Skydio

Skydio is an American manufacturer of drones headquartered in San Mateo, California. In March 2021, the company became a unicorn, becoming the first US drone manufacturer to exceed $1 billion in value.[1][2] [3] On February 27, 2023 Skydio's valuation increased to $2.2 billion after an additional $230 million funding round.[4]

Skydio
TypePrivate
Industry
Founded2014 (2014)
FounderAdam Bry, Abe Bachrach and Matt Donahoe
Headquarters
San Mateo, California
,
United States
Key people
ProductsUnmanned aerial vehicles
Websitewww.skydio.com

History

Skydio was founded in 2014 by Adam Bry, Abe Bachrach and Matt Donahoe, all of whom had studied at the Massachusetts Institute of Technology.[5]

Adam Bry and Abe Bachrach were in the robust robotics program, researching ways to build aircraft that could fly themselves without GPS, culminating in a fixed wing drone with a laser range finder that autonomously navigated its way around a parking lot. In 2012, Bry and Bachrach helped develop autonomous-control algorithms that could calculate a plane's trajectory and determine its "state" — its location, physical orientation, velocity, and acceleration.[6] After graduation, in 2012, Bry and Bachrach took jobs in industry, landing at Google's Project Wing an autonomous drone project for Google. Seeing a need for autonomy in drones, in 2014, Bry, Bachrach, and Donahoe founded Skydio to fulfill a vision that drones can have enormous potential across industries and applications.[7] Early investors included venture capitalist Andreessen Horowitz.[8]

Skydio X2 drone
The Skydio X2 uses the same Skydio Autonomy engine with 6 navigation cameras located on the outside of the drone but now with a thermal camera,[9] 35 min flight time, range, and foldable.The X2 platform offers a 14° to 109°F temperature operating range. Additionally this drone has increased supply chain security with its NDAA[10] compliant certification allowing it to be used at the Federal level.

Products

Skydio R1

In 2018, the company introduced its first consumer product with the Skydio R1, which cost $2,500. The Skydio R1 had 12 cameras around the body of the drone and a gimbal stabilized 4K main camera. The drone had subject follow mode and obstacle avoidance.[11] The R1 was powered by a Nvidia Jetson on-board computer.[12] Controlling the R1 was done from the Skydio app, using on-screen height and directional toggles.

Skydio 2

The Skydio 2 model came out a year later in October, 2019 and was priced much lower at $999.[13] Skydio 2 combined better obstacle avoidance, a smaller form factor and had 6 navigation cameras instead of 12 compared against the R1. The Skydio 2 also had a gimbal stabilized main camera that was capable of 4K at 60 frames per second, 3.5 kilometers of wireless range, and a 23 minute flight time. The Skydio 2 was powered by the NVIDIA Jetson TX2 and it could be flown by the Skydio controller, Skydio Beacon, or with the Skydio app.[14]

Skydio X2

In 2020, Skydio announced it would design a drone for military and corporate use, which would be named the X2.[13] The third-generation drone from Skydio had folding arms, a thermal camera, and a new touchscreen controller.[15] Flight time was improved from the previous generation to 35 minutes and on the front, there's a 12-megapixel 4k color camera and a 320 x 256 resolution FLIR Boson thermal camera for seeing heat.[16]

Skydio X10

The Skydio X10 is a professional autonomous drone announced in September 2023 at the Skydio Ascend conference[17]. It is designed for a wide range of applications, including public safety, inspection, and mapping.

The X10 introduces a number of new features and improvements over previous Skydio drones, including:

High-resolution cameras: The X10 is equipped with custom-designed high-resolution cameras, including a 64MP narrow camera, a 48MP zoom camera capable of reading license plates at 800 feet, a 50MP wide field of view camera for detecting minute details like 0.1 mm cracks in concrete, and a 640x512 Teledyne FLIR Boson+ radiometric thermal camera for measuring temperature differences during inspection missions or finding a missing person in total darkness.

AI-powered autonomy: The X10 is powered by the NVIDIA Jetson Orin processor, which gives it 10x more compute power and 10x higher-fidelity custom-designed navigation cameras than the previous generation. This allows the X10 to navigate with more confidence, avoiding thinner obstacles, in more challenging conditions. The all-new NightSense enables autonomous flight in zero-light environments, so operations can run 24x7. The all-new X10 Spatial AI engine enables real-time environment mapping and fully automated modeling at the edge with 3D Scan and Onboard Modeling.

Versatile airframe: The X10's airframe is open and modular, featuring four payload bays, replaceable gimbal sensor packages, and an IP55 weather resistance rating. It also includes Skydio Connect, which offers connectivity options for a redesigned point-to-point link, a multi-band radio designed for contested and jammed environments, and a 5G radio for infinite range wherever there is cellular coverage. The X10 is also highly portable, capable of going from folded up in a backpack to in the air in less than 40 seconds.

