Ukrainian defense tech startup Buntar Aerospace has raised $16 million in new funding. The round was led by Freedom Fund and an international private equity fund, with participation from Gardar, Iron Wolf, and Autonomy Capital. The latest investment brings the company’s total funding to $30 million.
Buntar Aerospace develops autonomous systems for military use. Its main products include the Buntar-1 reconnaissance drone and Buntar Copilot, software designed to help drone operators manage missions and make decisions in difficult battlefield conditions.
The company’s products are already being used by front-line units in Ukraine. Buntar says its systems have been tested in real-world conditions and are generating revenue as demand for its technology continues to grow.
Buntar Aerospace plans to use the new funding to speed up product development and increase production capacity. The company also plans to hire experienced engineers and managers, including teams with practical experience in military and defense technology.
“Every Buntar system is built to fly, sense, and adapt on its own, so skilled people can focus on decisions. We’re targeting the missions that depend most on highly trained operators: reconnaissance, counter-drone defence and precision strike assistance. That’s what Ukraine needs today, and what Europe must be ready for tomorrow. Our experience shows us that what we design today for defence has a wide range of civil applications as well, enabling us to expand our dual-use offering as well,” said Bohdan Sas, co-founder of Buntar Aerospace.
Buntar Aerospace is a Ukrainian defense technology company that develops autonomous systems designed to work in difficult conditions. Founded in August 2023 by Ivan Kaunov and Bohdan Sas, the company started with the Buntar-1 reconnaissance drone and its AI-powered Buntar Copilot software. The drone is designed to operate in challenging electronic warfare environments, while the software helps support drone operations.
Buntar Aerospace says its technology is already being used by front-line military units and is generating steady revenue. The company works closely with soldiers and uses feedback from real-world operations to improve its products. Based on this experience, Buntar is now expanding its technology into new areas, including civilian applications.
