Droneup has filed a notice of an exempt offering of securities to raise $20,000,000.00 in New Debt Financing.
According to filings with the U.S. Securities and Exchange Commission, Droneup is raising $20,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Thomas Walker played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Droneup
DroneUp is recognized as a drone flight services innovation leader, transforming organizations with drone delivery and drone technology solutions. DroneUp develops SaaS platforms having patented mobile app technology available at the Apple App and Google Play Stores. With technology-driven customers, together they inspire the future of drone services, providing intelligent access to airspace, automation innovation, streamlined process management, operational efficiency, and a commitment to safety. Headquartered in Virginia Beach, Virginia, DroneUp was founded in 2016 by Tom Walker. DroneUp quickly moved from an American small business start-up to a global leader, receiving a significant investment from the #1 retailer in the world, Walmart, Inc. DroneUp, a privately held company, works with more than 20,000 drone pilots to serve its customer portfolio and is dedicated to connecting communities to drone technology globally.
To learn more about Droneup, visit http://www.droneup.com/
Contact:
Thomas Walker, Chief Executive Officer
757-337-2125
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