Hoverfly technologies secures $20 million series b investment to accelerate growth and strengthen u.s. drone capabilities

The 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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