Ukrainian company Huless, which is working on a platform for tethered and hybrid drones, has raised $1 million through private funding, loans and grants. The company shared the details with AIN.
- Huless' private investors include angel investors active in the defense tech industry, as well as a lead investor who chose to remain anonymous. The company also received a loan from a state-owned bank for a government contract and a grant from the Brave1 cluster for research and development of its flagship product, Highline-T.
- The developer met its angel investors at Defense Tech Valley, a summit organized by Brave1, according to Mykhailo Fedorov, Ukraine's Minister of Digital Affairs.
- According to Huless CEO Taras Semeniuk, the funding will accelerate its market presence and establish a transformative approach to mobile communication using Variable Height Antennas, reshaping military connectivit.
About Huless
Huless is working to create a mobile military communications ecosystem where tethered drones are key components of a unified network as variable-height antennas. These systems enable extended operational range and enhanced communication relay and radio-electronic reconnaissance, ensuring pilots remain safe from the frontlines
"Highline-T is a tethered drone engineered as a versatile, multifunctional platform. It can stay airborne for extended durations, delivering critical capabilities like communication relay and electronic intelligence. Featuring a modular design and robust electronic warfare protection, the system is perfectly tailored to the demands of modern operations," the press release states.
