund is investing £113 million in defence tech company UFORCE to expand advanced drone manufacturing and boost British engineering. The funding forms part of a 700-million-dollar Series A investment round for the Ukrainian-founded firm.
According to GOV.UK, the expansion will create hundreds of high-skilled jobs across Britain in software development, artificial intelligence and specialised manufacturing. UFORCE, which is headquartered in the UK, will source more than 70 per cent of components for its uncrewed vessels from domestic British suppliers, strengthening local supply chains.
The company specialises in frontline-tested autonomous systems for land, sea and air. Demonstrating the technology, the UK Defence Secretary recently operated an uncrewed maritime vessel located over 1,500 miles away from the deck of aircraft carrier HMS Prince of Wales.
Source: GOV.UK
