BraveX Aero secures €315,000 for industrial drone development

Business Forum
BraveX Aero, a Cluj-based startup specialising in industrial drones, has secured €315,000 in funding from investors in the Transylvania Angels Network.

The investment will fuel the startup's goal to become a leading European producer of high-endurance industrial drones by 2030, with an aim to increase annual output to 500 units by 2028. 

Răzvan Costea-Bărluțiu, Investor and CEO at BraveX, said: "We have fully functional products, field-tested in challenging conditions, and most importantly, successfully delivered contracts.”

BraveX is currently preparing for a new financing round to onboard new specialists by early 2026.

The company already operates an active production line near Cluj-Napoca, with a current capacity of over 70 units per year. 

BraveX is among the few European players developing both fixed-wing drones and VTOL (vertical take-off and landing) systems. These drones are designed for critical missions such as mountain rescue, border surveillance, and aerial transport of equipment in hard-to-reach areas. All technology is developed in-house in Romania, reducing reliance on Asian suppliers.

Going forward, the startup aims to expand into NATO-aligned defence markets, targeting clients from the security and defence sectors of member states, in addition to public administrations and institutional operators in Europe, Africa, Canada, and South America.

RECOMMENDED
Romanian logistics leasing surges 30% in first nine months
Real estate

Romanian logistics leasing surges 30% in first nine months

Companies leased approximately 750,000 sqm of logistics and industrial space in the first nine months of 2025, representing a 30% increase compared to the same period last year, according to a report published by Cushman & Wakefield Echinox. If the current pace continues, the annual transacted area could reach one million sqm again, matching the five-year average.

Olympian Parks appoints Ana Dumitrache as new CEO
Real estate

Olympian Parks appoints Ana Dumitrache as new CEO

Olympian Parks, owned by Helios Phoenix, has appointed Ana Dumitrache as CEO starting 1st November. The light industrial and logistics platform aims to strengthen its market position and grow towards 500,000 sqm in the medium term by leveraging its existing portfolio and land bank.

Romanian home sales stagnate as Bucharest market declines
Real estate

Romanian home sales stagnate as Bucharest market declines

Over 119,500 residential units were sold in Romania in the first nine months of 2025, a similar level with that recorded in the same period of 2024 (down only 0.3%), according to a market analysis by SVN Romania and based on official statistics of the National Agency for Cadastre and Land Registration.

Romanias industrial stock nears 8 million sqm milestone
Real estate

Romania's industrial stock nears 8 million sqm milestone

Romania's industrial and logistics stock is approaching 8 million sqm, with over 60% located within one hour's drive of Bucharest. Moldova and Oltenia remain the least developed regions but show potential for growth once infrastructure improves, according to a Cushman & Wakefield Echinox report.

RECOMMENDED FROM THE HOME PAGE
READ MORE
Business Forum  |  12 December, 2025 at 6:55 PM
Business Forum  |  12 December, 2025 at 5:50 PM