Cambridge Aerospace Secures $300mn Investment, Valued at $3.4bn
UKPulse Money Desk
Cambridge Aerospace, a UK start-up specialising in missile and drone interceptors, has raised $300 million, achieving a valuation of $3.4 billion.
- Cambridge Aerospace, a UK start-up, has raised $300 million.
- The company is now valued at $3.4 billion.
- It has secured contracts with the Ministry of Defence and is in discussions with the US government.
Cambridge Aerospace, a UK-based start-up focused on missile and drone interceptor technology, has successfully raised $300 million in new funding. This investment brings the company's valuation to $3.4 billion.
The company has already secured contracts with the UK's Ministry of Defence. Additionally, Cambridge Aerospace is reportedly in talks with the US government regarding the provision of its systems.