Performance Drone Works said it would consequently expand product offerings, strengthen its engineering capabilities and scale up production.

A drone manufacturer based in Huntsville, Alabama has raised over $110 million from investors, following its latest funding round. Performance Drone Works said it would consequently expand product offerings, strengthen its engineering capabilities and scale up production. “PDW designs and manufactures at the scale and speed required to meet the demands of today’s rapidly evolving battlefield,” CEO James Slider, said in a March 25 statement. “Mission-ready small UAS [unmanned aircraft system] technology is a national security imperative. Our adversaries have proven what’s possible when drone technology is engineered, manufactured, and deployed at scale. “The United States cannot afford to fall behind or rely on foreign supply chains,” he added. “We are investing in expanded production capacity and a U.S.-anchored supply chain to ensure resilient, domestically built systems delivered at the highest level.” The latest funding round was led by Ondas, whose CEO, Eric Brock, stated, “PDW isn’t just building better drones but a domestic production base to meet our nation’s growing demand. “Their proven technology in real-world environments, growing manufacturing capabilities, and unwavering commitment to mission performance are raising the bar for industry expectations, and we’re proud to work alongside them.”

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