Hyperion Fund has taken a minority stake in the British electronic warfare company Antares Defence Systems. The fund has not disclosed either the transaction amount or the final ownership percentage acquired.
Antares develops radio frequency power amplifiers and microwave subsystems aimed at countering threats in hybrid conflict scenarios.
“Their structural growth has been driven by the proliferation of drones and the digitisation of the battlefield,” Hyperion said in a statement.
With this transaction, Hyperion reaches seven investments since its creation in 2024, during which it has raised €150 million for projects linked to the defense sector.
“In 14 months Hyperion has already invested more than half of the €150 million raised and has had to mobilise another €100 million in co-investments to carry out these operations in a short period of time and at very competitive valuations, becoming one of the reference funds in the consolidation of the European defence industry at a critical geostrategic moment,” the investment firm stated.
The entry into Antares also represents Hyperion’s first investment outside the European Union, with a view to extending its presence to other NATO member countries.
Until now, the fund had directed its capital towards companies linked to technologies such as rocket engines through Pangea Propulsión; low Earth orbit (LEO) satellites with Sateliot; ultra-precision machining through Gutmar; and aviation maintenance with Gestair, Brok-air, and ATS Aviation.
Hyperion’s entry into Antares’ shareholding coincides with the participation of the UK firm Operating Partners Group, specialised in “finding solutions to complex situations and generating significant value creation,” according to its website.
“Operating Partners Group and Hyperion Fund bring significant sector expertise and investment capability to support Antares Defence Systems through its next phase of growth. Both organisations are led by senior professionals with backgrounds in government, defence, and advanced technology, and specialise in strategic investments across the defence, cyber, and AI domains,” Antares said in a statement.
The company emphasised that the arrival of these two new partners will strengthen its technical and manufacturing capabilities, as well as accelerate the development of its “leading-edge” radio frequency subsystems for customers in the UK, Europe, and other international markets.
“We are delighted to welcome Operating Partners Group and Hyperion Fund to the Antares family. Their market insight and customer reach will further strengthen our presence across Europe and enable us to meet the growing demand for advanced electronic warfare systems,” said Antares CEO Bruce Fullerton
cloud technology axon
BerriUp has once again been recognized as one of Spain’s leading sta...
