Vermeer, with headquarters in New York and forward operations in Kyiv, has finalized its $10 million Series A funding round. This investment round, led by Draper Associates, includes support from AeroX Ventures, Boscolo Intervest, High Point Ventures, Rockaway Ventures, and the U.S. Air Force Tech Stars. The new capital will allow Vermeer to expand its collaborations with the U.S. military, NATO allies, and the Armed Forces of Ukraine, as well as to scale its advanced optical navigation platform for defense and commercial markets.

Vermeer's Visual Positioning System (VPS) offers drones and aerial vehicles a navigation solution that eliminates reliance on conventional GPS. VPS operates with electro-optical or infrared cameras to interpret surroundings, bypassing vulnerabilities present in

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