Funding rounds
Announced	Stage	Amount	Valuation	Lead investors	Other investors	Confidence
Oct 8, 2025	Series B	$20.0M	—	—	Korea Robot Manufacturing	Confirmed
Aug 29, 2025	Undisclosed	$25.3M	—	—	—	Confirmed
Apr 22, 2022	Debt	$3.9M	—	—	—	Confirmed
Aug 17, 2020	Undisclosed	$10.7M	—	—	—	Confirmed
Oct 26, 2018	Debt	$4.0M	—	—	—	Confirmed
Jan 13, 2017	Undisclosed	$3.7M	—	—	—	Confirmed
Oct 24, 2016	Seed	$2.0M	—	—	—	Confirmed

Series B
With Korea Robot Manufacturing
Confirmed
$20.0M
Oct 8, 2025
Undisclosed
Confirmed
$25.3M
Aug 29, 2025
Debt
Confirmed
$3.9M
Apr 22, 2022
Undisclosed
Confirmed
$10.7M
Aug 17, 2020
Debt
Confirmed
$4.0M
Oct 26, 2018
Undisclosed
Confirmed
$3.7M
Jan 13, 2017
Seed
Confirmed
$2.0M
Oct 24, 2016

Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.

Systems4

HIVE

Family of configured tethered-drone packages for surveillance and communications.

Maturity not rated

Hoverfly SDK

Software development kit for controlling Hoverfly aircraft and sensors and accessing telemetry.

Maturity not rated

SENTRY

Tethered uncrewed aircraft for elevated communications and surveillance.

Maturity not rated

SPECTRE

Tethered uncrewed aircraft for carrying communications and surveillance payloads.

Maturity not rated

Newest unveiled first. Open a system for its milestone timeline, components and sources.

Capabilities2

Capabilities
Technology	Role	Maturity	TRL	Notes	Confidence
ISR and targeting	Developer	—	—	classify_sectors run 37, haiku, taxonomy 2026-10-18b: Provides high-power drones for security, surveillance and defense, with defense named as a primary market.	Reported
Uncrewed systems	Developer	—	—	classify_sectors run 37, haiku, taxonomy 2026-10-18b: Provides high-power drones for security, surveillance and defense, with defense named as a primary market.	Reported

ISR and targeting
Developer
classify_sectors run 37, haiku, taxonomy 2026-10-18b: Provides high-power drones for security, surveillance and defense, with defense named as a primary market.
—Reported
Uncrewed systems
Developer
classify_sectors run 37, haiku, taxonomy 2026-10-18b: Provides high-power drones for security, surveillance and defense, with defense named as a primary market.
—Reported

Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.

People5

All 5 people →

People
Person	Role
Stacey Ducharme · LinkedIn ↗	Co-Founder, VP Marketing & Sales
Alfred Ducharme · LinkedIn ↗	Chief Technology Officer
Stephen Walters · LinkedIn ↗	President and COO
Stephen Walters · LinkedIn ↗	President and Chief Executive Officer
Steve Topping · LinkedIn ↗	Chief Operating Officer

Sources15

Show all 15 sources and supporting evidence

Profile4

1
CompanyHoverfly Technologies - The Future of Tethered Drones
Hoverfly Technologies · Supports Organization · description, Organization · name, Organization · website
“Hoverfly Is a Leading National Provider of High-Power Drones for Maximum Security, Surveillance & Defense.”
2
DatabaseSixth-Domain public startups directory
Sixth-Domain · Supports Organization · country, Organization · kind
“{"country": "USA", "hq_iso2": "US", "id": "cb307050-b061-41a2-a5a7-029813b421b6"}”
3
DatabaseHoverfly Technologies company profile
Octen Business Search · Supports Organization · hq region
“hq_region: Florida (profile: 800 Central Park Dr, Sanford, Florida 32771, US)”
4
DatabaseHoverfly Technologies - Owler company profile
Owler · Supports Organization · founded year, Organization · hq city, Organization · linkedin url, Organization · x url
“founded_year: 2010”

Systems3

5
CompanyHoverfly HIVE Tethered Drone Solution - Hoverfly Technologies
Hoverfly Technologies · Supports System
“Hoverfly | ISR VHA EW (HIVE) is our innovative new suite of turnkey solutions, built around Hoverfly TeUAS, designed to simplify procurement and effectively address mission needs.”
6
CompanySentry - Hoverfly Technologies
Hoverfly Technologies · Supports System
“With a legacy of fielding and success by our armed forces, SENTRY sets the benchmark for tethered drone technology. It is the VHA of choice, meets IP54 and MIL-STD-810 standards, and redefines mission success across defense and security operations.”
7
CompanySpectre - Hoverfly Technologies
Hoverfly Technologies · Supports System
“Purpose-built for radios and engineered for versatility, SPECTRE is the most advanced tethered drone available today. Augment and elevate your mission with greater payload capacity, multi-payload capabilities, AI-integrations, and persistent network extension.”

Funding7

8
CompanyHoverfly Technologies Secures $20 Million Series B Investment
PR Newswire · Oct 8, 2025 · Supports Funding round · amount, Organization · ownership
“successful close of its $20 million Series B funding round, led by existing investor Leonardo DRS”
9
Regulatory filingHoverfly Technologies, Inc. - SEC Form D
SEC EDGAR · Aug 29, 2025 · Supports Funding round · amount
“<totalAmountSold>25275546</totalAmountSold>”
10
Regulatory filingHoverfly Technologies, Inc. - SEC Form D
SEC EDGAR · Apr 22, 2022 · Supports Funding round · amount
“<totalAmountSold>3930000</totalAmountSold>”
11
Regulatory filingHoverfly Technologies, Inc. - SEC Form D
SEC EDGAR · Aug 17, 2020 · Supports Funding round · amount
“<totalAmountSold>10692157</totalAmountSold>”
12
Regulatory filingHoverfly Technologies, Inc. - SEC Form D
SEC EDGAR · Oct 26, 2018 · Supports Funding round · amount
“<totalAmountSold>3998784</totalAmountSold>”
13
Regulatory filingHoverfly Technologies, Inc. - SEC Form D
SEC EDGAR · Jan 13, 2017 · Supports Funding round · amount
“<totalAmountSold>3669217</totalAmountSold>”
14
Regulatory filingHoverfly Technologies, Inc. - SEC Form D
SEC EDGAR · Oct 24, 2016 · Supports Funding round · amount
“<totalAmountSold>2000000</totalAmountSold>”

People1

15
DatabaseHoverfly Technologies - Crunchbase company profile
Crunchbase · Supports Organization · employee range, Organization · hq city, Organization · linkedin url, Organization · x url, Role
“employee_range: 51-200 (profile: 51-100)”

Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.