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Performance Drone Works

Performance Drone Works

Private
Huntsville, AlabamaFrontier & Industrial Techhttps://www.pdw.ai/

Last Round

Series B

Mar 25, 2026

Est. Valuation

$1.2B

Total Funding Raised

$135M

Momentum

Top 10%

of companies Caplight tracks

Company Overview

Performance Drone Works is an aerospace and defense company that develops and manufactures high-performance autonomous drones for mission-critical civilian and military applications.

Sector

Frontier & Industrial Tech

Verticals

Defense Tech, Drones & UAVs, Aviation & Drones

Business Model

B2G

Customer Profile

Hardware Sales, Government Contracts

AI Layer

Application

Keywords

unmanned aerial systemsUASdefense techtactical dronesdrone warfareintelligence surveillance and reconnaissanceISRautonomous dronesvision-based navigationGPS-denied navigationdefense contractingmilitary dronesflight control softwaredual-use technologyheavy-lift drones

Historical Pricing

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Caplight Momentum Score

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Performance Drone Works Comparables

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Performance Drone Works comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
XTend
83%
Red Cat Holdings
83%
Shield AI
82%

Performance Drone Works Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series BMar 25, 2026
Series AMar 25, 2025
SeedMar 8, 2024

Key People

Founding team and executive leadership

Ryan Gury

CIO Co-Founder

Founding Team

James S.

Chief Executive Officer

Executive Team

Dylan Hamm

Chief Technology Officer

Executive Team

Alok Gupta

Chief Financial Officer

Executive Team

Performance Drone Works Investors

Notable investors and investment history

Performance Drone Works investors
InvestorRounds
GaingelsSeries B
Hanwha Asset ManagementSeries B
Lux CapitalSeries B, Seed
Cedar PineSeries B
Squadra VenturesSeries A
Hood River Capital ManagementSeries B
RSE VenturesSeries B, Seed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 25, 2026

    $110M round led by Ondas Holdings Inc.

  • Mar 8, 2024

    $9M round led by Lux Capital and RSE Ventures.

Performance Drone Works Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Performance Drone Works Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersHuntsville, Alabama
Employee Range375
Year Founded2020
Last FundingMar 25, 2026

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