Cambridge Aerospace

Cambridge Aerospace builds autonomous air-defence interceptors for defeating drones and cruise missiles. Founded in 2024, it secured a multi-million-pound UK Ministry of Defence contract for Skyhammer, which entered delivery and Jordan trials in 2026. The company had raised about $100 million in early capital before a July 2026 report said it was nearing a $300 million financing at roughly a $3.5 billion valuation.

Facts

Segment: Defense Robotics
Country: United Kingdom
Founded: 2024
Website: https://www.cambridgeaerospace.com/

Funding

2025-07-11 - Early capital - $100M - Cambridge Aerospace reports about $100 million in early capital - Cambridge Aerospace had raised around $100 million in early capital to develop lower-cost systems for intercepting drones and cruise missiles. - source: news.bloomberglaw.com

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Investors

Accel - Participant - Unknown - 1 funding event - first seen 2025-07-11
Lakestar - Participant - Unknown - 1 funding event - first seen 2025-07-11
Lux Capital - Participant - VC - 1 funding event - first seen 2025-07-11

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2 commercial events; 2 contract awards; latest event 2026-07-13

2026-07-13 - Contract award - Cambridge Aerospace selected for European low-cost interceptor programme - source: gov.uk
2026-05-01 - Contract award - UK MoD signs Skyhammer contract after Jordan interceptor trial - source: gov.uk

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Market context

Comparable profiles and adjacent companies connected by shared workflow, capability, or stack position.

TAF Industries - comparable profile - peer: Cuas Interceptor Drone Builder
Askari Defense - comparable profile - peer: Cuas Interceptor Drone Builder
Granta Autonomy - comparable profile - peer: Cuas Interceptor Drone Builder

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Timeline

2026-07-15 - Market Signal - Cambridge Aerospace reportedly nears $300 million financing at roughly $3.5 billion valuation - The proposed terms imply a valuation of roughly $3.4 billion to $3.5 billion. DFJ Growth is expected to lead; terms remain unfinalised and the company has not confirmed the transaction. The proposed valuation is a rapid step-up from the roughly $400 million… - source: resiliencemedia.co
2026-07-13 - Contract Award - Cambridge Aerospace selected for European low-cost interceptor programme - The shared programme covers three suppliers and does not disclose Cambridge Aerospace’s individual award value. The work supports a five-nation effort involving the UK, France, Germany, Italy and Poland. The programme targets lower-cost air-defence effectors… - source: gov.uk
2026-05-01 - Contract Award - UK MoD signs Skyhammer contract after Jordan interceptor trial - Skyhammer was tested in demanding desert conditions against the counter-drone mission. The interceptor has a 30 km range and a maximum speed of 700 km/h. The agreement covered missiles, launchers, integration, technical support and end-user training. - source: gov.uk

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Team

Professor Steven Barrett - Co-Founder and Chief Executive Officer
Junaid Hussain - Co-Founder
Chris Sylvan - Co-Founder and Chief Commercial Officer

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