CerbAir, a French defense, and security company that was launched in 2015, has secured €5.5 million in funding recently. Back in December 2017, CerbAir secured €1.5 million in a funding round with the help of several investors include Denis Gardin from MBDA, Jean-Michel Aulas, with his family office HOLNEST and Technofounders, the French accelerator that kick-started CerbAir.
With an estimated 10 million consumer drones in circulation today, the market is expected to rise to over 50 million by 2025. More than just a toy, these off-the-shelf UAVs (Unmanned Aerial Vehicles) are now being used for more sinister actions.