Tech Company Financing Transactions
Baxter Aerospace Funding Round
Baxter Aerospace, based in St. George, received $6 million from DoD Accelerator Fund.
Transaction Overview
Company Name
Announced On
7/25/2025
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to support rapid production of both the Dragonfly Unmanned Aircraft and the Deployable Communications Kits, and expand field operations.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
3260 Deseret Dr
St. George, UT 84790
USA
St. George, UT 84790
USA
Phone
Website
Email Address
Not Recorded
Overview
Baxter Aerospace started January 15, 2016, in Hillsboro, Oregon with the mission of clearing the air. ?Jeff Baxter and Michael Baxter, brothers and co-founders, developed a desire to fight rapid spreading wildfires after witnessing a fire near Portland, Oregon that put their lives and homes at risk. They decided to take action to lessoning the spread of wildfires by and designing and developing of the Dragonfly.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jeff Baxter
Browse more venture capital transactions:
Prev: 7/25/2025: Scopio Labs venture capital transaction
Next: 7/25/2025: Transcend Imaging venture capital transaction
Share this article
About Our VC Transactions Data
We report on every notable VC transaction. VC investment data records reported here are derived from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs