Ukrainian defense tech startup M-FLY has locked a new round from investors and grants to develop advanced EW-resistant laser guidance systems for UAVs and air defense.
👯 Founder: Vladyslav Myhovych (CEO)
📅 Founding year: 2023
🏭 Industry: Defense Tech, UAV Technology
💥 Problem: Lack of highly accurate, EW-resistant laser guidance systems for UAVs and air defense.
📣 Solution: M-FLY develops advanced laser targeting devices and semi-active guidance units with a 95%+ hit rate, designed for UAVs and air defense systems.
👥 Customers: Military and defense organizations
🌱 Stage: Early-stage, product testing, preparing for mass production
💰 Investment amount: €1.19 million + two BRAVE1 grants (€22,920 and €45,850)
🚀 Funded by: Angel investors from Ukraine, Denmark, Grenada, the U.S., and an Estonian miltech company; funds including Resist.ua, MITS Capital, and Freedom Fund
💡 It will be spent on: Completing the development of laser targeting devices, semi-active guidance units, and advancing product autonomy with AI and swarm management systems.
💬 In their own words:
“The raised funds will be used to complete the development of a laser targeting device and semi-active guidance units. This solution is unique in its EW resistance and high accuracy (over 95% hit rate). In addition, M-FLY can be used for air defense systems,” said companies’ representatives for AIN.
💪 Their specialty: Laser guidance systems and UAV gimbals for military and civilian applications
🔑 Business model: B2G (Business-to-Government) and defense sector partnerships
📊 Traction: First product iterations are already being tested in combat zones; actively preparing for mass production and sales.
