:

Unmanned Systems

Drone Startup Skydio Raises $100 Million

By Brian Garrett-Glaser

Monday, July 13th, 2020

SHARE:

Drone Startup Skydio Raises $100 Million

Skydio drone. (Skydio)

Skydio, a Redwood City, Calif.-based developer of small unmanned aircraft systems (UAS) for recreation, commercial and military uses, closed $100 million in Series C funding, bringing its total funds raised to $170 million. Known primarily for its industry-leading autonomy systems and high-quality video production, Skydio has contracts with the U.S. Army, U.S. Air Force and Drug Enforcement Agency. It’s one of a few U.S.-based companies the Pentagon is hoping will be able to provide secure, affordable small drones after the…

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]

Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]

Unmanned Systems

CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]

Congress

House Heads For Recess Without Moving On NDAA After Procedural Vote Fails

The House will leave for the Fourth of July recess without moving forward on its $1.15 trillion fiscal year 2027 National Defense Authorization Act (NDAA), with a procedural vote to […]