INSUBCONTINENT EXCLUSIVE:
Fully committed by existing investors, including round leader Ventura Capital, Baillie Gifford, the NATO Innovation Fund (NIF), Iberis
leader and fuels its continued expansion across Europe, as the company pursues global leadership in AI-driven autonomous defence and
AI-driven technology.The investment in research, infrastructure, and defence technology will generate more than 1000 high-skilled jobs and
lay the foundation for a sovereign capability in next-generation warfare
AR5, in the UK, supporting the development of sovereign defence systems.Building on three years of frontline innovation in partnership with
OVERMATCH is the next step: scaling this battlefield- proven success into a sustainable, strategic capability for the UK.OVERMATCH is
hubs designed to unite academia, industry, and government in the pursuit of defence innovation.The second, NETWORK, involves the expansion
of a pan-European testing and evaluation infrastructure, including new facilities built upon existing operations in the UK.The third pillar,
SCALE, will deliver next-generation production hubs capable of responding with speed and flexibility to evolving operational
creation of a defence innovation ecosystem that will bring together European businesses, particularly small to medium-sized enterprises, to
integrate, test and scale new defence technologies to support the armed forces in the delivery of complex missions
A key lesson from the war in Ukraine is that success requires being constantly one step ahead
A new type of government-industry relationship, that puts operational output front and center, embraces new technologies faster than ever
before, and iterates those capabilities faster than our adversaries is essential
With OVERMATCH, TEKEVER is stepping up and committing its full support in driving forward this critical agenda.Ricardo Mendes, CEO of
be smarter about investments
innovate at pace and scale with the shared mission of securing the future of Europe
This latest funding round will help us deliver that mission
The continued backing from our investors, including Baillie Gifford and the NATO Innovation Fund, reflects their confidence in our vision,
since my time as the Director of Innovation in the UK Ministry of Defence
Their mission focus and adaptability made them one of the most successful drone providers into Ukraine through Task Force Kindred
Their offering of uncrewed surveillance solutions has been instrumental in helping Ukraine counter Russian aggression by continuously
innovating at the pace of conflict
It is therefore extremely exciting to be supporting them in my current role as the Chief Adoption Officer at the NATO Innovation Fund
Not only are they integrating increasingly sophisticated AI and software into their platforms, they are now also forging innovative new
thousands of high-skilled jobs, and help NATO unlock the potential of new technology to deal with an increasingly complex security
the opportunities emerging in this sector
