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Cognac Money Is Funding French Drones to Cross the Atlantic

  • Delair-Tech raised $14.5 million mostly from fund Andromede
  • Wants to sell its $33,000-plus drones to businesses abroad
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French drones are getting a boost from cognac money. 

Delair-Tech, a Toulouse-based drone maker, said it will expand into the U.S. and China after raising 13 million euros ($14.5 million) from investors including a fund backed by one of France’s biggest cognac-producing families.