AdvertisementAdvertisementBusiness09 Jun 2026 02:32PM (Updated: 09 Jun 2026 02:34PM) Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInAdd CNA as a trusted source to help Google better understand and surface our content in search results.Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST PARIS, June 8 : Alta Ares, a French startup focusing on counter-drone technology, said on Tuesday it had raised €50 million in its second funding round, helped by surging demand for air defence systems to combat the mass-produced drones playing a decisive role in Russia's war in Ukraine.Alta Ares completed a €2 million funding round in May 2025 and the funds will be used to expand production, CEO Hadrien Canter told Reuters.• Alta Ares makes ammunition equipped with AI to intercept and destroy drones, missiles and glide bombs• Alta Ares aims to develop its activities in Poland, Germany and U.S.Show MoreShow Less• Alta Ares says its drone interceptors are already deployed in Ukraine, Middle East and Asia• European and U.S. venture capital firms participated in the raise, Alta Ares saysSource: ReutersNewsletterWeek in ReviewSubscribe to our Chief Editor’s Week in ReviewOur chief editor shares analysis and picks of the week's biggest news every Saturday.Sign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST