Drone maker Tekever, whose equipment is being used by the Ukrainian military, raised $74 million in funding from NATO's Innovation Fund and other investors.
Tekever's drones focus on surveillance and intelligence, rather than weapons, and are being used in Ukraine's drone warfare efforts.
The company's CEO, Ricardo Mendes, highlighted the resilience and autonomy of Tekever drones, which can operate in denied environments and fly without GPS signal or communication.
Tekever's latest drone, the ARX, aims to carry swarms of smaller drones and enhance operational capabilities.