Zipline Raises $1.5N to Build Nationwide Drone Delivery Network
Zipline announces a $1.5 billion raise to build a nationwide U.S. drone delivery network, expand manufacturing and ramp hiring.
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Shield to Acquire Echodyne in $5.3 BN Deal
Acquisition to expand Shield’s Mission Systems business into the fast-growing radar and counter-drone sectors
Neros Gets Loan Commitment of up to $450M from Department of War
Alongside the OSC funding, Neros is committing $165M in equity to this effort, bringing the total project size to $615M and giving the American taxpayer an ownership stake in the company.
Axon Invests $1.2 BN in Skydio to Build the Future of Drone as First Responder
With an expanded partnership, Axon becomes exclusive Skydio distributor for public safety in the U.S. and Canada
US Army Research Produces 3D-Printed Heavy-Fuel Engine
The engine drives a 400v motor-generator that electrically drives the propellers