WORLDTECHAxon Adds $1.2 Billion to Skydio and Wins Public Safety Drone Rights
Axon has announced a further $1.2 billion investment in drone maker Skydio, paired with exclusive rights to supply Skydio drones to public safety agencies in the United States and Canada, according to sUAS News.
What the arrangement involves
According to sUAS News, Axon is committing an additional $1.2 billion to Skydio and has been granted exclusive rights to put Skydio drones in the hands of public safety agencies across the United States and Canada.
The terms widen a partnership the two companies already had in place, extending its reach beyond what it previously covered.
Drones framed as first responders
The headline of the report presents the investment as a step toward drones serving as first responders.
The verified information available so far does not explain how the drones would be deployed, which agencies have committed to buying them, or what quantities and prices are involved.
Open questions
- How long will the exclusive distribution rights run, and what exactly do they cover?
- Which public safety agencies are expected to adopt Skydio drones first?
- What will Skydio use the additional investment for?