Markets

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

Summary

A Ukrainian defense technology startup has reached a valuation of six billion dollars following heavy investor interest in its combat-proven drones. The company's autonomous aerial and naval systems have successfully completed numerous missions against Russian naval forces.

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

Source: Read the full story at US Top News and Analysis

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