Photo: SpearUAV
SpearUAV has completed a funding round led by Deep Insight venture fund, with participation from existing and new private investors. The investment will support the establishment of a new production facility in Israel and contribute to future expansion efforts in...
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SpearUAV has completed a funding round led by Deep Insight venture fund, with participation from existing and new private investors. The investment will support the establishment of a new production facility in Israel and contribute to future expansion efforts in the United States, including plans for a dedicated production site.
The company has been expanding its operations following recent defence contracts and increasing global demand.
"SpearUAV has demonstrated an exceptional ability to address evolving operational needs with its cutting-edge technology," said Dr. Eyal Kishon, Chairman of Deep Insight "At Deep Insight, we specialize in elevating technology companies, and we recognize that SpearUAV possesses a unique combination of foundational capabilities, innovative technologies, and a disruptive market approach that sets it apart from existing solutions. We are excited to support SpearUAV’s continued innovation and global expansion and confident that our partnership will produce significant success in the defense sector."
SpearUAV CEO Yiftach Kleinman noted that the company has experienced rapid growth, driven by demand for its VIPER family of loitering weapon systems used with combat vehicles, infantry forces, submarines, and naval vessels.
"Since the company was founded by Gadi Kuperman, Spear has attracted interest from high-profile private investors and strategic investors. The current investment round, led by Deep Insight, a sophisticated venture fund, which is led by highly experienced leadership, reflects the confidence of our partners in our technology and vision," he said. "Expanding our production capabilities in Israel is a critical step to meeting global demand, and we are also laying the groundwork for future operations in the U.S. to further strengthen our international presence and partnerships. We are proud to be part of Deep Insight’s portfolio."
SpearUAV develops encapsulated unmanned aerial systems (UAS) for use across air, sea, and land domains. Its VIPER systems incorporate automated, AI-based launch mechanisms designed to enhance mission execution.
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