Axon invests $1.2 billion more in drone maker Skydio
· Politics · United States
Axon invested $1.2 billion more in drone maker Skydio and lowered its annual revenue growth forecast. The investment deepens Axon's push into drones for public safety and defence markets. Skydio is one of the largest US drone makers and has benefited from efforts to reduce reliance on Chinese suppliers.
Why it matters：The deal reflects growing investment in non-Chinese drones as Western governments seek trusted suppliers for security uses.
Key points
- Axon invested $1.2 billion more in Skydio.
- Axon lowered its annual revenue growth forecast.
- Skydio is one of the largest US drone makers.