What Happened
Funding Boosts Global Expansion Of Tactical Platforms
Israeli defense-tech startup ASIO Technologies has announced the successful completion of its first funding round, raising $15 million to accelerate the global expansion of its tactical systems. The investment was led by Protego Ventures and Aliya Capital Partners, and will be used to scale production, accelerate product development, and extend ASIO’s reach. ASIO’s systems are designed to ensure operational independence for ground and aerial forces operating in contested environments, and are already used by defense customers worldwide, including in the United States. This funding announcement was reported by The Jerusalem Post.