Company Overview
Snapshot
Founded in November 2019 by Yoeli Or, Alon Kloss, and Moshe Kipnis, Cando Drones operates with 11–50 employees. The company has raised $6.5 million across three funding rounds from two investors. Cando Drones completed its IPO on the TASE in July 2026.
Business overview
Cando Drones develops a robust drone technology system that integrates stationary sensors and mobile drone fleets. This platform enables autonomous management and control for threat detection and investigation. The company's technology is also applied to agricultural areas, forests, and nature reserves for collecting information on plant health and crops, facilitating rapid and cost-effective responses to potential issues. Cando Drones serves the Aerospace, Defense & HLS sector, with applications in emergency response, agtech, and homeland security, targeting government, municipalities, and B2B clients.
Strategic signal
Cando Drones completed its IPO on the TASE in July 2026, raising NIS 19 million ahead of its stock market debut. This public listing signals strong investor confidence in the company's drone technology and its potential for growth in urban air mobility and defense applications, positioning Cando Drones for expanded market reach and strategic partnerships.
Log in to access full profile ›Company Intelligence Q&A
- When did Cando Drones complete its IPO?
- Cando Drones completed its Initial Public Offering on the TASE in July 2026, raising NIS 19 million ahead of its stock market debut, as reported by Calcalistech.com and Globes.co.il.
- Which investor participated in Cando Drones' August 2022 funding round?
- In August 2022, Rami Levy participated in a funding round for Cando Drones, acquiring a stake in the drone delivery fleet startup, as reported by Globes.co.il.
- Which investor participated in Cando Drones' August 2020 funding round?
- In August 2020, B WORLD CLASS participated in a funding round for Cando Drones, as reported by Rasham and BWC website.
- What was a significant test flight conducted by Cando Drones in April 2024?
- In April 2024, Cando Drones and High Lander executed a historic test flight involving 5G drones in Israel.
- What was the news regarding Rami Levy and Cando Drones in August 2022?
- In August 2022, Rami Levy acquired a stake in Cando Drones, a drone delivery fleet startup.