Venture capital-backed, $1bn companies are disrupting the way war will be waged with AI and futuristic weapons. Will they overthrow the traditional big military manufacturers, and what would that mean for the battlefield?
Skydio, with more than $740m in venture capital funding and a valuation of about $2.5bn, makes drones for the military along with civilian organisations such as police forces and utility companies. The company moved away from the consumer market in 2020 and is now the largest US drone maker. Military uses touted on its website include gaining situational awareness on the battlefield and autonomously patrolling bases.
