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Skydio hits billion-dollar valuation for autonomous drone tech

Skydio hits billion-dollar valuation for autonomous drone tech

Posted on March 1, 2021August 27, 2023 By Jarvis

Autonomous drone company Skydio has just raised another $170 million in funding, with its “flying robot” tech earning it a $1+ billion valuation as it evolves beyond its initial consumer products. Revealed back in 2016, and launching commercially in early 2018 with the Skydio R1, Skydio’s technology borrowed concepts more familiar from self-driving car projects to make anybody a pro-pilot.

Though the Skydio R1 could be directly controlled from a user’s smartphone, it was just as happy being left to make its own decisions. 
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Drones Tags:autonomous, drone, Pilot, robot, self-driving car, Skydio R1, smartphone

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