The verified answer
As of Sep 2026, DEPLOY verifies Hoverfly Technologies: 1 model, 2 deployments across 2 regions, $20.0M raised. 1 source back the record.
CategoryDrones
Appears inMilitary & defense drones
Overview
Leading U.S. provider of tethered drone systems for defense and security. Based in Sanford, Florida. Flagship platforms: Spectre (first and only tethered UAS on DIU Blue List, NDAA-compliant, Green UAS certified) and Sentry.
Over 800 tethered drones sold to U.S. and allied defense customers. Strategic partnership with Leonardo DRS (lead investor) and KRM for component manufacturing. USD 20M Series B in Oct 2025 led by Leonardo DRS and KRM.
Verified record
- Verified deployments
- 2 deployments on file
- Active incidents
- None on file
Valuation of record
DEPLOY VERIFIEDPriced roundSeries B post-money
Key facts
Fundingsee investors →
Certification
Data & sources
Web sources
1
1 source backing this record.View all →
Models (1)
View all models →Hoverfly Technologies on the deployment map
View the global map2 verified deployments across 2 regions, newest verified Jan 2022. Explore where Hoverfly Technologies's robots are operating, by place and type.
View the full Hoverfly Technologies deployment record →
Relationships
Current leadership (1)
- Steve Walters President & CEOsecondary-verified
Safety record
No incidents on record for Hoverfly Technologies.
Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.
Full safety record: incidents, sourcing, and exposure data →
Operator customers (1)
- Hoverfly Technologies2 deployments
Recent coverage
Hoverfly Technologies in third-party press
Peers
99 peers across 1 segment. Every Hoverfly Technologies competitor derived from shared form-factor and application-domain edges.
drone(99)
57 companies in this segment · moderately_concentrated (HHI 1809.2177305910177) · leader Anduril Industries at 3057%
- AEVEX Aerospacedirect competitor(inferred)moderate
- ATL Global Holding AGdirect competitor(inferred)moderate
- Aereodirect competitor(inferred)moderate
- AeroVironmentdirect competitor(inferred)moderate
- AgXeeddirect competitor(inferred)moderate
- AirForestrydirect competitor(inferred)moderate
Financial state
- Total funding
- $20.0M
- Employees
- 60
- Reporting basis
- aggregator_estimate
- Lifecycle stage
- growth
- Counterparty risk class
- unknown
Each numeric field carries its own basis marker. Aggregators report a number; this surface preserves the source class so verification depth travels with the value.
Funding rounds (1)
- Series B2025-10-08
$20M(reported) · $160M post
Timeline
Every recorded move in Hoverfly Technologies’s history, most recent first: funding rounds, partnerships, acquisitions, supply-chain starts, key hires, and press.
Funding roundSeries B funding round
2025-10-08Series B raising $20000000
Recent activity
Every change to this record is dated, sourced, and independently verified where marked.
- Record createdAug 8, 2026
Added to the verified registry
- Deployment verifiedVerifiedJan 1, 2022
Hoverfly Spectre Tethered UAS at United States (US-Mexico border security)
- Deployment verifiedVerifiedJan 1, 2020
Hoverfly Spectre Tethered UAS at United States
Sources (1)
Common questions
What is Hoverfly Technologies?
What does Hoverfly Technologies make?
Is Hoverfly Technologies publicly traded?
Who competes with Hoverfly Technologies?
Who is the CEO of Hoverfly Technologies?
How can I invest in Hoverfly Technologies?
Where is Hoverfly Technologies headquartered?
How much funding has Hoverfly Technologies raised?
Who owns Hoverfly Technologies?
Where does Hoverfly Technologies operate robots?
How many robots has Hoverfly Technologies deployed?
Is Hoverfly Technologies a top robotics company?
Is Hoverfly Technologies safe?
Methodology: Verified · 1 source (no primary) · last reviewed 2026-08-21
Verification posture
Verified
Low confidence
Review state
Stable
Last reviewed 2026-08-21
Sources by quality tier
- 1
- unclassified
- Unclassified source
The framework is documented at /methodology. Corrections at /corrections. Reviewer: DEPLOY editorial team.
Methodology surface for Hoverfly Technologies.Peer companies
- Amazon25 models
- Anduril Industries7 models
- DJI7 models
- Autel Robotics4 models
- Baykar4 models
- Earendil Robotics4 models
In the press
Recent coverage mentioning Hoverfly Technologies from third-party publications. Automatically surfaced; not part of the verified registry record.
Machine-readable surfaces
- Markdown mirror: /companies/hoverfly-technologies.md
- RSS feed: /companies/hoverfly-technologies/feed.xml
- JSON-LD: embedded in this page’s head
- REST API: /v1/companies/dec22db7-6f39-4393-b259-96e8ce908962
- Revision history: /companies/hoverfly-technologies/history
- Data documentation: /data
- Query this programmatically: Deploy MCP
Peer companies
- Amazon25 models
- Anduril Industries7 models
- DJI7 models
- Autel Robotics4 models
- Baykar4 models
- Earendil Robotics4 models
Video
Rob Topping, CEO of Hoverfly Technology, discusses the company's LiveSky Tethered Drone at the Association of the United States Army’s 2021 conference and trade
Extend and enhance communication on the battlefield with Hoverfly VHA - the most advanced and on-demand means of network communication across the ITN. Visit ou
Spectre 1.0 with NextVision Raptor is the perfect tethered platform for persistent situational awareness and target tracking. Hoverfly remains the U.S. Army's #
Drones + ground robots working together? That’s what Hoverfly Technologies and Overland AI are building a system combining tethered drones and autonomous vehi
The world's leading tethered drone company, Hoverfly is paving the way for intuitive and rapid drone support for reconnaissance and communication missions. With
Hoverfly Technologies is revolutionizing the government and commercial markets with mobile, persistent and ruggedized tethered drones. By connecting their drone
There is a crisis at our border. We're offering a solution for our security agencies to take control and seek a more innovative approach to crowd management, su
Hoverfly Technologies, the global leader in tethered drone technology, is ready to unveil its new innovative solution for technology ecosystems. 11.11.2024
Ever wonder how filmmakers get that winning aerial shot of an erupting volcano or of an eagle snatching up its prey? That’s where Hoverfly Technologies steps in
Visit our website to learn more about our tethered drone solutions. https://hoverflytech.com/tethered-drones-uas/
Visit our website to learn more about our tethered drones. https://hoverflytech.com/tethered-drones-uas/
Visit our website to learn more about our tethered drone solutions. https://hoverflytech.com/tethered-drones-uas/
Heat Index
Category contender75/100
A composite of competitive footprint, funding, press velocity, active partnerships, and supply-chain edges. Different from the Intelligence score below (which is per-form-factor productization). Non-robotics companies cap at 25.
Reality vs attention
Hoverfly Technologies draws attention at the 13th percentile but verifies reality at the 34th percentile among aerial robots. Hype Gap -21.2, 103rd widest among aerial robots.
6-month trend
Analysis
Clean safety record across 2 verified deployments. Funded with institutional backing on record. Deployment footprint remains limited relative to category peers.
Signal flags
Dimension breakdown
Verified signal
Attention (reach, not merit)
DEPLOY Intelligence scores are computed from verified registry data: confirmed deployments, disclosed funding rounds, regulatory filings, active job listings, video viewership, and press coverage. Confidence ratings reflect data availability. Scores update nightly.
DEPLOY Indices — verified vs claimed
Last computed: Sep 22, 2026