Ukrainian startup M-Fly has raised $1.4M in investments for the development of defense technologies

Ukrainian defense tech startup M-Fly, part of the Brave1 cluster, has received approximately $1.4 million in investments for further development of technologies for the front lines.

This was announced by First Deputy Prime Minister and Minister of Digital Transformation Mykhailo Fedorov.

M-Fly has created a product that, according to the minister, has long been lacking among most drone manufacturers: a high-quality camera stabilizer (gimbal).

The system maintains a stable image even at high flight speeds or in difficult weather conditions.

The stabilizers are already being installed on Ukrainian reconnaissance drones. This allows for clear images without loss of quality, which commanders use to plan strikes and make tactical decisions.

Fedorov noted that M-Fly is continuing negotiations on a new, larger round of investment.

Read more: $1.6 M to combat drones: Ukrainian-American startup Thermopylae attracts investment to develop interceptors