Ukrainian defense tech startup hits $6 billion valuation as investors bet on battle-tested drones

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Ukrainian defense tech startup hits $6 billion valuation as investors bet on battle-tested drones

AI Summary

Ukrainian defense technology startup UFORCE has reached a reported $6 billion valuation as investors back its combat-tested systems. Its NEMESIS drones have reportedly completed 300,000 combat flights, while its MAGURA naval vessels have been used against Russian warships.

UFORCE's NEMESIS drones have completed 300,000 combat flights, and its MAGURA naval vessels have contributed to the destruction of Russian warships.

Security Conflict Markets Deals AI & Tech Shipping UFORCE defense technology drones naval vessels Ukraine war startup valuation military investment

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