Funding rounds, M&A and business moves across the drone and hightech industry
Canadian drone company ZenaTech has acquired another surveying firm, this time in Ohio, expanding its footprint to 12 US states as revenue jumps 640% year over year on the back of an aggressive acquisition strategy.
Skapion, founded in late 2025 by Brig. Gen. (res.) Pini Yungman, formerly of Rafael, has raised $36 million to build a counter-drone system that claims to take on entire swarms at once.
German drone maker Quantum Systems raised $1.2 billion in a Series D round that doubles its valuation to $8 billion, with aerospace giant Airbus among the investors. The funds will go toward expanding production lines in Germany, Ukraine, the US, the UK and NATO's eastern member states.
French sensor maker YellowScan and American drone manufacturer Freefly Systems have announced a partnership pairing airborne LiDAR sensors with heavy-lift drones, offering survey customers a pre-verified hardware package instead of DIY integration.
Irish drone company Manna has crossed 100,000 aerial deliveries in Dublin, secured an investment from Coca-Cola HBC, and launched its first U.S. trial in Texas, all while benefiting from a unified European regulatory framework that enables faster scaling than in the United States.
US-based Ondas Holdings has closed its roughly $15.2 million acquisition of Israeli drone company Airobotics, folding it into a division alongside American Robotics, with a joint pilot program planned with the Massachusetts Department of Transportation.
Industrial wireless communications company Ondas Holdings has announced the completion of its acquisition of American Robotics, the pioneering firm that won FAA approval to fly autonomous drones without a human operator on site. Shareholders approved the deal by an overwhelming margin of roughly 99.7 percent.
Drone delivery company Zipline has raised $250 million at a $2.75 billion valuation, expanding from medical deliveries in Africa to customers like Walmart and Toyota in wealthy markets.
Autonomous drone maker Skydio has announced a $170 million Series D round led by Andreessen Horowitz, pushing its valuation past $1 billion and total funding above $340 million.
American autonomous drone maker Skydio has closed a Series D round led by Andreessen Horowitz's growth fund, becoming one of the first U.S. drone startups to cross the billion-dollar valuation mark.
Drone software company DroneDeploy has raised $50 million in a Series E round, bringing its total funding to $142 million. The company's platform converts aerial imagery from any drone into maps and data analytics, without selling hardware of its own.
AgEagle Aerial Systems is acquiring sensor maker MicaSense from France's Parrot for roughly $23 million, part of an expansion strategy aimed at turning AgEagle into an end-to-end agricultural data platform.
