Bond.az reports that the Trump administration is pursuing funding deals with a group of drone companies as part of an effort to increase domestic production and lower costs of the weapons.
The potential deals follow months of discussions between private-sector drone companies and the Pentagon. The discussions have included the Office of Strategic Capital, a lending office established by the Biden administration to fund companies considered important to national security supply chains.
Companies the Pentagon has identified for possible funding include Performance Drone Works, which secured a contract to supply the Army with reconnaissance drones, Unusual Machines, a drone components supplier that counts Donald Trump Jr. as a shareholder, and Neros Technologies, a Sequoia Capital-backed startup building small first-person view drones.
