Hoverfly Technologies raises $20 million in Series B funding round
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Hoverfly Technologies Secures $20 Million Series B Investment to Accelerate Growth and Strengthen U.S. Drone Capabilities
October 8, 2025 11:06 AM EDTThe investment comes from existing production partner and leading defense technology company Leonardo DRS and new investor Korea Robot Manufacturing (KRM)
SANFORD, Fla., Oct. 8, 2025 /PRNewswire/ -- 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 Manufacturing (KRM).
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