Radiocor News

UK drone interceptor Cambridge Aerospace reportedly targets 1 bln usd valuation

(Il Sole 24 Ore Radiocor) - Milano, 17 mar - The UK drone interceptor startup Cambridge Aerospace is in talks with investors to raise 200 million dollars, the Financial Times reported, citing unnamed sources.

That would value the company at around 1 billion dollars, the FT said.

Cambridge Aerospace is chaired by former UK defense minister.

Grant Shapps.

(RADIOCOR) 17-03-26 10:22:40 (0212) 5 NNNN

 


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