Greenjets raises $40M Series A for NATO-backed low-cost drone interceptor propulsion
UK aerospace startup Greenjets raised $40 million in Series A on July 22, led by Blossom Capital, with participation from NATO Innovation Fund (NIF) and UK National Security Strategic Investment Fund (NSSIF). The funding comes days after Greenjets was selected by the UK Ministry of Defence under the LCADE (Low-Cost Air Defence Effectors) programme to develop a low-cost drone interceptor for Britain and four NATO allies (Poland, France, Germany, Italy). The company develops ducted fan propulsion systems, airframes, and manufacturing processes for autonomous aircraft and counter-drone defense systems.
Greenjets' competitive advantage centers on propulsion: modern interceptors must catch targets traveling 500 km/h, but traditional propeller-driven systems lack speed and turbojet alternatives require 2+ minutes to spool up. Russia's use of 50,000+ low-cost attack drones in 2025 (up from 11,000 in 2024) has reset defense economics. The UK Defence Investment Plan commits £750M to short-range counter-drone capability and £5B to drones and autonomous systems—areas where Greenjets' sovereign Allied supply-chain technology directly applies. The company has 50+ people and is expanding UK facilities from 12,000 to 70,000 sq ft.
For defense procurement teams, the funding signals accelerating shift toward European sovereign aerospace-defense capabilities in response to Ukraine and Middle East conflicts. Greenjets' broader ambition is not just interceptors but foundational propulsion that powers the entire next-generation autonomous aviation stack. Early deployment and NATO backing reduce technical risk; production scale-up is the immediate constraint. Monitor the demonstration trials scheduled for later in 2026 and UK MoD procurement decisions for signals of demand validation.
Sources
- Primary source
- greenjets.com
“$40 million Series A funding round led by Blossom Capital, with participation from the NATO Innovation Fund (NIF), the National Security Strategic Investment Fund (NSSIF)”
- resiliencemedia.co
“Investment comes just days after Greenjets was selected alongside Cambridge Aerospace and Frankenburg Technologies under the Ministry of Defence's Low-Cost Air Defence Effectors (LCADE) programme to develop a British low-cost drone interceptor”
- nif.fund
“Russia produced over 50,000 Shahed-class attack drones in 2025, up from 11,000 in 2024”