Phil King’s Regal Funds Management, Alex Waislitz’s Thorney Investments and markets stalwart Anton Tagliaferro are among the big names piling into an Israeli drone components company ahead of its planned ASX debut next week.

KTEK Aerosystems, which supplies airframes and other electrical components for combat drone manufacturers, has closed its $10 million initial public offering, reaching its target in under 24 hours and attracting $30 million in investor bids.

An earlier version of this story incorrectly said that Howard Digby was a former director of Elsight. He is still a director.

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