• Propulsion and aerospace technology company Greenjets raises $40 million Series A
• Round led by Blossom Capital with participation from the NATO Innovation Fund (NIF), the National Security Strategic Investment Fund (NSSIF), and existing investors including Tanglin Ventures and NSFO Family Office
• Announcement follows Greenjets’ selection by the UK Ministry of Defence under the LCADE programme to develop a British low-cost drone interceptor   

Greenjets, which develops propulsion systems, aircraft platforms and launch technologies for the next generation of aviation, today announced a $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), and existing investors including Tanglin Ventures, NSFO Family Office and others. The raise will enable Greenjets to accelerate the development, production and deployment of the foundational technologies shaping the next generation of aviation.

The announcement comes days after Greenjets was named one of three companies selected by the UK MOD under the Low-Cost Air Defence Effectors (LCADE) programme to develop a British low-cost drone interceptor. LCADE is delivered by the National Armaments Director Group as part of LEAP, a five-nation European effort spanning the UK, Poland, France, Italy and Germany, with the UK becoming the first partner nation to put suppliers on contract. Greenjets’ interceptor moves into demonstration trials later this year.

Greenjets develops foundational technologies to shape the future of automation, and intelligence, surveillance and recognition systems. Its integrated portfolio spans propulsion systems, aircraft platforms and launch technologies, all built on a common technology stack that enables rapid iteration, production at scale and deployment across multiple aerospace applications.

Drones have become the defining weapon of modern conflict. Russia produced over 50,000 Shahed-class attack drones in 2025, up from 11,000 in 2024. As these are getting faster, the predominant challenges of intercepting them become not only economic but also capability driven. Newer Shahed drone variants are reaching speeds of 500 km/h. At those speeds, propeller-based interceptors struggle to catch them. Turbojets can, but they take up to two minutes to spool up and have constrained supply chains. Greenjets provides the underlying engines and airframes to close this gap.  

The company is under contract across multiple UK and international programmes, with technologies progressing towards demonstration trials with the UK Ministry of Defence and partners this year. Greenjets combines long-term technology development with rapid execution. Over the past year, Greenjets has expanded from 12,000 to nearly 70,000 square feet of UK facilities and is on track to grow from 160 to more than 250 people, supporting the transition from development to production.

Greenjets’ competitive advantage is underpinned by a growing intellectual property portfolio spanning propulsion, aircraft integration and advanced manufacturing. This shared technology base enables rapid product development across multiple aerospace applications while strengthening the company’s position as production scales.

The Series A raise is accelerating Greenjets’ transition from development to production, supporting the delivery of thousands of systems over the next 12 months. Alongside production scaling, the investment will accelerate development across the company’s propulsion, aircraft and launch technology portfolio, while supporting continued expansion with international partners and customers.