HomeBriefs

Brief

Drone Maker Skydio Plans $3.5B Investment to Expand Production

San Mateo-based drone manufacturer Skydio has committed $3.5 billion to expand its domestic manufacturing, accelerate R&D and strengthen American supply chains. The investment is expected to create mo

San Mateo-based drone manufacturer Skydio has committed $3.5 billion to expand its domestic manufacturing, accelerate R&D and strengthen American supply chains. The investment is expected to create more than 2,000 new Skydio jobs, primarily in California, help create more than 3,000 additional roles within the U.S. supply chain and direct more than $1 billion to...

Source