# M-Fly Expands Kyiv Drone Production

Kyiv-based drone-component maker M-Fly announced a funding round led by MITS Capital on September 30, 2026, citing rising demand from Ukrainian customers and buyers in NATO countries. The undisclosed funding will support expanded production and faster product adaptation for drone reconnaissance, imaging, and guidance systems. No government procurement, contract award, or funding amount was announced, but the expansion is a market signal for contractors and suppliers serving these capabilities.

- Defense procurement teams and prime contractors may find a potential supplier whose production capacity is expanding, although the announcement does not establish NATO or government purchases.
- Businesses supplying drone components, imaging, or guidance technologies can assess whether M-Fly’s planned production expansion creates relevant subcontracting or supply-chain opportunities.
- Companies evaluating the market should distinguish reported buyer interest from a formal solicitation or award; the funding amount and valuation were not disclosed.

**Jurisdictions:** international
**Industries:** Defense & Military
**Published:** September 30, 2026

### Government Entities
- North Atlantic Treaty Organization (NATO)

### Vendors
- M-Fly (Manufacturer of drone components for reconnaissance, imaging, and guidance systems)

### Sources
- [Ukraine’s M-Fly raises cash as NATO buyers show interest](https://defence-blog.com/ukraines-m-fly-raises-cash-as-nato-buyers-show-interest) - The Defence Blog