According to CoinMeta, the UK National Wealth Fund participated in a $700 million financing round for drone startup Uforce, marking the fund's largest investment in the defense sector to date. Uforce was initially established in Ukraine, formed by the merger of several Ukrainian companies that develop drones, unmanned vessels, and anti-drone systems. The company's CEO Oleg Rogynskyy stated that they will use the new funds to expand production facilities in Ukraine, as well as their research and development centers in the UK, the US, and Germany.