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 over $6.5 million across three funding rounds from two investors. In July 2026, Cando Drones completed its IPO on the TASE, raising $6.4 million.
Business overview
Cando Drones develops a robust platform that integrates stationary sensors and mobile drones for autonomous management and control of multi-drone fleets. This technology enables the detection and investigation of threats, as well as quick coverage of agricultural areas, forests, and nature reserves. The platform collects information on plant health, crops, and potential problems, facilitating faster, more accurate, and cost-effective responses to prevent crises. Cando Drones serves markets in Aerospace, Defense & HLS, and Agriculture & Food, focusing on homeland security, law enforcement, safety, and precision agriculture.
Strategic signal
Cando Drones completed its Initial Public Offering (IPO) on the TASE in July 2026, raising $6.4 million. This move signifies a major validation of the company's drone technology and market potential, providing substantial capital for further expansion and development. The IPO positions Cando Drones as a publicly traded entity, enhancing its visibility and access to capital markets, which is a strong signal of investor confidence in its strategic direction and growth trajectory within the Aerospace, Defense & HLS sector.
Log in to access full profile ›Company Intelligence Q&A
- What was a significant financial milestone for Cando Drones in July 2026?
- In July 2026, Cando Drones completed its Initial Public Offering (IPO) on the TASE, raising $6.4 million. This event marked the company's transition to a publicly traded entity.
- Which investors participated in Cando Drones' funding rounds?
- Cando Drones has received funding from investors including Rami Levy and B.
- What was the strategic development for Cando Drones in April 2024?
- In April 2024, Cando Drones and High Lander executed a historic test flight involving 5G drones in Israel, showcasing advancements in drone technology and connectivity.
- What was a key development for Cando Drones in August 2022?
- In August 2022, Rami Levy acquired a stake in.
- What is Cando Drones' involvement with urban air mobility?
- Cando Drones has developed a concept in response to the Israeli Ministry of Transport's demand for the NA'AMA project, focusing on urban air mobility, and is collaborating with a strategic partner on this initiative.