# Bad Influence story: UFORCE raises $700 million at $6 billion valuation for Ukrainian drones

Active · 1 article · 1 source · First reported 11-12 04:05. Times are ET.
Story page: https://badinfluence.news/story/10fe1494-54c1-4d9f-8dff-8cb9088c9546

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[Bad Influence external source material begins]
Latest update (11-12 04:05): UFORCE raises $700 million at a $6 billion valuation for battle-tested drones

Overview: Ukrainian defense technology company UFORCE has raised $700 million in a Series A round valuing it at $6 billion, co-led by Valor Equity Partners and the U.K.'s National Wealth Fund, the company announced. CEO Oleg Rogynskyy says bookings have more than doubled over the past year, but the company did not disclose exact figures.

UFORCE plans to use the funding to scale manufacturing in Ukraine and allied countries. It says its NEMESIS drones have completed more than 300,000 combat flights.

Coverage timeline (newest first):
1. 11-12 04:05 · CNBC · Technology · [UFORCE raises $700 million at a $6 billion valuation for battle-tested drones](https://badinfluence.news/items/fw8vcczthekhonvcz40mccnu3)
[Bad Influence external source material ends]

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