Cambridge Aerospace , a British defense technology startup developing interceptor systems to protect against drones and cruise missiles, is in discussions to raise approximately $300 million at a valuation of around $3.5 billion, according to people familiar with the matter. Venture firm DFJ Growth is in talks to lead the round, the people said, asking not to be identified because the information ...
Cambridge Aerospace , a British defense technology startup developing interceptor systems to protect against drones and cruise missiles, is in discussions to raise approximately $300 million at a valuation of around $3.5 billion, according to people familiar with the matter. Venture firm DFJ Growth is in talks to lead the round, the people said, asking not to be identified because the information isn’t public. The fundraising is not finalized and the amount could still change, they added. A spokesperson for Cambridge Aerospace declined to comment. DFJ Growth didn’t respond to requests for comment. The financing would mark a dramatic acceleration for a company that Bloomberg reported last year raised funds at a $400 million valuation before debuting any products. Founded in late 2024 by aerospace engineer and University of Cambridge professor Steven Barrett, Cambridge Aerospace has become one of Europe’s most valuable defense startups and attracted backing from venture capital firms including Accel, Lakestar , Lux Capital and Spark Capital . Read More: UK Startup With Iron Dome-Like Tech Eyes $400 Million Valuation The proliferation of cheap drones on the battlefield in recent years has led to a boom in low-cost interceptors that can shoot unmanned aircraft down at a fraction of the cost of traditional air-defense missiles, which can run millions of dollars each. Such interceptors have been widely used in Ukraine following Russia’s full-scale invasion, and interest in them soared during the US-Israel war with Iran as Tehran targeted military and civilian infrastructure in the Middle East with cheap missiles. Cambridge Aerospace is developing two interceptor drones, the Skyhammer and the Starhammer. The Skyhammer, which has been in testing since early 2025 and is entering early-stage production, is tube-launched with a range of as much as 30 kilometers and a top speed of 700 kilometers per hour. The Starhammer is rocket-powered and designed to target higher-speed miss...
The European Commission has declared its trade and economic relationship with China “unsustainable”, pointing to a daily trade deficit of €1 billion (US$1.16 billion) and Chinese manufacturing overcapacity that puts millions of jobs across various sectors at risk. However, a clear-eyed analysis reveals this premise to be entirely flawed. The narrative spun by Brussels is a desperate attempt to wea...
The European Commission has declared its trade and economic relationship with China “unsustainable”, pointing to a daily trade deficit of €1 billion (US$1.16 billion) and Chinese manufacturing overcapacity that puts millions of jobs across various sectors at risk. However, a clear-eyed analysis reveals this premise to be entirely flawed. The narrative spun by Brussels is a desperate attempt to weaponise trade policy to mask structural, self-inflicted failures. To understand the absurdity of the...
dem10/iStock via Getty Images Summer has started, and the crypto winter just got even colder. In eight months, Bitcoin is down 50% from its all time high of $126,200 in October 2025, but here's why I love it: I'm still buying one Bitcoin via the NEOS Bitcoin High Income ETF ( BTCI ). I currently own 34% of a Bitcoin via BTCI across several investment accounts. Since a majority of my purchases rema...
dem10/iStock via Getty Images Summer has started, and the crypto winter just got even colder. In eight months, Bitcoin is down 50% from its all time high of $126,200 in October 2025, but here's why I love it: I'm still buying one Bitcoin via the NEOS Bitcoin High Income ETF ( BTCI ). I currently own 34% of a Bitcoin via BTCI across several investment accounts. Since a majority of my purchases remain, I believe dollar-cost averaging into BTCI will allow me to create a significant long-term gain while managing risk by converting Bitcoin's volatility into monthly income. BTCI generates high, tax-efficient monthly income using covered calls on Bitcoin ETPs/futures, while capturing a portion of the potential price appreciation by holding Bitcoin itself via the ETFs iShares Bitcoin Trust ETF ( IBIT ) and VanEck Bitcoin ETF ( HODL ). I encourage readers not familiar with the mechanics of the NEOS funds to read my articles on NEOS S&P 500(R) High Income ETF ( SPYI ) or NEOS NASDAQ-100(R) High Income ETF ( QQQI ), which explain in detail how these funds are managed. BTCI operates the same as these ETFs but targets a distribution yield of 24-30% with a 0.99% management fee. BTCI vs. Bitcoin All-time Highs to June 2026 (Seeking Alpha) The fundamental reason I hold BTCI over pure Bitcoin and other Bitcoin/crypto options ETFs is twofold. I'm a dividend growth and income investor building financial independence with a portfolio of passive income to offset every single one of my bills, one bill at a time. Therefore, pure Bitcoin has no use in my portfolio unless I sell it. The only way to extract income from Bitcoin is via an options overlay strategy. While I could get higher yields or a slightly different strategy from competing funds, I trust and have had great success with my NEOS holdings. In my last article on BTCI in December 2025, Bitcoin had just corrected 30% from its all-time high, and I saw it as a great buying opportunity. So, I purchased hundreds of shares on top of m...
Christine Lagarde, president of the European Central Bank, speaks during the National Association of Business Economics (NABE) economic policy conference in Washington, DC, US, on Monday, Feb. 23, 2026. Graeme Sloan | Bloomberg | Getty Images The European Central Bank is expected to hike interest rates on Thursday, as policymakers address the threat of second-round inflation effects amid elevated ...
Christine Lagarde, president of the European Central Bank, speaks during the National Association of Business Economics (NABE) economic policy conference in Washington, DC, US, on Monday, Feb. 23, 2026. Graeme Sloan | Bloomberg | Getty Images The European Central Bank is expected to hike interest rates on Thursday, as policymakers address the threat of second-round inflation effects amid elevated energy prices. Unlike the Fed, the ECB has a single mandate — keeping inflation close to a target of 2% — and recent data shows an uptick in both its headline and core readings. Headline euro zone inflation rose to 3.2% in April as energy prices soared 10.9% year-on-year. The euro zone is a major energy importer and the bloc is particularly vulnerable to the surge in oil prices sparked by the Iran war. But core inflation also rose to 2.5% in April, primarily driven by higher services costs. That's a major concern for the ECB as this could be the first signs of second-round effects. The ECB is also concerned that tighter monetary policy could push the euro zone from feeble growth to outright recession. Nevertheless, the bank's Governing Council is expected to hike its key deposit rate by 25 basis points to 2.25%. How many ECB rate hikes is the market pricing in? Market watchers will also be keeping a close eye on the ECB's projections for inflation and economic growth. The market is pricing in three rate hikes for the rest of the year. "Compared with March, we expect ECB staff to mark down the growth projections for 2026-27 and raise both headline and core inflation projections, reflecting a more persistent energy shock and stronger indirect effects into prices," Sven Jari Stehn, chief European economist at Goldman Sachs, wrote in a note at the end of May. watch now VIDEO 4:40 04:40 Two ECB rate hikes priced in over coming months, says BNP Paribas Squawk Box Europe "Our energy price index—the average of oil and gas—is up about 12% through the projection horizon since the Mar...