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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 5%

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

Compare Performance Drone Works with similar companies based on industry and business-model similarity.

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.

  • Jul 27, 2026

    Open roles increased to 192, 51% of headcount.

  • Jun 23, 2026

    Hiring engineering talent for a new Boston team.

Recent news

Latest coverage and updates

  • attends_eventSep 17, 2026

    Performance Drone Works, LLC attended event Red Wine & Blues event on Sep 15th '26.

  • opens_new_locationSep 2, 2026

    Performance Drone Works, LLC opened new location in Boston, Massachusetts, United States, Northern America, Americas on Sep 2nd '26.

  • expands_offices_toSep 2, 2026

    Performance Drone Works, LLC will expand offices to Boston, Massachusetts, United States, Northern America, Americas on Oct 1st '26.

  • expands_offices_toSep 2, 2026

    Performance Drone Works, LLC expanded offices to Denver, Colorado, United States, Northern America, Americas on Jun 1st '26.

  • opens_new_locationSep 2, 2026

    Performance Drone Works, LLC opened new location in Denver, Colorado, United States, Northern America, Americas on Sep 2nd '26.

Performance Drone Works Filings

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Performance Drone Works filings preview — column headings only; records require access
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Frequently Asked Questions

Common questions about Performance Drone Works's valuation, stock price, and market status.

Is Performance Drone Works a public or private company?

Performance Drone Works is a private company.

What is the current stock price of Performance Drone Works?

Performance Drone Works is a private company with no public stock price. No recent secondary market data is available.

How much is Performance Drone Works worth (valuation)?

Performance Drone Works's valuation is estimated at $1.2B based on funding round data.

Can I buy Performance Drone Works stock?

Performance Drone Works shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Performance Drone Works's last funding round?

Performance Drone Works's most recent funding round was Series B on March 25, 2026.

Who are the main investors in Performance Drone Works?

Key investors in Performance Drone Works include Squadra Ventures.

Will Performance Drone Works IPO soon?

No public IPO plans have been announced for Performance Drone Works.

How can I track Performance Drone Works secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Performance Drone Works's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersHuntsville, Alabama
Employee Range236
Year Founded2020
Last FundingMar 25, 2026

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