Drone Aviation Corp., a subsidiary of COMSovereign Holding Corp. (Nasdaq: COMS), specializes in developing and manufacturing compact and rapidly deployable aerial platforms, such as aerostats and electric-powered drones. These platforms are designed to enhance surveillance and communication capabilities, particularly for government and commercial customers. The company's proprietary tether system allows for prolonged operational duration and improved reliability, catering to critical requirements in military, law enforcement, and commercial and industrial applications. Since its founding in 2009, Drone Aviation Corp. has established itself in the Drones, Manufacturing, and Mobile industries, with its headquarters located in the United States. Notably, the company received a $3.73M Post-IPO Equity investment on 24 November 2015. This investment signifies a significant backing for the company's innovative technology and its potential to continue disrupting and advancing the aerial platforms market.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Post-IPO Equity | $3.73M | - | 24 Nov 2015 | |
Post-IPO Equity | $1.00M | 1 | Frost Gamma Investments Trust | 03 Jun 2015 |
Post-IPO Equity | $825.25K | - | 27 Aug 2014 | |
Post-IPO Equity | $650.00K | - | 02 May 2014 | |
Post-IPO Debt | $975.00K | - | 08 Apr 2011 |
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