$1.2B: Axon invests in Skydio and will distribute its drones to police
Axon adds about 20% to its stake in Skydio and becomes the exclusive distributor of its drones to public safety agencies in the US and Canada.
A company that makes police cameras will put a lot of money into a small drone maker and sell its drones to emergency teams. The drone reaches the scene fast.
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Why it matters
The deal links the best-known first-responder drones with the largest police body-camera supplier, and may speed up dock-launched drones in cities.
Watch: drones that often reach the scene before patrol cars.
The details
- Axon’s new investment is $1.2 billion in cash and Axon stock.
- The pre-money valuation is $5.2 billion.
- Axon becomes the exclusive distributor of Skydio drones to public safety customers in the US and Canada.
- Skydio stays independent and keeps serving other industries.
- The deal is expected to close between Q4 2026 and Q1 2027, subject to usual conditions.
Receipts
One trusted outlet reports it. Not confirmed yet. Open the sources and check us.
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