FlyWorks

Israel
Beersheba, Southern District, Israel

Company profile

FlyWorks company profile

FlyWorks is developing a whole new way to drive multi-rotors for 2nd generation hybrid drones. The company's patent-pending drive technology will allow drones to carry significant payload and fly for hours, but remain light, cost-efficient and safe. Their technology combines the remarkable performance of petrol fuel with the safety and simplicity of the multirotor platform. It works by delivering most of the power that the drone requires to stay in the air directly from an internal combustion engine while a small electric drive system provides a small fraction of power only for maneuvering. FlyWorks technology can be implemented in any drone platform size to create a wide array of high-performance multirotor platforms for various use-cases from land surveying to air-taxis. They enabling high-resolution close-up multi-sensor inspection of the large-scale power line infrastructure.

Business identity

Contact email
[email protected]
Phone number
+972-8-6177753
Operating status
Active
Company type
For Profit
Employee range
1-10 employees
Revenue range
$0-$1M
Founded
2017-01-01

Headquarters

Country code
IL
Continent
Asia

Capital profile

Funding and company signals

Funding stage
Seed
Funding rounds
4
Total equity funding
$700,000
Last funding
Non Equity Assistance / 2021-03-18
Last equity funding
Seed / $700,000
Investors
5
Lead investors
2
Founders
1

Founders and investors

Founders

Gad Peleg

Lead investors

Incubit Technology VenturesMassChallenge Israel

Investors

Incubit Technology VenturesIsraeli institutionsIsrael Innovation AuthorityMassChallengeMassChallenge Israel