Last updated 2026-07-26
- Raised $2M Seed Extension led by MassChallenge, Feb 2021
- Raised $700k Seed round led by Incubit Ventures, Jul 2019
- Raised $25k grant led by Israel Ministry of Defense (MOD), May 2018
Total raised
$2.7M
Last: Grant 2022-07
Stage
Seed
Founded
2017
Headcount
2
HQ
Be'er Sheva, Israel
Sector
Aerospace, Defense & HLS
About
FlyWorks is an Israeli startup that has developed and patented a novel approach to powering multi-rotor drones with a petrol engine. This technology combines the capabilities of gasoline with the safety and simplicity of a multi-rotor design, enabling high-endurance hybrid multirotor drones for various commercial and defense applications such as land surveying, utility inspection, disaster response, precision agriculture, and search and rescue. The system operates by providing most of the power required for flight from an internal combustion engine, while a limited electric drive system provides additional power for maneuvering.
Funding history · 5 rounds · $2.7M total
5 events/rounds · $2.7M Total Funding: $2.7M in Private Equity
Jul 2022
★ BIRD FoundationDelMar Aerospace
Apr 2021
Grant
Undisclosed
unknown
Feb 2021
Seed Extension
$2.0M
unknown
★ MassChallenge★ Incubit Technology Ventures
Jul 2019
May 2018
Grant
$25K
unknown
★ Israel Ministry of Defense (MOD)
Headcount over time
2 employees (2026-09) · 1 point
Offices
Be'er Sheva, Israel · HQ / main office
Q&A
- What is FlyWorks' primary business?
- FlyWorks is an Israeli startup that develops and patents a novel approach to powering multi-rotor drones with a petrol engine, enabling high-endurance hybrid multirotor drones for commercial and defense applications.
- When was FlyWorks founded?
- FlyWorks was founded in January 2017.
- How much funding has FlyWorks raised in total?
- FlyWorks has raised a total of $2,700,000 USD.
- When was FlyWorks' most recent funding round?
- FlyWorks' most recent funding round was a Grant in July 2022, with the BIRD Foundation as an investor.
- Which investor participated in FlyWorks' Seed round in July 2019?
- Incubit Ventures participated in FlyWorks' Seed round in July 2019.
- What is the employee count for FlyWorks?
- FlyWorks has an employee count in the 1-10 range.
- Who are the founders of FlyWorks?
- The founders of FlyWorks are Gad Peleg, who serves as Founder & CEO, and Rei Avishai, who is the CTO.
- In which sector does FlyWorks primarily operate?
- FlyWorks primarily operates in the Aerospace, Defense & HLS sector.
Team · 2
Gad Peleg
Founder · Founder & CEO
Rei Avishai
Founder · CTO
Sectors & technology
Primary sector
Aerospace, Defense & HLS
Sub-sectors
Aerospace, Defense & HLSDefense & HLS SolutionsUnmanned SystemsEnergy TechEnergy Management & Grid Integration
Technologies
Machinery & RoboticsDrones
Target customers
Defense, Safety & SecuritySecurityHomeland SecurityEnergy, Utilities & Waste ManagementUtilitiesElectricityIndustrial ManufacturingDiscrete IndustriesAerospaceAgriculture & Food
Business model
B2BB2G
Highlights
1 PatentsVerified
Tags
fuel-savingshomeland-securitysmart-mobilityaerospaceroboticsagricultureunmanned-aerial-vehicleelectric-utilitiesunmanned-aerial-systemssafetydronesgrid-monitoringfirst-respondersprecision-agriculturepower-gridsenergytechpipes-and-pipelines
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | fly-works.com |
|---|---|
| linkedin.com/company/33294728 |
Identifiers & details
| Founded | 2017-1 |
|---|---|
| Employees (exact) | 2 |
Radar intelligence
Patents
| EPO | 1 |
|---|
Publications (Crossref)
| Works | 2 |
|---|
Web history (Wayback)
| Domain | fly-works.com |
|---|
Certificate / subdomain footprint
| Subdomains | 1 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 515615268 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2017-02-21 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2026 |
| Active charges / liens | 0 |
| Registry events | 2 — people (1), annual_report (1) |
| Registered address | האנרגיה 77 באר שבע |
Recent registry events
| Date | Event |
|---|---|
| 2026-06-30 | עדכון דירקטורים-הוספת דירקטור |
| 2026-03-22 | דו~ח שנתי |