Advancing UK Aerospace, Defence, Security & Space Solutions Worldwide

Aerospace Security

DEA Aviation secures export finance package

Nottinghamshire based aerial data-acquisition company, DEA Aviation Limited, has secured Santander UK funding supported by UK Export Finance (UKEF).

Image courtesy DEA Aviation Ltd

DEA has now secured a second round of funding with the support of UK Export Finance (UKEF), the UK’s export credit agency, to sustain growth in its export and ISR business segments.

DEA is a fast-growing, technology-led provider of specialised aerial data-acquisition services in the ISR, search and rescue and aerial mapping sectors. It is frequently relied upon to provide security services of national importance, demanding class-leading safety and compliance processes.

Advertisement
Cranfield

In 2024, DEA flew ISR and search and rescue missions for its major European customers 24 hours a day, seven days a week, 365 days of the year. It provided real-time intelligence to support thousands of events that arose in their border and illegal-activity protection roles.

Since the initial investment, DEA’s workforce has grown by 10%. It now employs over 220 people worldwide, most of whom are highly-skilled engineers, pilots, sensor operators, systems architects and software developers operating from accredited facilities in Nottinghamshire.

Joanna Allen, CFO of the DEA Group, said: "This new funding package, enabled by UKEF, positions DEA to continue a strong growth trajectory in its export and ISR operations internationally as the worldwide demand continues to mount.

Advertisement
ADS S&P RT

"The funding recognises that DEA is a substantial exporter and will enable the company to continue to build upon the momentum that we have generated over the course of the past year."

Tim Reid, Chief Executive Officer of UKEF, said: "This announcement of our second Export Development Guarantee for DEA shows how we can develop longstanding relationships to help UK businesses scale up. UKEF’s support is already helping DEA to unlock its potential by creating new jobs and growing."

Liz Pickering, Relationship Director, Santander Corporate and Commercial, said: "We are pleased to have provided DEA Group with an additional lending package to support the Group’s expansion. The funding will help the business establish itself further as a major exporter of tech-led aerial data services. We look forward to continuing working with the DEA team and UKEF."

Advertisement
PTC PTC
Heathrow launches upgrade and expansion plan

Aerospace

Heathrow launches upgrade and expansion plan

12 February 2025

Following the UK Chancellor's backing of a third runway, Heathrow is launching its largest investment programme in the airport’s history to upgrade and expand through 100% private funding. 

Autonomous vehicles pass intense weather tests

Aerospace

Autonomous vehicles pass intense weather tests

12 February 2025

Aurrigo International plc has come up with new software to help airports overcome the challenge of operating autonomous vehicles in intense wet weather and snow.

Heathrow has busiest January on record

Aerospace

Heathrow has busiest January on record

12 February 2025

Last month was Heathrow’s busiest January on record, with over 6.3 million passengers travelling through the airport - up over 5% on the same time last year.

NATS outlines revolutionary path to drone integration

Aerospace

NATS outlines revolutionary path to drone integration

11 February 2025

NATS today announced the launch of its whitepaper 'Advancing Aviation through Integration of Drones in the UK’s Low-Level Airspace', highlighting how Project CAELUS demonstrates a successful path towards integrating traditional ATM with drone traffic by leveraging NATS Services’ new Concept of Operations (CONOPs).

Advertisement
ODU RT
Skyports and LODD unveil vertiport design for Abu Dhabi AAM network

Aerospace

Skyports and LODD unveil vertiport design for Abu Dhabi AAM network

11 February 2025

Skyports Infrastructure and Abu Dhabi based AI-powered drone tech and autonomous aerial logistics specialist LODD, have unveiled vertiport designs to be developed for the Abu Dhabi AAM network, across three strategic locations.

VIP-Fly services launched at Manchester Airport

Aerospace

VIP-Fly services launched at Manchester Airport

11 February 2025

Airport concierge specialist, VIP-Fly, is expanding its footprint in the UK with the launch of premium VIP meet and assist and concierge services at Manchester Airport.

Advertisement
ADS S&P RT