Government Programs

The U.S. Army Short-Range Reconnaissance (SRR) Program

In February 2022 Skydio won the US Army SRR program production agreement. This contract has a first year value of $20.2 million and a total value of $99.8 million over 5 years.[18] The Skydio X2D (RA-28A) was integrated into the Army at the platoon level.[19] The SRR program, which is described by the service as an effort to develop an inexpensive, rucksack-portable, vertical take-off and landing (VTOL) small unmanned aircraft to provide rapidly deployable intelligence, surveillance, and reconnaissance (ISR) capabilities.[20]

Funding

Series E

Skydio announced a $230 million Series E that fund-raised round and the construction of a new manufacturing facility in America. The company said that it has seen a 30x growth over the last three years and is now the largest drone manufacturer in the United States. The announcement was made on February 7, 2023. The Series E round was led by Linse Capital, with participation from existing investors Andreessen Horowitz, Next47, IVP, DoCoMo, Nvidia, Lockheed Martin, Walton Family Foundation and UP.Partners. Hercules Capital, and Axon, the company behind the Taser and police body cameras, also invested in Skydio. The company claims that its drones are used in every branch of the U.S. Department of Defense, by over half of all U.S. State Departments of Transportation and by more than 200 public safety agencies in 47 states.[21][22][23]

References
  1. "Autonomous drone maker Skydio raises $170M led by Andreessen Horowitz". TechCrunch. March 2021. Retrieved 2021-08-31.
  2. "American company Skydio becomes first U.S. drone company to reach $1 billion valuation". CNBC. 2021-03-11. Retrieved 2021-08-31.
  3. On February 27, 2023 Skydio's valuation increased to $2.2 billion after an additional $230 million funding round and the construction of a new manufacturing facility in Hayward, California
  4. Burns, Matt (2023-02-27). "Skydio soars to a $2.2 billion valuation after raising $230M Series E". TechCrunch. Retrieved 2023-07-18.
  5. Manjoo, Farhad (13 February 2018). "The Autonomous Selfie Drone Is Here. Is Society Ready for It?". The New York Times.
  6. "The Autonomous 'Selfie Drone'". cacm.acm.org. Retrieved 2021-09-16.
  7. "The autonomous "selfie drone"". MIT News | Massachusetts Institute of Technology. Retrieved 2021-09-16.
  8. Popper, Ben (2015-01-15). "Meet the tiny startup building self-navigating drones". The Verge. Retrieved 2021-08-31.
  9. "Skydio X2 FLIR Thermal Drone Palette Options". www.skydio.com. Retrieved 2022-10-19.
  10. "DIU's first wave of policy compliant commercial drones". www.diu.mil. Retrieved 2022-10-19.
  11. "Skydio R1". Drone Rush. Retrieved 2023-07-18.
  12. kangalow (2018-02-14). "Skydio R1 - Jetson TX1 Based Self-Flying Camera". JetsonHacks. Retrieved 2023-07-18.
  13. French, Sally (2019-10-05). "The Skydio 2 is here - and it costs less than $1,000". The Drone Girl. Retrieved 2023-07-31.
  14. "Inception Spotlight: New Skydio 2 Drone Powered by NVIDIA Jetson". NVIDIA Technical Blog. 2019-10-01. Retrieved 2023-07-18.
  15. "Skydio X2 Drones Get Folding Body, Thermal Camera, Longer Flight And A New Controller". SlashGear. 2020-07-13. Retrieved 2023-08-02.
  16. "Skydio X2 Autonomous Drone - Skydio Inc". www.skydio.com. Retrieved 2023-08-02.
  17. "Ascend 2023: Unveiling Skydio X10". www.skydio.com. Retrieved 2023-10-25.
  18. McNabb, Miriam (2022-02-09). "Skydio Wins US Army SRR Program Production Agreement". DRONELIFE. Retrieved 2022-07-26.
  19. Helfrich, Emma (2022-12-07). "Army Fields Its New RQ-28A Quadcopter Recon Drone (Updated)". The Drive. Retrieved 2023-08-02.
  20. "New short range reconnaissance capability begins fielding to Soldiers". www.army.mil. Retrieved 2023-08-02.
  21. "Skydio soars to a $2.2 billion valuation after raising $230m Series E . The company says it is seen". www.selligence.com. Retrieved 2023-03-16.
  22. Burns, Matt (2023-02-27). "Skydio soars to a $2.2 billion valuation after raising $230M Series E". TechCrunch. Retrieved 2023-03-16.
  23. "Skydio Raises $230M in Series E Funding Round, Becomes Largest US Drone Manufacturer". www.skydio.com. Retrieved 2023-03-16.


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