France-based Alta Ares, which is building AI-powered air defense systems to counter drones and missiles, raised a €50M Series A led by Air Street Capital (Daphné Leprince-Ringuet/Sifted)

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Alta Ares raised a €50M Series A to build AI-powered air defense systems for intercepting drones and missiles.

Categories: Money & Moves

Excerpt

<a href="https://sifted.eu/articles/alta-ares-defence-tech-50m-round/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260609/i9.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260609/p9#a260609p9" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Daphn&eacute; Leprince-Ringuet / <a href="https://sifted.eu/">Sifted</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://sifted.eu/articles/alta-ares-defence-tech-50m-round/">France-based Alta Ares, which is building AI-powered air defense systems to counter drones and missiles, raised a &euro;50M Series A led by Air Street Capital</a></b></span>&nbsp; &mdash;&nbsp; Alta Ares builds interceptors which it says are currently deployed in several active combat zones</p>