Aeryon Labs recently received $60 million in growth financing from Summit Partners.

This investment will enable the small unmanned aerial systems manufacturer to accelerate its expansion into the drone market and deliver additional capabilities, according to a news release.

“Much of the Summit portfolio is comprised of founder-led companies, poised to take commanding positions in high-growth industries. We believe Aeryon exemplifies these characteristics,” said Len Ferrington, a Managing Director at Summit who will join the Aeryon Labs Board of Directors, according to the release. “The market for sUAS is rapidly expanding, and we believe that Aeryon is a best-of-breed provider that is well positioned to capitalize on those opportunities.”

For more information visit aeryonlabs.com.