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CNBC

Ukrainian defense tech startup hits $6 billion valuation as investors bet on battle-tested drones

Thursday, November 12, 2026


UFORCE, a Ukrainian defense technology startup, reached a $6 billion valuation according to investor filings. The company's NEMESIS drones have completed 300,000 combat flights in the ongoing conflict. UFORCE's MAGURA naval vessels have been used in operations that contributed to the destruction of Russian warships.

Original reporting:

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