Dronemaker Skydio Announces $170 Million Venture Infusion

The U.S. Army is nearing a production decision for the Skydio X2D quadcopter.
Credit: Skydio
U.S. drone manufacturer Skydio announced March 1 that it has raised $170 million in a Series D funding round led by the Andreessen Horowitz Growth Fund. With the latest infusion, Skydio said it has raised more than $340 million in venture funding and is now valued at $1 billion. The company will use...
Bill Carey

Bill covers business aviation and advanced air mobility for Aviation Week Network. A former newspaper reporter, he has also covered the airline industry, military aviation, commercial space and uncrewed aircraft systems. He is the author of 'Enter The Drones, The FAA and UAVs in America,' published in 2016.

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