Veloryx

Company Overview

Snapshot

Founded in September 2014 by Gal Fridman, Ariel Gorfung, and Shaul Yaakoby, Veloryx operates with 11–50 employees. The company has raised $126.28M across 11 funding rounds from 8 investors. In December 2020, Veloryx went public on the TASE.

Business overview

VELORYX is an integrated Homeland Security (HLS) company that builds a unified security ecosystem by combining advanced technologies, human factors, and operational expertise. The company delivers tailor-made, multi-domain security solutions for complex and evolving threat environments. VELORYX brings together complementary capabilities across various domains, including drones and aerial threat mitigation, radars, command and control, robotics, identification, detection, interception, and advanced monitoring technologies, operating within the Aerospace, Defense & HLS sector.

Strategic signal

In March 2026, Veloryx was in advanced talks to acquire the defense drone maker Aero Sol, indicating a strategic expansion into drone technology for homeland security. This move suggests Veloryx is actively consolidating its market position and enhancing its technological offerings to address evolving security threats, signaling a growth-oriented strategy to investors.

Company Intelligence Q&A

What was a significant recent development for Veloryx?

In March 2026, Veloryx was in advanced talks to acquire the defense drone maker Aero Sol, aiming to expand its capabilities in drone technology for homeland security.

Did Veloryx experience any challenges with its recent acquisition?

In April 2026, the newly acquired Aero Sol facility sustained significant damage hours after the takeover, posing an immediate operational challenge for Veloryx.

What is the status of Veloryx's orders from the Ministry of Defense?

In April 2026, the Ministry of Defense renewed its orders from the Aero Sol production line, indicating continued government confidence despite recent facility damage.

What is the latest funding activity for Veloryx?

In January 2025, Veloryx raised approximately $10.3 million from a group of investors, including strategic investors, company management, employees, and existing shareholders, at a 66% premium above market price. Leon Recanati was among the investors.

What was a key product performance assessment for Veloryx?

In February 2025, an independent third-party performance assessment confirmed that the Aquarius AQ 150 engine demonstrates 25% higher efficiency than leading engines, operates on multiple fuel types, and is significantly lighter than existing alternatives.