Three years ago, Customs and Border Protection placed an order for self-flying aircraft that could launch on their own, rendezvous, locate and monitor multiple targets on the ground without any human intervention. In its reasoning for the order, CBP said the level of monitoring required to secure America's long land borders from the sky was too cumbersome for people alone. To research and build the drones, CBP handed $500,000 to Mitre Corp., a trusted nonprofit Skunk Works that was already furnishing border police with prototype rapid DNA testing and smartwatch hacking technology. They were "tested but not fielded operationally" as "the gap from simulation to reality turned out to be much larger than the research team originally envisioned," a CBP spokesperson says. This year, America's border police will test automated drones from Skydio, the Redwood City, Calif.-based startup that on Monday announced it had raised an additional $170 million in venture funding at a valuation of $1 billion. That brings the total raised for Skydio to $340 million.

Three years ago, Customs and Border Protection placed an order for self-flying aircraft that could launch on their own, rendezvous, locate and monitor multiple targets on the ground without any human intervention. In its reasoning for the order, CBP said the level of monitoring required to secure America's long land borders from the sky was too cumbersome for people alone. To research and build the drones, CBP handed $500,000 to Mitre Corp., a trusted nonprofit Skunk Works that was already furnishing border police with prototype rapid DNA testing and smartwatch hacking technology. They were "tested but not fielded operationally" as "the gap from simulation to reality turned out to be much larger than the research team originally envisioned," a CBP spokesperson says. This year, America's border police will test automated drones from Skydio, the Redwood City, Calif.-based startup that on Monday announced it had raised an additional $170 million in venture funding at a valuation of $1 billion. That brings the total raised for Skydio to $340 million.

Three years ago, Customs and Border Protection placed an order for self-flying aircraft that could launch on their own, rendezvous, locate and monitor multiple targets on the ground without any human intervention. In its reasoning for the order, CBP said the level of monitoring required to secure America's long land borders from the sky was too cumbersome for people alone. To research and build the drones, CBP handed $500,000 to Mitre Corp., a trusted nonprofit Skunk Works that was already furnishing border police with prototype rapid DNA testing and smartwatch hacking technology. They were "tested but not fielded operationally" as "the gap from simulation to reality turned out to be much larger than the research team originally envisioned," a CBP spokesperson says. This year, America's border police will test automated drones from Skydio, the Redwood City, Calif.-based startup that on Monday announced it had raised an additional $170 million in venture funding at a valuation of $1 billion.

In 2019, drone startups raised a record $1.2 billion in funding, according to Drone Industry Insights. It's a different story in 2020: Through mid-August, only about $240 million in disclosed capital has flowed into private companies, based on public data. It seems the investment side of the industry has hit a lull if not outright slump. Further evidence: Chinese drone manufacturer DJI, which owns more than 75% of the consumer drone market, has been shedding staff in a major reorganization for the last few months. That makes the $100 million mega-round picked up by Skydio in April all the more noteworthy.

Skydio, a startup that makes autonomous drones that fly themselves with little human intervention, is entering the commercial drone market with its new X2 model. The X2 is Skydio's first non-consumer device and it's marketed toward government agencies, the military, and other organizations that require aerial surveillance or surveying, with its own built-in infrared thermal camera. The X2 announcement coincides with Skydio's new round of $100 million in funding, led by German multinational company Siemens' Next47 firm. Skydio first entered the market a little more than two years ago with the Skydio R1. The R1 was an autonomous drone that sported impressive artificial intelligence-powered obstacle avoidance and other sensors and software features that let it seamlessly fly itself through complex outdoor environments like wooded trails while following subjects.