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Drone Defense Startup Hidden Level Secures $100M Funding
2/3/2025
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Story summary
- Hidden Level Inc., a Syracuse-based drone defense startup, secured $100 million in funding, reaching a valuation of nearly $500 million.
- The company focuses on passive radar systems for drone detection and has contracts with various U.S. military branches.
- Revenue is expected to rise from $5 million in 2024 to $25 million in 2025, driven by government sales.
- Hidden Level aims to increase its workforce from 100 to 160 employees within 18 months to boost manufacturing capabilities.
