MightyFly Closes $10M Financing to Scale Autonomous Hybrid eVTOL Aircraft for Expedited Logistics and Defense

MightyFly has closed $10 mil­lion in fund­ing from investors, which will con­tin­ue to sup­port the scal­ing of its autonomous hybrid eVTOL air­craft for the logis­tics and defense sec­tors.

This new fund­ing, which came from Drap­er Asso­ciates, At One Ven­tures and 500 Glob­al, brings MightyFly’s total fund­ing to $15 mil­lion. It also comes as US nation­al pol­i­cy is pri­ori­tis­ing accel­er­at­ed deploy­ment of autonomous air­craft into oper­a­tions with the Nation­al Air­space Sys­tem.

In June 2025, The White House­’s Exec­u­tive Order ‘Unleash­ing Amer­i­can Drone Dom­i­nance’, called for faster adop­tion and oper­a­tional inte­gra­tion of advanced UAS capa­bil­i­ties.

MightyFly is devel­op­ing a dual-use autonomous eVTOL plat­form pur­pose-built for mid­dle-mile and last-mile B2B and defense expe­dit­ed logis­tics, with the capa­bil­i­ty to car­ry 100–500 pounds across 600–1,000 miles range and exe­cute mul­ti­ple stops with­in a sin­gle flight route.

The company’s plat­form is designed to deliv­er rapid, reli­able logis­tics with low emissions—supporting both com­mer­cial sup­ply chains and mis­sion-crit­i­cal defense oper­a­tions.

Man­al Habib, Founder and CEO of MightyFly, said: “MightyFly is built around auton­o­my as a force multiplier—delivering speed, reach, and oper­a­tional flex­i­bil­i­ty that tra­di­tion­al logis­tics sim­ply can’t match. By elim­i­nat­ing infra­struc­ture depen­den­cies, we unlock rapid expan­sion.”

MightyFly has already devel­oped three full-scale air­craft and com­plet­ed more than 400 autonomous flights. The com­pa­ny has obtained a Spe­cial Air­wor­thi­ness Cer­tifi­cate cov­er­ing mul­ti­ple flight areas, cor­ri­dors, and air­ports, and has gen­er­at­ed over a mil­lion dol­lars in rev­enue to date.

The com­pa­ny’s tim­ing also aligns with evolv­ing FAA path­ways for com­mer­cial autonomous air­craft oper­a­tions, enabling rapid expan­sion into the $319 bil­lion expe­dit­ed-deliv­ery mar­ket. MightyFly has signed a $220 mil­lion, 20 year LOI for intra island deliv­ery and most recent­ly, signed a $50 mil­lion, five-year health­care con­tract.

Tim Chae, Man­ag­ing Part­ner, 500 Glob­al, said: “We invest­ed in MightyFly ear­ly because we believe auton­o­my can rede­fine the future of logis­tics. We’re excit­ed to con­tin­ue sup­port­ing the team as they help lead the way in long-range eVTOL car­go deliv­ery for next-gen­er­a­tion sup­ply chains.”

Helen Lin, Part­ner at At One Ven­tures, added: “Tra­di­tion­al logis­tics relies on cap­i­tal and labor-inten­sive infra­struc­ture that con­strains speed, cost, and reli­a­bil­i­ty.  From ear­ly on we believed in MightyFly’s fun­da­men­tal­ly advan­ta­geous solu­tion which vir­tu­al­ly elim­i­nates labor – the largest cost dri­ver for logis­tics oper­a­tions today. 

“With the team now demon­strat­ing the reli­a­bil­i­ty required for real-world oper­a­tions, we are see­ing grow­ing com­mer­cial trac­tion and excit­ed for the next stage of this tech­nol­o­gy tak­ing off.”

MightyFly’s mis­sion is to pro­vide fast, afford­able and low-emis­sions expe­dit­ed deliv­er­ies to busi­ness­es and defense. MightyFly is a provider of expe­dit­ed logis­tics ser­vices and a lead­ing man­u­fac­tur­er and oper­a­tor of autonomous, fixed-wing, hybrid eVTOL car­go air­craft with pay­load capac­i­ties of 100–500 pounds, a range of 600–1,000 miles and a speed of 150 mph.

Based in the San Fran­cis­co Bay Area, MightyFly was found­ed in 2019 with back­ing from Drap­er Asso­ciates, At One Ven­tures, 500 Glob­al, Glob­al Founders Cap­i­tal, Graph Ven­tures, Halo­gen Ven­tures, and Side Door Ven­tures. The com­pa­ny was named a “Top Sup­ply Chain Start­up to Watch” in 2022 by Busi­ness Insid­er.