Home Technology Axon invests $1.2 billion more in drone maker Skydio, lowers annual revenue growth forecast

Axon invests $1.2 billion more in drone maker Skydio, lowers annual revenue growth forecast

Axon invests $1.2 billion more in drone maker Skydio, lowers annual revenue growth forecast

Written By:
Published: November 6, 2026 03:44:26 IST

Add NewsX As A Trusted Source

Nov 5 (Reuters) – TASER maker Axon Enterprise said on Thursday it would invest an additional $1.2 billion in drone maker Skydio and become its exclusive distributor in the US and Canada. The deal

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

RELATED News

India flags Chinese-linked AI tools in hacking campaign against financial firms

Binance hack prompted US regulators to check in on bank systems, sources say

Google faces claims student used AI chat on US school laptop to plan suicide attempt

Google plans $17 billion Wyoming data center amid rising threats of curbs

Gathering AI storm clouds doom tech stocks to darkest day in a year

LATEST NEWS

Phones 'explode' on Wall Street as 'steamroller' shows up for the AI trade

Fritz sets up Alcaraz quarter final in Paris

UPDATE 2-California governor to grant clemency to all 548 death row inmates in state

Comedian Russell Brand found guilty of rape

Audi may boost size of new US auto plant by $3 billion, add 3,000 jobs

Fritz sets up Alcaraz quarter final in Paris

IREN EXEC: OUR PLANNED CAPEX FOR THE REMAINDER OF THE FISCAL YEAR IS APPROXIMATELY $15 BILLION – CONF CALL

Comedian Russell Brand found guilty by UK court of rape and sexual assaults

Axon invests $1.2 billion more in drone maker Skydio, lowers annual revenue growth forecast

Fritz sets up Alcaraz quarter final in Paris

Follow Us

NewsX is India’s fastest growing English News Channel and enjoys highest viewership and highest time spent amongst educated urban Indians.

TOP CATEGORIES

QUICK LINKS

Follow Us

NewsX is India’s fastest growing English News Channel and enjoys highest viewership and highest time spent amongst educated urban Indians.

TOP CATEGORIES

Group Websites

QUICK LINKS