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Unmanned Systems

Drone Startup Skydio Raises $100 Million

By Brian Garrett-Glaser

Monday, July 13th, 2020

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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

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]

Congress

Appropriators Offer Skepticism On $350B Defense Reconciliation Plan, ‘Big Risk’ For Key Initiatives

Senate and House Appropriators told Pentagon leadership on Tuesday they’re skeptical of the department’s plan to fund $350 billion of the fiscal year 2027 defense budget through the reconciliation process, […]