Skydio
Skydio

Skydio

A leading drone manufacturer

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Skydio Inc. makes autonomous drones that can fly themselves through obstacles using artificial intelligence and computer vision.

About

Skydio is the leading U.S. drone manufacturer and world leader in autonomous flight. Skydio’s computer vision technology allows drones to use real-time 3D mapping and plot intelligent paths.

The company was founded in 2014 by MIT graduates in Redwood City, CA. In 2018, Skydio introduced the R1 drone to consumers which was recognized as the world’s first fully autonomous unmanned aerial vehicle. It had multiple onboard cameras and could fly and avoid obstacles on its own. In 2019, the company launched the Skydio 2 drone, priced at more than half of the R1’s price and boasting improved autonomous tracking and video capabilities. The company's flagship product, the X2, is equipped with seven cameras, 100x zoom, and night vision.

Skydio’s unique technologies have enabled several companies using its drones to obtain waivers for conducting BVLOS operations.

Why Skydio Is on Our List

Frost & Sullivan, a leader in global research and consulting solutions, recognized Skydio as Company of the Year 2021 and named it the fastest-growing small UAS manufacturer in the world. The experts identified autonomy and AI as the two main technologies that will drive commercial drone adoption in the future and Skydio is at the forefront of both.

Skydio's American origins allow the company to work with government agencies. Its customers include the U.S. Army, the Drug Enforcement Administration, local police agencies, and the North Carolina Department of Transportation.

The company has raised a total of $340M in eight rounds and was valued at $1B in March 2021 in a Series D round. The company is backed by top investors and strategic partners including Andreessen Horowitz, Linse Capital, Next47, IVP, Playground, NVIDIA, and UP.Partners.

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Past Performance. Past performance is no guarantee of future results. Any forecasts are inherently limited and should not be regarded as indicators of actual or future results.

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