National Wealth Fund invests £113 million in UFORCE
See how this story connectsThe National Wealth Fund has announced a £113 million ($150 million) equity investment in UFORCE, a British-Ukrainian defence technology company making autonomous and uncrewed systems, as part of a $700 million Series A round. The investment is the Fund’s largest in defence to date and will scale British production of the MAGURA (MV7 / MV11) and NEMESIS systems. UFORCE will expand its UK presence and create hundreds of high-skilled jobs.
Why it matters
More than 70% of the content of each UK-built MV series boat will come from British suppliers, covering hulls, engines, electronics and fit-out.
- When
- 12 Nov 2026
- ID
WTA-N-2026-0864- Where
- United Kingdom, Ukraine
- Who
- National Wealth Fund, UFORCE; Oliver Holbourn, Oleg Rogynskyy
Summary written with AI by wheresthe.ai, from National Wealth Fund and the reporting credited above. Checked against the source on 12 Nov 2026.
Source copy: saved on 12 Nov 2026 to check this story and not republished, because the text belongs to its publisher. Also held by the Internet Archive.
Cite this story
WTA-N-2026-0864: “National Wealth Fund invests £113 million in UFORCE.” wheresthe.ai, 12 Nov 2026. https://wheresthe.ai/d/gb-national-wealth-fund-invests-113-million-in-uforce-2026-11/ (source: National Wealth Fund).
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