While Skydio lost out on its U.S. Army contract to Red Cat, it did bring in $170 million in funding this week.
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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 ...
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.
Things are also looking up for Skydio’s military ambitions: of the $1.2 billion bookings in the pipeline, over 50% was ordered by defense customers. In addition to winning contracts with law ...