Categories drone

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Autonomous drone maker Skydio raises $170M led by Andreessen Horowitz

Skydio has raised $170 million in a Series D funding round led by Andreessen Horowitz’s Growth Fund. That pushes it into unicorn territory, with $340 million in total funding and a post-money valuation north of $1 billion. Skydio’s fresh capital comes on the heels of its expansion last year into […]

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DJI says products will remain on sale after being added to US ‘entity list’

Yesterday the U.S. Department of Commerce included DJI among the 77 new entries on its ‘entity list.’ Precisely what this means for the company’s future in the States remains uncertain, but it has since responded to TechCrunch’s request for comment. “DJI is disappointed in the U.S. Department of Commerce’s decision,” […]

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US is preparing to ban foreign-made drones from government use

The Trump administration is preparing an executive order to ban federal departments and agencies from buying or using foreign-made drones, citing a risk to national security, TechCrunch has learned. The draft order, which was drafted in the past few weeks and seen by TechCrunch, would effectively ban both foreign-made drones […]