Uplift360 Secures €7.4M to Develop Carbon Fibre Recycling for Drone Manufacturing
Uplift360, a startup specializing in carbon fibre recycling, has raised €7.4 million to commercialize its innovative method of repurposing composite waste. The funding, sourced from Extantia, NATO Innovation Fund, Promus Ventures, and Fund F, will support the establishment of a pilot production facility in Bristol. Uplift360's process extracts carbon fibre from old helicopter wings, enabling the production of new drone arms and other industrial applications while addressing challenges in waste disposal and material costs.
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Uplift360 has raised €7.4 million to commercialize a technology for recycling carbon fibre from composite waste, primarily from old equipment. This funding comes from Extantia, NATO Innovation Fund, and others, and will help establish a pilot facility in Bristol.
The startup's process removes adhesives from composite materials to produce high-quality carbon fibre suitable for applications in defense, automotive, and electronics. Uplift360 aims to expand its R&D to recover other valuable materials and intends to develop a larger commercial production facility in the future. The company focuses on addressing waste and material costs in the defense sector.
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