Greenjets Sets Course to Become the UK's Next Aerospace Prime

Greenjets Sets Course to Become the UK's Next Aerospace Prime  

• British propulsion and aerospace technology company raises $40 million Series A  

• Round led by Blossom Capital, a UK-based venture capital firm backing European category-defining technology companies, 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  

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Greenjets, the British aerospace technology company developing propulsion systems, aircraft platforms and launch technologies for the next generation of aviation, today announces a $40 million Series A funding round led by Blossom Capital, Europe’s leading Series A venture capital firm, 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 marks a major milestone as Greenjets accelerates 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 the foundational technologies that will shape the future of aviation. 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. This integrated approach underpins the company’s ambition to become the UK’s next aerospace prime. 

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‍The most demanding proving ground:

Recent conflicts have demonstrated how rapidly aviation is changing, and how urgently Europe needs affordable technologies that can protect people, critical infrastructure and national resilience. Greenjets’ technologies are helping address that challenge, applying the same advances in propulsion, aircraft integration and manufacturing that underpin a wider aerospace portfolio. The company is under contract across multiple UK and international programmes, with technologies progressing towards demonstration trials with the UK MOD 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.

The widespread use of low-cost one-way attack drones has fundamentally changed the economics of air defence. Recognising this, the UK Defence Investment Plan commits more than £750 million to short-range counter-drone protection, and more than £5 billion to drones and autonomous systems, all areas where Greenjets’ technologies are directly applicable. Meeting this challenge requires integrated, mission-ready hardware that performs across every dimension that matters: speed, low noise, efficiency, reduced thermal signature and sovereign supply chains. 

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. 

Headquartered in the UK but with operations in Germany, Greenjets is expanding its presence across India, the Middle East and the United States as demand for sovereign aerospace technologies continues to grow. 

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Co-Founders of Greenjets, Anmol Manohar, CEO, and Guido Monterzino, CTO, commented:

When we founded Greenjets, our ambition was to develop the technologies that would shape the future of aviation. The conflict in Ukraine has reinforced just how important those same technologies are in protecting lives, strengthening Europe’s resilience and enabling the future of flight. We believe building affordable defensive capability is a necessary response to today’s realities, and a natural extension of our mission to advance aviation.

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Maxim Frenkel, Partner at Blossom Capital, commented:  

Greenjets gives aircraft builders what no legacy architecture can: speed, silence, range and instant response, tuned to whatever the mission demands. That is why their propulsion is being designed into platforms across the full spectrum of autonomous flight. Anmol, Guido and the team stand out for a relentless focus on delivery and customer satisfaction.

Patrick Schneider-Sikorsky, Partner at NIF, commented:  

The speed at which the defence and security drone industry is evolving means that propulsion is the constraint that determines whether an interceptor can close the gap on a 500 km/h target or vice versa. Greenjets is addressing this at the engine and airframe level, meaningfully improving the performance of UAS and CUAS companies, without them having to solve propulsion independently. This is exactly the kind of Allied supply-chain technology we were set up to back.

Edmund Phillips, Investment Partner NSSIF, commented:  

NSSIF is proud to be part of Greenjets future. The company presents a special combination of a deep technological moat and roadmap of high value applications in defence and civil use cases over the long term, with a platform for mass production and rapid iteration that addresses acute defence needs in the present. Greenjets is already making a material contribution to the UK's security and prosperity, and this is set to scale massively.

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About Greenjets  

Greenjets is a British aerospace technology company developing the propulsion systems, aircraft platforms and launch technologies that will shape the next generation of aviation. Designed, developed and built in the UK, Greenjets is strengthening national aerospace capability while laying the foundations for aviation that serve more people, more places and more purposes. 

The company has developed proprietary propulsion architectures spanning electric ducted fans through to geared turbofan engines. Combined with advanced aircraft integration and low-cost manufacturing, these technologies enable aircraft that are quieter, faster, more efficient and better suited to the demands of modern aerospace. 

One proprietary technology stack underpins Greenjets’ propulsion systems, aircraft platforms and launch technologies, enabling rapid development, production at scale and deployment across a broad range of aerospace applications. The company's programmes span NATO, UK MOD, and German MoD customers.  

Greenjets is led by co-founders Anmol Manohar (CEO) and Dr Guido Monterzino (CTO), with a team carrying experience from Rolls-Royce, General Electric, BAE Systems, RTX, Lilium, Cosworth, and Formula 1. The Company operates from the UK and Germany, with a growing presence across India, the Middle East and the United States.  

About Blossom Capital

Blossom Capital is Europe’s leading Series A VC firm, with $1.5bn AUM, renowned for its high-conviction strategy. Blossom brings relentless belief and powerful support to Europe's most audacious founders. Blossom leverages local roots with global connections to deliver an undeniable advantage for founders. Our breakout unicorns include Checkout, Moonpay, Pigment, Tines & Harmonic.

For more information, visit  https://www.greenjets.com/ 

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