industrialnews.co.uk
ABZ expands Hungarian civilian drone manufacturing capacity
ABZ Innovation has opened a new manufacturing plant in Szentendre, Hungary, quadrupling its floor space and positioning the company to triple production by 2026. The expansion follows a €7 million funding round led by Vsquared Ventures, Day One Capital, and Assembly Ventures. ABZ produces heavy‑duty drones for agriculture and industry, operating in more than 40 countries. The new facility will accommodate larger platform ranges, increase assembly and testing capacity, and support a growing distributor network. The company emphasizes [...]