UFORCE develops autonomous military platforms alongside the artificial intelligence software and command systems that coordinate their operations. Its products include MAGURA unmanned maritime vessels, NEMESIS aerial strike drones, LIUT ground robots, and PREDATOR turrets designed to defend against hostile drones.
The company has built its business partly through acquiring defense technology firms whose products have already been deployed in Ukraine. Its strategy combines these systems under a broader technology platform while providing the resources needed to increase production and support operations across multiple military environments.
UFORCE reports that its MAGURA maritime drones have helped destroy more than a dozen Russian warships in the Black Sea. Its NEMESIS Class 1 heavy-strike drones have reportedly completed over 300,000 combat missions and are used by more than 100 Ukrainian military units. These operational figures come from the company and have not been independently verified.
The new financing will primarily support manufacturing expansion across the United States, Europe, Asia-Pacific, and the Middle East. UFORCE intends to establish production facilities in allied countries, allowing governments to manufacture and maintain autonomous defense equipment domestically while reducing reliance on centralized production.
The company is also working with industrial partners to repurpose existing manufacturing infrastructure for military equipment. One example is its partnership with U.S.-based ReconCraft, announced in July, to establish American production capabilities for MAGURA maritime drones.
The UK National Wealth Fund is contributing £113 million, approximately $150 million, representing its largest defense investment to date. The funding will help expand UFORCE's British engineering and manufacturing operations, including production of MAGURA MV7 and MV11 vessels and NEMESIS systems.
UFORCE expects its UK expansion to create hundreds of skilled positions across engineering, software development, artificial intelligence, and advanced manufacturing. The company also plans to source more than 70% of the components used in its UK-built MV-series vessels from British suppliers, including engines, electronics, hulls, and other equipment.
Oliver Holbourn, chief executive of the UK National Wealth Fund, linked the investment to cooperation between the two countries.
"Today's investment is a testament to the special relationship that the UK and Ukraine have fostered," Holbourn said.
The US-Ukraine Reconstruction Investment Fund's participation will support UFORCE's operations within Ukraine, including recruitment, research, and the development of additional defense products.
UFORCE CEO and co-founder Oleg Rogynskyy said the financing reflects the need for military technology that can be updated quickly as battlefield conditions change. The company aims to develop autonomous systems that are substantially less expensive than the offensive weapons they are designed to counter.
"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," Rogynskyy said.
The financing also brings a new member to UFORCE's board. Retired U.S. Army General Christopher G. Cavoli, who previously served as NATO's Supreme Allied Commander Europe and is now a partner at Valor Equity Partners, is joining the company as it expands its international operations.
UFORCE's leadership already includes former Ukrainian Prime Minister Oleksii Honcharuk, who serves as chairman, and former UK Defense Secretary Ben Wallace, a board member. The company also appointed Sean Plankey to lead its U.S. operations in May 2026.
The $700 million investment follows an earlier $50 million financing that valued UFORCE at more than $1 billion. With its latest funding, the company is moving to increase production across several autonomous defense product lines while building the manufacturing infrastructure needed to supply Ukraine and allied governments.
This analysis is based on reporting from securities.io.
Image courtesy of Startup.eu.
This article was generated with AI assistance and reviewed for accuracy and quality.
