Axon invests $1.2B in Skydio for minority stake

Published Saturday, November 7, 2026 · 2:06 AM EST

Axon has invested $1.2B in autonomous drone manufacturer Skydio at a $5.2B pre-money valuation, according to Resilience Media. The investment gives Axon a minority stake and strengthens an exclusive public safety partnership. Skydio's drones are used by public safety agencies, the US military and 32 allied nations.

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Techmeme

Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.

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