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Startups / General

Nigerian Startup Bets Big on Drones

Source: bloombergMarkets June 5, 2026 · 22:00
As drone attacks become increasingly common across the Sahel, Nigerian startup Terra Industries is expanding into Ghana and scaling production of drone and counter-drone systems. Backed by $34 million from investors including Palantir co-founder Joe Lonsdale and Lux Capital, the company aims to produce tens of thousands of systems over the coming years as governments across the region bolster their defenses. (Source: Bloomberg)
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