Flytrex develops drone delivery systems that simplify deliveries and enhance efficiency by shortening delivery times and lowering costs.
Flytrex Aviation offers tailored, end-to-end drone delivery solutions based on its proprietary cloud technology. Its fastened delivery box guarantees your order is delivered just the way it was packed. Using its wire release mechanism, orders are gently lowered from eighty feet. This ensures a quiet and secure delivery.They are part of the Federal Aviation Administration UAS Integration Pilot Program (FAA IPP) and have partnered with the North Carolina Department of Transportation to standardize backyard drone delivery. In addition, they have spent the last two years working with the Icelandic Transportation Authority (ICETRA) to advance the use of commercial drone deliveries in Reykjavik.Amit Regev and Yariv Bash founded it on November 1, 2013, with its headquarters in Tel Aviv in Israel.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Nov 19, 2021 | Series C | $40M | 1 | — | — | Detail |