Company · Manufacturing

Innovaero

Western Australian developer and manufacturer of attack drones used by the Australian Defence Force

Perth, WA

Investor	Rounds	Invested
No investors recorded yet. Know one?

Who bought Innovaero

The transaction that ended Innovaero's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.

Bought by	Kind	Announced	Price	Sources
-	IPO	22 Sep 2026	$40m	This Week in Australian Startups, Dealroom

What Innovaero bought

Companies Innovaero acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.

Company	Kind	Announced	Price	Sources
Innovaero is not recorded as having acquired anything.

Coverage

Stories naming Innovaero. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

15 deals

🇦🇺 This Week in Australian Startups #179, 26th September 2026

Weekly roundup recording a dozen raises and acquisitions, Firmus's scheduled float, a new $50m venture fund, a founder share sale, grant winners, an accelerator intake, and an AI agent's government breach.

This Week in Australian Startups 26 Sep 2026 Amber Electric Auric CodeBreakers Fever Heidi Health HEO Hubblenetwork Kinoxis Therapeutics Medcast OpenDebt Remagine Labs RentBetter Significant Capital Ventures TasTest Zeligate Advanced Navigation Afterpay Airtasker AirTrunk Airwallex Anthropic AUSTRAC Australian Government Australian Signals Directorate Catch CDC Centre Droneshield Elixinol Wellness Ellerston Capital Employment Hero Firmus Technologies Genetic Signatures Innovaero Investment NSW Kongsberg Luxury Escapes Medicare Microba Morgan Stanley National Transport Solutions Nearmap News Corp NSW Government Ofload OpenAI ParaScript Ramp South Australian Government Spark Stakk Limited Telix Pharmaceuticals Telstra The U Group Thoma Bravo University of Canberra University of Newcastle Victoria Vitable 1GT AirTree Ventures Angel Investors Antler Australia Athletic Ventures Avicella Capital Baillie Gifford Beaten Zone Venture Partners Best Practice Blackbird Ventures Carthona Capital CSIRO DCode Capital Deepwater Dumm Capital E.ON EQT ETF Partners EVP General Catalyst Headline Innovation Victoria Main Sequence Ventures Medical Research Future Fund Monash University NRF Corporation Paspalis Phoenix Court Point72 Salus Ventures Scalare Partners Stoic Venture Capital Ten13 Uniseed UniSuper University of Sydney UNSW Greg Boorer Pat Cummins Sam Kerr Albanese Anoulack Chanthivong Gabby Leibovich Hezi Leibovich Jack Zhang Jonathan Lui

Also Dynamic Business·DealStreetAsia·This Week in Australian Startups·Dealroom·ABC News Technology

Exit / M&A

Innovaero locks in $29M IPO ahead of $158M ASX debut

Perth drone maker Innovaero has completed the raising for its stockmarket float and will debut on the national exchange on 22 September, with an implied value near A$158 million.

Dealroom 8 Sep 2026 Australian Securities Exchange Innovaero

Also This Week in Australian Startups

Grant $24.2m

Defence drone manufacturer Innovaero lodges prospectus with ASIC ahead of initial public offering

A Perth-based maker of military drones has lodged listing paperwork with the corporate regulator ahead of a planned sharemarket float; its current Defence Force munitions contract is worth $24.2 million.

Defence Connect 12 Aug 2026 Innovaero Advanced Strategic Capabilities Accelerator Canaccord Genuity Australia Department of Defence Euroz Hartleys Limited Australian Defence Force

undisclosed $40m

Drone maker Innovaero opens books for $158m ASX debut

A Western Australian maker of military drones has opened its bookbuild for a $40 million float, aiming for a securities exchange debut within about a month.

AFR Technology 6 Aug 2026 Innovaero Australian Defence Force

News

Upcoming floats and listings

ASX page tables ten companies that have applied to list — mostly mineral explorers, plus defence and AI infrastructure plays — showing proposed codes, pricing, amounts sought, timetables and deal advisers.

ASX Announcements 14 Jul 2023 708 Capital Pty Ltd Almasar Minerals Argonaut Securities Pty Limited Axiant Resources Bell Potter Canaccord Genuity Australia Euroz Hartleys Limited Henslow Pty Ltd Innovaero Powerhaus Uranium SCX SCX.ai

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