Easy Aerial Secures $20 Million in Series B Funding for Global Expansion

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Dronedj.com
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Easy Aerial has successfully closed a $20 million Series B funding round aimed at enhancing its production capabilities and expanding its international operations. This funding will enable the US-based autonomous drone manufacturer to meet the increasing demand for defense-focused aerial intelligence systems, as governments worldwide ramp up spending on intelligence, surveillance, and reconnaissance (ISR) capabilities.

The significance of this funding lies in its potential to bolster Easy Aerial's manufacturing capacity and support international defense programs. With backing from Insight Partners, Entrée Capital, and private US investors, the investment reflects a strong confidence in autonomous technologies for military and critical infrastructure applications. CEO Shahar Abuhazira emphasized that this funding is a crucial milestone in executing the company's long-term growth strategy.

Looking ahead, Easy Aerial plans to scale its manufacturing and operational capabilities to address the growing demand for persistent aerial intelligence. The company is also expanding its production into Europe, positioning itself to serve a diverse range of defense, government, and commercial customers globally. No further timeline was disclosed at the time of publication.

Original report

Defense drone maker Easy Aerial raises $20 million for expansion

Dronedj.com · Ishveena Singh
Read at Dronedj.com

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