Defense drone developer Cambridge Aerospace raises $300M
Cambridge Aerospace plans to bring its next product, Starhammer, to market in 2027. | Source: Cambridge Aerospace Cambridge Aerospace Ltd. this week raised $300 million in Series C funding, bringing its valuation to $3.4 billion. The defense drone developer said it plans to expand its manufacturing capabilities to deliver on existing and new contracts. The round comes just months after Cambridge Aerospace’s $200 million Series B round in April. Since then, the company said it has received
Cambridge Aerospace, a defense drone developer founded in 2024, raised $300 million in Series C funding, bringing its valuation to $3.4 billion. The company develops air defense systems, with its first product designed to intercept aerial threats including drones and low-speed missiles, and has received contracts from the U.K. Ministry of Defence. The funding will support expanded manufacturing capabilities and development of next-generation products. Defense drones have attracted significant investment across the industry in recent months, with multiple companies in the sector raising substantial funding rounds.
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Also reported by TechCrunch and The Verge
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