Heven AeroTech has raised $100 million in a Series B funding round, pushing the hydrogen-powered drone developer to a $1 billion valuation as defense, public safety and commercial demand continues to grow.The round was led by IonQ (NYSE: IONQ), a leader in quantum computing, with participation from returning investor Texas Venture Partners. Founded in 2019, the Virginia-based company specializes in hydrogen fuel cell propulsion systems that deliver extended endurance and range for Unmanned Aerial Systems.Heven AeroTech’s flagship Z1 platform offers flight times of more than 10 hours and ranges exceeding 600 miles, providing long-endurance capabilities sought by U.S. Special Operations Command, combatant commands and allied forces.“Reaching unicorn status validates not just our technology, but our execution,” said Bentzion Levinson, CEO and founder of Heven AeroTech. “This capital will enable us to scale U.S. manufacturing capacity, accelerate quantum-enabled capabilities, and deliver long-endurance hydrogen-powered systems at the speed and volume our national security customers demand.”The company said the funding will support three primary efforts:U.S. Manufacturing Expansion: Scaling domestic production to meet rising customer demand and reduce supply chain risk.Rapid Fielding: Building hydrogen generation and logistics infrastructure to support sustained operations in forward environments.Advanced Systems and Quantum Integration: Developing quantum-secure communications, alternative navigation solutions for GPS-denied environments and AI-powered autonomous operations.The investment follows Heven AeroTech’s strategic partnership with IonQ. Leveraging this collaboration, the company will establish a new quantum-focused engineering division aimed at integrating quantum computing capabilities directly into its systems. The division will support next-generation solutions for positioning, navigation and timing — capabilities the Pentagon has identified as critical in contested environments following lessons learned in Ukraine and Gaza.Heven AeroTech operates globally and focuses on delivering high-endurance, energy-independent UAS platforms for defense, public safety and commercial missions.

2025-12-09 - Heven AeroTech Raises $100M in Series B, Reaches $1B Valuation as Demand for Hydrogen-Powered Drones Accelerates (UAS Magazine)

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The Virginia-based UAS company will expand U.S. manufacturing, advance quantum-enabled capabilities, and scale deployment of its long-endurance, hydrogen-powered aerial systems following a major Series B investment.

Heven AeroTech Raises $100M in Series B, Reaches $1B Valuation as Demand for Hydrogen-Powered Drones Accelerates

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Heven AeroTech Raises $100M in Series B, Reaches $1B Valuation as Demand for Hydrogen-Powered Drones Accelerates