Bristol Defence Firm to Create 500 Jobs After Securing £25m Investment
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4 Articles
National Wealth Fund invests £25M in Rowden to deploy technology for national security and resilience
UK’s National Wealth Fund has invested £25 million in Bristol-based Rowden. The funding will support two new sites in the Southwest and West Midlands, while creating 100 jobs in the next year and 500 by 2032. Rowden is scaling exports of its UK-developed sensing, computing, and networking systems used by the British Army, emergency services, and overseas customers. The UK government is doubling down on homegrown defence technology with a £25 m…
Defence tech firm Rowden secures £25m from the National Wealth Fund
The National Wealth Fund has invested £25m in British engineering company Rowden Technologies, marking its first investment directly supporting defence, national security and resilience. The fund is the UK government’s policy bank, which deploys capital to drive investment into the UK’s clean energy and growth industries in support of government policy. The funding will support the creation of 100 jobs over the next 12 months and the expansion …
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