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infiniDome funding $9M Series A

infiniDome Raises $9M in Series A Round Led by Hanwha Aerospace
by DRONELIFE Staff Writer Ian M. Crosby
Anti-jamming solutions provider infiniDome has closed $9M in a Series A funding round led by South Korea’s Hanwha Aerospace, alongside Honeywell Ventures and Next Gear Ventures.
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This funding will support the deployment of infiniDome’s GPSdome2 to major defense forces such as US DoD, Israeli Defense prime, South Korean Army (ROK armed forces), and Indian armed forces. This is Honeywell Ventures’ third round of investment in infiniDome, with Next Gear Ventures having supported the company since their Seed round. Going forward, infiniDome intends to maintain its partnership with its strategic investors through joint development of dedicated solutions and global commercial agreements.
“We see the great value of Hanwha’s investment and partnership with infiniDome. The synergy of Hanwha’s vast network and leadership in APAC…
Source: dronelife.com