Axon Invests $1.2B in Skydio, Becomes Exclusive U.S. Public Safety Drone Distributor

By ASR Newsdesk · 10 Nov 2026, 15:00 UTC

Axon Enterprise Inc. has invested $1.2 billion in Skydio Inc., acquiring a 20% ownership stake and valuing Skydio at $5.2 billion. Axon will serve as Skydio's exclusive distributor for public safety clients in the U.S. and Canada. This partnership aims to expand Skydio drone adoption within public safety agencies and enhance Axon's Drone as First Responder (DFR) program. Skydio plans to use the capital for innovation and product expansion, while Axon anticipates significant market momentum in the DFR sector.