Skydio's $3.5B SkyForge Drone Commitment

On April 23, 2026, Skydio closed a $110 million Series F at a $4.4 billion valuation, and the following day committed $3.5 billion to expanding American drone manufacturing under a programme called SkyForge. The paired announcements arrived four days after the Pentagon's $75 billion FY27 drone budget request. Together they define the demand and supply sides of the most consequential structural shift in the American autonomous systems industrial base.