Backswing Ventures invests in Ukrainian counter-drone maker Vigilant Works

Nov 12, 2026
Vigilant Works builds autonomous interceptors; its Algiz-2, designed for over 600 km/h, is in battlefield testing. The amount was not disclosed.

Defense investor Backswing Ventures has invested in Vigilant Works, a Ukrainian company building autonomous counter-drone systems, according to a press release. The size of the investment was not disclosed.

Vigilant Works combines high-speed interceptor drones, its own autonomous guidance software and radar detection. Its first-generation Algiz-1 interceptor has been tested on the battlefield, and the next-generation Algiz-2, designed for speeds above 600 km/h, has recently entered active battlefield testing. The company says it has signed its first commercial agreements outside Ukraine.

The money will fund work on its autonomy stack and radar and preparations to scale production across NATO-allied countries. Vigilant Works is a member of Brave1, Ukraine's defense technology coordination platform. "Vigilant Works has the benefit of developing its technology in an environment where these capabilities are being tested against real operational requirements," said Kyle Asman, managing partner at Backswing Ventures.

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