Fundraise

MBDA doubles down on UK drone maker Hydra with second investment

What's the deal? European missile group MBDADealroom has a profile for this one. Try Dealroom → has made a follow-on investment in Hydra, the UK-based maker of the Jet-Electric HYDRA-400 uncrewed aerial vehicle (UAV). MBDA led the late-stage round and retains its stake as a shareholder.

Why now? The re-raise comes barely a year after MBDA's first cheque, one of its earliest investments in a UK small and medium-sized enterprise (SME). The HYDRA-400 made its first flight in March 2026, and the platform served as the backdrop for defence secretary Dan Jarvis' speech at the Uncrewed Systems Centre on 12 June 2026.

What's the endgame? MBDA is working with Hydra to weaponise the platform. The modular HYDRA-400 carries payloads up to 400kg and can be used for tactical strikes, ship-to-ship transfer, last-mile logistics, and casualty evacuation.

What does the company do? Hydra builds a compact drone that fits in the back of a flatbed truck and assembles for flight in minutes. It runs fully electric or as a hybrid using two, four, or six jets.

MBDA frames its role as more than capital, saying it is sharing technical, engineering, commercial, legal, and finance expertise to help the startup navigate the defence market.

What they're saying: "Sustaining MBDA's investment in Hybrid Drones Limited is a clear vote of confidence in the way this partnership is developing," said Suzanne Jude, MBDA's senior vice president of sales and business development. "Our commitment goes far beyond just financial support."

The signal: The quick re-raise shows how established defence primes are backing smaller UK firms to bring novel uncrewed systems to market at speed.

Read more: ASDNews

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