
Greenjets
UK SME awarded LCADE funding to develop a low-cost drone interceptor.
Greenjets raised £30m on 21 July 2026 for electric aircraft engines, backed by Blossom Capital and NATO's Innovation Fund, eight days after becoming one of three UK firms awarded LCADE funding to develop a low-cost drone interceptor.
Last refreshed: 31 July 2026 · Appears in 2 active topics
Timeline for Greenjets
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UK Startups and Innovation: Greenjets raises £30m in its 21st yearWon a share of Britain's £3.16m LCADE award
Drones: Industry & Defence: Britain awards first LEAP effector moneyBackground
Greenjets is a Bedford-based firm that has worked on electric propulsion for 21 years, applying that expertise to both civil electric aircraft engines and, more recently, low-cost drone-defence hardware. Its chief executive is Anmol Manohar.
Greenjets' entry into LCADE, the Ministry of Defence's low-cost interceptor funding line run out of its National Armaments Director Group, places a long-established propulsion specialist at the centre of Britain's push to field cheap counter-drone technology quickly rather than relying solely on established defence primes.
Greenjets raised £30m in its 21st year
Bedford company Greenjets raised £30m on 21 July 2026 for electric aircraft engines, backed by Blossom Capital, NATO's Innovation Fund, and the UK government's own defence-tech investment arm . The firm has worked on electric propulsion for 21 years.
Investors from a military alliance and the state backing the round see quiet, battery-powered engines as useful for defence applications, not only as a route to cheaper commercial flights, a dual-use framing that matches Greenjets' parallel work on drone-defence hardware.
Greenjets won first LEAP effector money
Chief executive Anmol Manohar confirmed on 13 July 2026 that Greenjets had won a share of the £3.16m LCADE award, alongside fellow recipients Frankenberg Technologies and Cambridge Aerospace . He called the funding proof of the role British businesses can play in strengthening national defence capability quickly.
For a firm that has spent 21 years on civil propulsion, the award marks a pivot into defence hardware: it puts Greenjets in Britain's first wave of contracts under the programme, ahead of France, Germany, Italy and Poland, with its own interceptor demonstration due later in 2026.