Orlando, FL – According to filings with the U.S. Securities and Exchange Commission, Hoverfly Technologies is raising $17,692,157.00 in new funding. Sources indicate as part of senior management Chairman and Chief Executive Officer, Robert Topping 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 Hoverfly Technologies

Hoverfly Technologies designs and manufactures tether-powered aerial drones and third-party power tether kits for customers who need unlimited aerial surveillance, intelligence, reconnaissance (ISR) capability.  Hoverfly’s range of sensors and payloads provide actionable intelligence and high-bandwidth communications.  Unlike battery-powered drones that have 20-40-minute flight times, Hoverfly’s products can fly for hours, days and weeks to enhance the overall public safety and security operating picture.

To learn more about Hoverfly Technologies, visit http://hoverflytech.com/

Contact:
Robert Topping, Chairman and Chief Executive Officer
407-985-4500
rob@hoverflytech.com
https://www.linkedin.com/in/rob-topping-47646aa6/

SOURCE: http://www.intelligence360.io
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