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Hoverfly Technologies secures $20 million in funding for tethered drones

Investing.com•Wednesday, October 8, 2025 at 3:17:41 PM
PositiveFinancial Markets
Hoverfly Technologies secures $20 million in funding for tethered drones
Hoverfly Technologies has successfully secured $20 million in funding to advance its tethered drone technology. This investment is significant as it will enable the company to enhance its product offerings and expand its market reach, potentially revolutionizing applications in surveillance, emergency response, and other sectors. The funding reflects growing confidence in the drone industry and highlights the increasing demand for innovative aerial solutions.
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