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The latest Drones news and analysis from Tech Arcade.
Portugal's Tekever just raised $580 million at a $6.4 billion valuation, co-led by the University of California's endowment, on the strength of 50,000 flight hours over Ukraine.
Portuguese-British drone maker Tekever raised $580M at a $6.4B valuation — roughly 5x its price from 16 months ago, on 50,000+ flight hours over Ukraine.
Munich drone maker Quantum Systems closed a $1.2B Series D at an ~$8B valuation, doubling in eight months — with Blackstone, Airbus and Advent leading and 19,000+ Ukraine flights on the resume.
