The National Wealth Fund today announces a £25 million investment in British engineering company, Rowden, its first directly supporting defence, national security and resilience. The funding will support the creation of 100 jobs over the next 12 months and the expansion of facilities for the Bristol-based firm, which designs and builds sensing and information systems for customers including the UK MoD and emergency services. Strengthening sovereign and strategic capabilities is one of the National Wealth Fund’s core ambitions, investing in companies that build, scale and retain critical technologies within the UK, reinforcing domestic supply chains and long-term national resilience. The…
