Thirty percent of that came from software. Skydio also reported a 38.1% gross margin in 2023, “driven by favorable mix shift ...

While Skydio lost out on its U.S. Army contract to Red Cat, it did bring in $170 million in funding this week.

The Utah company launched by entrepreneur and innovator George Matus at age 16 just secured the biggest small drone contract ...

Batteries fuel the drone war, but some current U.S. drones rely on Chinese batteries. Ukrainian Wild Hornets show how any ...

Skydio, the largest American drone manufacturer, announced Wednesday it is being forced to ration batteries for its customers due to supply constraints caused by the Chinese government’s ...

When Skydio, a young maker of drones in San Mateo, California, sent a customer proposal in 2023 to the Las Vegas Metropolitan ...

America’s supply chain vulnerabilities were on full display Thursday after drone manufacturer Skydio told customers it was facing a battery squeeze after being hit with sanctions from China.

Skydio also reported a 38.1 percent gross margin in 2023, “driven by favorable mix shift towards software revenue and economies of scale in production costs,” according to the deck.