Elistair, tethered drone company, announces a €5M Series B round to accelerate its International expansion

Elistair, a market leader in tethered drones, has raised €5M from Omnes and Starquest Capital, its historic investor. This Series B round follows an initial €2M funding round in 2018. Since its creation in 2014, Elistair’s solutions have already been deployed by military forces and national security agencies in over 65 countries.

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ORION 2 is an automated, powerful and highly portable tethered UAS designed for continuous aerial day and night surveillance over large areas. Continuously powered through its kevlar-reinforced micro-tether, ORION 2 is capable of operating for 24 hours continuously at 100 meters (330 feet) height with 2 kg of payload and extended detection ranges up to 10 kilometers (Picture source: Elistair)

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