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PDW

400 Diamond Drive NW, Huntsville, Alabama, 35806, United States

Overview

Performance Drone Works (PDW) develops multi-mission aerial robotic systems and operates integrated manufacturing and testing capabilities. PDW combines engineering, flight testing, systems integration, production and fulfillment at Drone Factory 01, its 90,000-square-foot manufacturing facility in Huntsville, Alabama. The company plans to produce domestic components such as propulsion systems, power and control technologies and vision systems and to supply those components to other U.S. manufacturers. PDW aims to strengthen domestic supply chains for unmanned systems and reduce dependence on foreign-controlled components. The company expects the scale-up to initially meet defense requirements and potentially expand into public safety, industrial and commercial markets. Financially, PDW has a conditional loan commitment of up to $820 million from the U.S. Department of War’s Office of Strategic Capital and plans to combine that government financing with additional private capital; the commitment is subject to further due diligence and closing conditions.

Total raised
$930M
Funding rounds
2
Latest round
Debt Financing
Latest activity
Aug 2026

Industries

  • Aerospace
  • Automotive
  • Drones
  • Military
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Recent funding

  1. Debt Financing

    Aug 2026

    $820M

  2. Series B

    Mar 2026

    $110M

Team