Volansi builds long-range delivery drones and serves enterprise and government customers, with a focus on medical-supply delivery. Its primary aircraft include the Voly C10, which can carry 10 pounds up to 50 miles, and the M20, which the company says has a 350-mile range and can reach speeds up to 75 MPH. The company has previously demonstrated long-range capability, including a 100-mile flight in 2017. Current clients include both enterprise customers and government departments, and the drones are used to traverse terrain difficult for ground transport. The company plans to use new funding to increase headcount, launch new projects, and advance existing initiatives in the U.S. and emerging markets. The recent financing also affects the company’s financial position, bringing total funding to around $75 million.

Total raised

$50M

Funding rounds

1

Latest round

Series B

Latest activity

Sep 2020