Latest Performance Drone Works News & Updates

See the latest news and media coverage for PDW. We track all announcements, press releases, and industry mentions in real time, all in one place.

Performance Drone Works (PDW)

Defense and public safety aerial robotics company

pdw.ai

Headquarters: Huntsville, United States
Founded year: 2018
Company type: Private company
Number of employees: 350–500
Industry: Aerospace & Defense

Last updated Today

Latest news about Performance Drone Works (PDW)

In short: PDW secured an $820M conditional War Department loan and $110M Series B, expanding drone production, facilities, and Army contracts.

Company announcements

Yesterday PDW

PDW hires Shawn Hall as Chief Revenue Officer

The former Naval aviator and aerospace executive joins to lead global revenue strategy and support the mission for decisive airpower.

September 2 PDW

PDW opens new engineering offices in Denver and Boston

The facilities strengthen collaboration between design teams and Alabama manufacturing while accelerating prototype development for defense unmanned systems.

July 31 PDW

PDW receives conditional $820M US War Department loan

The funding would support domestic production of critical drone components and reduce reliance on foreign-controlled supply chains.

June 24 PDW

PDW completes acquisition of Vanteon

The deal adds 40 engineers and expands communications engineering capabilities.

Media coverage

August 19 Aviation Tech Today

PDW Eyes Supplying Parts To Support U.S. Production Of One Million Drones Annually

Performance Drone Works (PDW), which last week received a conditional loan commitment from the Defense Department to ...

August 4 MSN

The Pentagon injects hundreds of millions to shield the drone industry: its objective is most ambitious

Military technology...

August 3 腾讯网

Not buying complete machines, only making parts, 820 million to leverage the entire supply chain, how ruthless is this Pentagon move?

It is worth noting that this $820 million loan commitment has not yet been finalized. PDW still needs to meet financial, legal, technical and other due diligence requirements before the funds can actually be in place. As analysts have said, this week's Pentagon actions on drones are $500 million for shooting down drones (counter-drone contracts) plus $820 million conditional commitment for manufacturing parts—one addresses the immediate threat, the other is betting on the future supply chain...

August 2 Israel Defense

The United States invests $820 million in expanding local drone production

The U.S. government is working to significantly expand the domestic manufacturing base for unmanned aerial vehicles, in order to strengthen the country's technological and industrial independence.

Never miss news about PDW

Track PDW and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.

PDW competitors & trending companies

Browse news for competitors to PDW and other trending companies.