NextVision raising $400 million amid drone camera boom

NextVision is capitalizing on its soaring share price with a $400 million fundraising round from foreign and Israeli investors, Calcalist has learned. According to institutional sources, the majority of the funding is coming from the United States, with participation from Israeli investors, and the round is being led by the investment bank Jefferies.

The company develops and markets stabilized cameras and imaging systems for both defense and civilian use, with a particular focus on drones and unmanned aerial vehicles. NextVision is currently traded at a valuation of NIS 13 billion (approximately $3.88B).

Its stock has been on a remarkable climb: up 158% since the start of 2025, 272% over the past 12 months, and 574% since the outbreak of the war.

Last month, the company reported its second-quarter results. The number of customers grew by 12%, fueled by heightened demand across global conflict zones and the ensuing arms race, which drove yet another quarter of double-digit growth.

Revenue for the second quarter reached $37 million, a 32% increase year-on-year. Gross profit rose at a similar pace to $27 million, while operating profit grew 27% to $23 million. In addition to improved operating performance, NextVision benefited from $2.2 million in financing income during the quarter (and $4.1 million in the first half of the year) through investments of its cash reserves in short-term deposits.