SpearUAV completes funding round to facilitate expanded production
Israeli loitering munition specialist SpearUAV has successfully completed a significant funding round led by the Deep Insight venture fund, the company announced on 24 March 2025.
The round also included participation from existing and new private investors and follows a period of accelerated expansion, with SpearUAV securing major defence contracts and scaling up its operations to meet increasing global demand. The funding will enable the company to establish a new production line in Israel, while also supporting future expansion plans in the United States, including the eventual launch of a dedicated production facility there.
“SpearUAV has demonstrated an exceptional ability to address evolving operational needs with its cutting-edge technology,” the company quoted Dr Eyal Kishon, chairman of Deep Insight, as saying in a press release. “At Deep Insight we specialise in elevating technology companies, and we recognise that SpearUAV possesses a unique combination of foundational capabilities, innovative technologies and a disruptive market approach that sets it apart from existing solutions. We are excited to support SpearUAV’s continued innovation and global expansion and confident that our partnership will produce significant success in the defense sector.”