Anti-Shahed Drone Interceptor Maker Alta Ares Closes €50 Million Funding Round
Franco-Ukrainian counter-drone company Alta Ares has announced the close of a €50 million funding round led by Air Street Capital. The company specializes in interceptors targeting Shahed-type kamikaze drones and high-speed missile systems, and plans to scale production facilities in France and Ukraine while opening new offices in the Middle East and Asia.
Highlights
- Alta Ares, a Franco-Ukrainian counter-drone company, closed a €50 million funding round led by Air Street Capital.
- The company specializes in interceptors targeting Shahed-type Iranian kamikaze drones, which have been extensively used against Ukrainian infrastructure.
- Co-investors include Cherry Ventures, OTB Ventures, and Harpoon Ventures.
- Proceeds will fund production expansion in France and Ukraine, plus new regional offices in the Middle East and Asia.
- Alta Ares systems are already operationally deployed, confirming the company has reached combat-validated serial production status.
Anti-Shahed Drone Interceptor Maker Alta Ares Closes €50 Million Funding Round
Counter-drone technology company Alta Ares has announced the successful close of a €50 million funding round, reinforcing its position as a leading developer of systems designed to defeat Shahed-type kamikaze drones and high-speed ballistic threats.
Strong Investor Lineup
The round was led by AI-focused venture capital firm Air Street Capital, with participation from Cherry Ventures, OTB Ventures, and Harpoon Ventures — a group of well-regarded investors with strong track records in deep tech and defense technology.
Use of Proceeds: Scaling Production and Global Expansion
Alta Ares said the new capital will be deployed to expand manufacturing capacity at its existing facilities in France and Ukraine. The company also plans to establish new regional offices in the Middle East and Asia as it pursues broader international market penetration.
Background: Surging Demand for Counter-UAS Solutions
The Shahed series — Iranian-designed one-way attack drones (also known as loitering munitions) — have been deployed in large numbers during the Russia-Ukraine war, posing a sustained and serious threat to Ukrainian critical infrastructure. Their low unit cost and mass-deployment tactics have dramatically accelerated global demand for effective Counter-UAS (C-UAS) solutions, fueling rapid growth across the entire counter-drone sector.
Alta Ares operates in both France and Ukraine, and its systems have already been fielded operationally — indicating the company has moved well beyond the R&D stage into combat-validated, serial-production territory. This sizeable funding round reflects strong international investor confidence in counter-drone technology, and signals that the sector will continue to attract significant capital in the years ahead.
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