HyLight has raised €3.7m ($4m) to accelerate the deployment of its hydrogen-powered airship drones at an industrial scale.
H2 View understands that HyLight will apply the funding to achieve three milestones. Firstly, it will allow the company to launch large-scale operations and therefore support the expansion of its network via strategic partnerships.
The funds will enable HyLight to recruit new experts in the aviation regulation, embedded systems, hydrogen systems and software development fields. The company will also develop new versions of its airship drones that meet aeronautical and industrial standards, being more efficient, safer and easier to produce on a large-scale.
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