Tulip Tech Expands European UAV Battery Production with New Investment

Dutch battery company aims to strengthen drone supply chains and extend mission endurance

European drone battery company Tulip Tech announced a new strategic investment this week as demand grows for non-Chinese drone components and stronger regional supply chains.

The company said the investment comes from Parcom and Keen Venture Partners. Tulip Tech plans to use the funding to expand production of high-energy battery systems for unmanned aerial vehicles, ground vehicles, and underwater systems.