Israeli drone delivery provider Flytrex has raised $7.5 million in a Series B investment round led by Benhamou Global Ventures. The new funding takes the total raised by Flytrex to $11 million and will be used to scale up operations and improve services. Flytrex began operations in Reykjavik, Iceland, in 2017 and is expanding operations to additional delivery locations across half the city. Flytrex’s delivery system uses a multicopter drone that flies autonomously beyond line of sight ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Flytrex Secures Investment To Expand Drone Deliveries".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.