FRANKFURT, Feb 13 (Reuters) - Stark Defence took on new funding from investors a few weeks ago, increasing the overall value of the German startup firm and drone maker to more than 1 billion euros ($1.2 billion), Manager Magazin reported on Friday.
Without specifying its sources, the magazine said Peter Thiel's Founders Fund contributed a "double-digit" million euro amount, while European investors also took part in the funding round.
Stark did not immediately respond to a request for comment. Manager Magazin said the company declined to comment.
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Documents seen by Reuters showed on Tuesday that the German government plans to order strike drones worth 536 million euros from Stark and from Helsing, another German defence contractor.
($1 = 0.8434 euros)
(Reporting by Ludwig Burger, editing by Thomas Seythal)
