SA drone creater Praetorian Aeronautics launches capital raising at $100m-plus valuation

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An Adelaide-based creater of AI-powered autonomous aerial systems, whose technology is set to be deployed to Ukraine, has launched a Series A capital raising to expand its manufacturing capabilities.

Praetorian Aeronautics is seeking to raise more than $30 million from venture capital funds and family offices at a $100 million-plus pre-money valuation.

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