Fundraising FoxHoverfly Technologies
Sanford, US · Delaware corporation · 4 known investors
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Hoverfly Technologies manufactures tethered unmanned aerial systems for government and commercial markets, enabling persistent surveillance, targeting, and communications relay through continuous power and data delivery via a persistent tether link. The company serves armed forces branches and defense industry partners with integrated aerial platforms and open-API software solutions.
Founders & leadership
SW
Stephen WaltersExecutive
AD
Albert DucharmeExecutive
RT
Robert ToppingExecutive
AD
Alfred DucharmeNamed on SEC filing
Board
HW
Hyung Wook BaikBoard director
AG
PM
Patrick MooreBoard director
BG
Bill GuyanBoard director
JJ
John JohnsBoard director
AH
Aaron HankinsBoard director
HC
Henry CrumptonBoard director
Investors · 4
Also in the syndicate · 3
Korea Robot Manufacturing (KRM)leadKRMleadLeonardo DRSlead
Reported raises · per SEC filings
Form D private placements$49.6M disclosed across 6 rounds · 2015–2025
▶$25.3MraisedAug 2025 · 34 investors · Other TechnologyRule 506(b)
▶$25.3MraisedAug 2025 · 34 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Bill GuyanDirector
- Gerri DundieExecutive Officer
- Stephen WaltersExecutive Officer
- Hyung Wook BaikDirector
- Andrew GasparDirector
- Patrick MooreDirector
- Alfred DucharmeDirector
- John JohnsDirector
- Aaron HankinsDirector
- Offering amount
- $25.3M
- Amount sold
- $25.3M
- Minimum investment
- $12.2K
- Sales commissions
- $500K
- Placement agents
- KIPPSDESANTO & COMPANY
- First sale
- Aug 2025
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$3.9MraisedApr 2022 · 28 investors · Other TechnologyRule 506(b)
▶$3.9MraisedApr 2022 · 28 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- KEVIN COCHIEExecutive Officer
- GERRI DUNDIEExecutive Officer
- JOHN JOHNSDirector
- ALFRED DUCHARMEDirector
- AARON HANKINSDirector
- STEPHEN WALTERSExecutive Officer
- PATRICK MOOREDirector
- ANDREW GASPARDirector
- Offering amount
- $12M
- Amount sold
- $3.9M
- Minimum investment
- $10K
- First sale
- Apr 2022
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$10.7MraisedAug 2020 · 29 investors · Other TechnologyRule 506(b)
▶$10.7MraisedAug 2020 · 29 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Stephen WaltersExecutive Officer
- Patrick MooreDirector
- Gerri DundieExecutive Officer
- John JohnsDirector
- Andrew GasparDirector
- Robert ToppingExecutive Officer, Director
- Offering amount
- $17.7M
- Amount sold
- $10.7M
- Minimum investment
- $19.2K
- First sale
- Aug 2020
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$4MraisedOct 2018 · 21 investors · Other TechnologyRule 506(b)
▶$4MraisedOct 2018 · 21 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Andrew GasparDirector
- Stephen WaltersExecutive Officer
- John JohnsDirector
- Alfred DucharmeExecutive Officer, Director
- Robert ToppingExecutive Officer, Director
- Henry CrumptonDirector
- Offering amount
- $6M
- Amount sold
- $4M
- Minimum investment
- $5K
- First sale
- Jun 2017
- Incorporated
- Corporation, Florida
- Federal exemptions
- 06b
▶$3.7MraisedJan 2017 · 20 investors · Other TechnologyRule 506(b)
▶$3.7MraisedJan 2017 · 20 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Robert ToppingExecutive Officer, Director
- Henry CrumptonDirector
- Andrew GasparDirector
- Alfred DucharmeExecutive Officer, Director
- Offering amount
- $4.6M
- Amount sold
- $3.7M
- Minimum investment
- $50K
- First sale
- Dec 2016
- Incorporated
- Corporation, Florida
- Federal exemptions
- 06b
▶$2MraisedOct 2016 · 9 investors · Other TechnologyRule 506(b)
▶$2MraisedOct 2016 · 9 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Albert DucharmeExecutive Officer, Director
- Robert ToppingExecutive Officer, Director
- Henry CrumptonDirector
- Offering amount
- $2.5M
- Amount sold
- $2M
- Minimum investment
- $100K
- First sale
- Nov 2015
- Incorporated
- Corporation, Florida
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Related companies · 3
Lockheed Martin AustraliaLockheed Martin is a global security and aerospace company that develops military aircraft, missile defense systems, helicopters, radar and sensor systems, spacecraft, and cybersecurity capabilities for the U.S. Department of Defense, federal government agencies, and international customers.
AvincAV builds integrated defense systems for allied military operators, including unmanned aircraft, loitering munitions, counter-UAS systems, ISR, directed energy, and autonomy software across air, land, sea, and space domains. The company reports more than 50,000 deployments across over 55 countries.
Flir FXFLIR designs and manufactures thermal imaging and infrared camera technology used for applications such as search and rescue, security, navigation, energy conservation, and environmental protection. The company has decades of expertise in infrared cameras and thermography.
Companies working in the same space as Hoverfly Technologies.
In the news
Frequently asked questions
- What does Hoverfly Technologies do?
- Hoverfly Technologies manufactures tethered unmanned aerial systems for government and commercial markets, enabling persistent surveillance, targeting, and communications relay through continuous power and data delivery via a persistent tether link. The company serves armed forces branches and defense industry partners with integrated aerial platforms and open-API software solutions.
- Who are Hoverfly Technologies's investors?
- Hoverfly Technologies's investors include Gaspar Global Ventures.
- How much funding has Hoverfly Technologies raised?
- Hoverfly Technologies has disclosed $49.6M raised across 6 rounds.
- Where is Hoverfly Technologies headquartered?
- Hoverfly Technologies is headquartered in Sanford, US.