Israel has long been an international leader in drone technology; these two drone startups have helped it soar to new heights.

The latest funding round will be used to scale up operations, improve the company's drone delivery systems and provide seed funding for its North Carolina program.

Local developers of drones and drone technology for commercial and industrial uses are flying high on innovation.

The Tel Aviv-based startup Convexum has developed a sophisticated technology to clients from malicious or unauthorized drones.