How to invest in the UK’s social impact REITs

What is AI slop and why should investors care?

Hybrid Air Vehicles (HAV) has secured its first military aircraft reservation, with an undisclosed defence contractor reserving three Airlander 10 aircraft. This marks the first breakthrough into HAV’s $3.7bn military pipeline, adding to existing civil reservations worth $2bn. Defence technology is rapidly evolving and the Airlander 10 presents operators with options for persistent surveillance (five-day endurance), elevated sensing (three-tonne payload) and drone warfare capabilities. With first deliveries targeted for 2029, military reservations should strengthen HAV’s position for raising the c £310m required for production and the type certification programme.

IP Group hosted a capital markets day on 26 June 2025, which included presentations on the group’s investment strategy, pipeline, major themes and portfolio companies.