Drones

Delivery drones, defense tech, and autonomous flight.

8 stories tracked

Henrique Almeida / Bloomberg ·

Portuguese surveillance drone maker Tekever raised $580M ed by UC Investments at a $6.4B valuation, after securing a UK MOD contract worth £400M over 10 years

Tekever, a Portuguese developer of surveillance drones, is seeking acquisitions after the first close of a funding round that targets raising $580 million.

Steve LeVine / The Information ·

Eric Schmidt-founded Perennial and eight other drone startups plan to split US DoD orders for 60,000 drones in a competition that requires no China-made parts

Last month, the Pentagon threw up its arms in frustration (metaphorically speaking) when most of the drone startups in competition …

Omar Abdel-Baqui / Wall Street Journal ·

AWS says it can't restore some data stored exclusively in data centers across Bahrain and one UAE availability zone after Iranian drone strikes in the spring

Amazon's announcement is the first indication that some data stored exclusively in Bahrain and the U.A.E could be gone forever

Bloomberg ·

Drone delivery startup Zipline is in talks to raise ~$1B at a ~$20B valuation, up from $7.6B in January, and Paradigm is in talks to lead the round

Zipline is in talks to raise around $1 billion in a funding round that would value the drone delivery and logistics startup at roughly $20 billion …

Jagmeet Singh / TechCrunch ·

Bengaluru-based autonomous drone startup Airbound raised a $37M Series A led by Greenoaks, less than a year after an $8.65M seed, taking total funding to ~$50M

Airbound, an Indian startup building autonomous drones, has raised $37 million in fresh capital as it pushes to make moving goods through …

Wall Street Journal ·

The US Army is phasing out its drone assault battalion, as part of a "back-to-basics" approach; it was created in January to learn from the conflict in Ukraine

Gen. Christopher LaNeve takes aim at a cutting-edge drone unit, one of several moves he has made since taking over the Army

Matt Day / Bloomberg ·

Amazon plans to expand Prime Air drone deliveries to cities in at least five more US states in the coming months, including Chicago and Atlanta by 2026's end

Amazon.com Inc. plans to expand its drone delivery operation to cities in at least five more US states in the coming months …

Kelly Cloonan / Wall Street Journal ·

Uber and Zipline partner to launch Uber Eats drone deliveries in Dallas and Houston by late 2026, aiming to scale nationwide and hit 1M daily deliveries in 2029

The desire for rapid delivery is "insatiable," Uber's Chief Executive Dara Khosrowshahi says

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