Hoverfly Technologies, the leading provider of tethered drone systems for defense and security, is proud to announce the successful close of its $20 million Series B funding round, led by existing investor Leonardo DRS (DRS) and new partner Korea Robot … Continue reading America – Hoverfly Technologies receives $20 Million Series B Investment to Accelerate Growth.
The round was led by Icon Ventures and included all our existing investors, including LightSpeed Ventures, Y Combinator, and One Planet, and saw the addition of new investors, including Harpoon Ventures and Graphene Ventures. Icon Ventures is a Palo Alto and … Continue reading Volansi raises $50 million funding after closing its Series B round of financing.
U.S. Navy photo by Bobby Cummings SOURCE Defense One/Patrick Tucker: The U.S. Navy has a $20-billion rust problem. Corrosion can hinder or even disable ships and aircraft at sea. But monitoring rust is expensive — $3 billion a year — and time-intensive … Continue reading US Navy Turns to Drones, AI to Monitor Rust on Ships and Aircrafts while at sea.
