M-Fly has raised new funding to scale production of laser guidance systems and stabilized imaging systems as demand for drone equipment grows in Ukraine.
The company did not disclose the size of the round or its valuation.
Founded in late 2023, M-Fly said it has tested its core technologies in combat in Ukraine, including its stabilization systems at speeds of up to 350 kilometers (217 miles) per hour.
Its product line includes the RB-150CW and Seeker laser-guided systems, as well as the RB-220 heavy-duty gimbal for large drones, aircraft, helicopters, and naval platforms. The RB-220 can also serve as a ground-based station for air defense applications.
The company also changed its processing architecture in 2026, moving from random-access memory-based systems to a graphics processing unit-based platform. M-Fly said the change makes its products less dependent on specific computing components and gives engineers greater flexibility when components become unavailable.
“Amid the global crisis called RAMageddon, we became almost hardware-agnostic, which protects our supply chain and unlocks scaling,” M-Fly CEO Vladyslav Myhovych said.
Ukrainian Drone Makers Scale Up
M-Fly’s funding comes as Ukraine’s drone industry continues to expand around rapidly changing battlefield requirements.
Ukraine said in June that 95 percent of drones procured for the country’s armed forces were manufactured domestically. The agency also said procurement had surpassed ammunition procurement in 2025 and that the new procurement system was allowing manufacturers to forecast demand and increase production.
That demand has continued to grow in 2026. Ukrainian troops ordered more than 590,000 drones through the government-run Brave1 Market during the first nine months of the year, with interceptor drones accounting for the largest share of orders.
The push is becoming more urgent as Russia introduces faster aerial threats. In September, President Volodymyr Zelensky called for faster production of interceptors designed to counter jet-powered Shahed-type drones and urged greater involvement from private companies in air defense production.
