Axon announces $1.2 billion Skydio investment and exclusive public safety distribution deal
Axon announced an additional $1.2 billion investment in Skydio and will become its exclusive public safety distributor in the U.S. and Canada. The transactions are expected to close in the fourth quarter of 2026 and first quarter of 2027, subject to customary conditions.
- Raised
- $1.2 billion
- Investor
- 1
- Investors
- Axon
- Target market
- Public safety agencies
- Use of funds
- Accelerate innovation, expand Skydio's product portfolio and bring new drone capabilities to customers faster
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Quick Answers
What is the latest news about Skydio?
Axon announced an additional $1.2 billion investment in Skydio and will become its exclusive public safety distributor in the U.S. and Canada. The transactions are expected to close in the fourth quarter of 2026 and first quarter of 2027, subject to customary conditions.
What does Skydio do?
Skydio is a San Mateo, CA-based provider of AI-backed autonomous drones and flying robots.
How much did Skydio raise?
Skydio raised $1.2 billion.
Who invested in Skydio?
Investors named in this round include Axon.
How will Skydio use the funding?
Skydio plans to use the money for accelerate innovation, expand Skydio's product portfolio and bring new drone capabilities to customers faster.
Where is Skydio based?
Skydio is based in USA.
Who are the key people at Skydio?
Key people named in this report: Adam Bry (CEO).