Axon invests $1.2B in Skydio and becomes its U.S. public safety distributor
AIAxon Enterprise said it invested $1.2 billion in Skydio, a drone manufacturer valued at $5.2 billion, gaining a 20% ownership stake. Axon also becomes Skydio's exclusive public safety distributor in the U.S. and Canada, and says Skydio expects about $1 billion in bookings this fiscal year.
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The Robot Report · The Robot Report Staff · therobotreport.comPublished · added here
Original title: Axon invests $1.2B into Skydio and becomes its U.S. public safety distributor