Beyond Vision Reports €28 Million Series A to Expand Drone Production
AeroTime reports that the Portuguese drone maker plans to enlarge its Alverca facility and increase monthly output.
FlyMarshall Newsroom1 min read
Beyond Vision has closed a Series A funding round reported at €28 million, according to AeroTime. The Portuguese company develops drones and control systems for remote operation and coordinated use.
Key details
- AeroTime named Lisbon-based Índico Capital Partners and Lince Capital as lead investors, with existing shareholder ActiveCap also participating. - The company plans to double the size of its Alverca do Ribatejo facility and reach production of 500–800 drones per month. - Beyond Vision plans further development of its beXStream cloud-based remote-control platform and swarm-coordination technology.
Beyond Vision plans to raise production capacity to 500–800 drones per month.
Why it matters
The planned production expansion would increase the company’s capacity to manufacture drones in Portugal. AeroTime also reports that Beyond Vision aims to grow its presence in the United States, where local companies have shown interest in its emergency-response drones.
What happens next
Beyond Vision plans to expand its Alverca facility and develop beXStream and its swarm-coordination technology. AeroTime gave no timeline for those plans.
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