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Alta Ares raised €50M to make shooting down a drone cheaper than the drone itself

Alta Ares raised €50M to make shooting down a drone cheaper than the drone itself

Home/News/Alta Ares raised €50M to make shooting down a drone cheaper than the drone itself

A Shahed attack drone costs tens of thousands of euros. The missiles traditionally fired to shoot one down can cost a million or more. A French startup has raised €50mn to fix that maths. Alta Ares, a Paris-based defence-technology company founded in 2024, said on Tuesday it had closed a €50mn round

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Tags:#drone-technology#startup-funding#defense-innovation#aerospace#cost-reduction

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