Improbable sells defence business to group of investors led by NOIA Capital

June 05, 2023

New investment aimed at growing defence business and developing new business verticals. London and Brussels – 5 June 2023Improbable and a group of investors led by NOIA Capital have agreed the terms of a spin-out of Improbable’s defence and national security business. Nick Blair, incoming Chairman, declared: “ Improbable Defence has developed a unique product thanks to years of development and dedication from a world-class team. Whilst we continue to support the vital mission of national security, we look forward to working together to expand the business into new verticals and new geographies. About Improbable DefenceImprobable Defence works to transform the national security of our nations and their allies in the face of increasing global competition and evolving threats.

The source of this news is from Improbable