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PDW

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Modular, multi-mission drones for tactical operations.

Huntsville, United StatesFounded 2019Defence
Valuation $500M–1B Last recorded · 2026
Headcount 100–500 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for PDW and the history behind them.

About PDW

PDW (Performance Drone Works) is a defense technology company that designs, engineers, and manufactures American-made unmanned aerial systems (UAS) for military, government, and public safety applications. The company has its origins in the high-performance world of the Drone Racing League, where its founders, including Matt Higgins, Dan Defay, and Ryan Gury, developed advanced racing drones. This expertise attracted the attention of the defense community, leading to the formation of PDW in 2018 to address the demand for high-performance, domestically produced quadcopters tailored for the modern warfighter. The company is headquartered in Huntsville, Alabama, a strategic hub for aerospace and defense. The firm's business model is centered on the direct sale of its advanced drone systems and providing complementary hands-on training and operational support. Its client base includes every branch of the U.S. Military as well as federal, local, and international public safety entities. PDW has secured significant contracts, such as a $20.9 million deal with the U.S. Army for its C100 drone system as part of the Transformation in Contact (TiC) initiative. Financially, PDW is backed by substantial venture capital, having raised over $110 million in a Series B funding round in March 2026, which valued the company at $1.2 billion. Key investors include Ondas, Booz Allen Hamilton, and Hanwha Asset Management. PDW's product portfolio is designed for multi-mission capabilities in contested environments. The flagship C100 platform is a rucksack-portable quadcopter system known for its endurance of over 70 minutes and its ability to carry a nine-pound modular payload. These payloads can be configured for advanced surveillance, electronic warfare, and kinetic strike capabilities. Another key product is the Attritable Multirotor, a strike drone engineered for mass production and deployment in harsh conditions, capable of delivering both anti-personnel and anti-material effects. The ecosystem is supported by proprietary software, including the PDW CORE for mission planning and the PDW SIM for flight simulation. To bolster its technological edge, particularly in electronic warfare, PDW acquired Vanteon in 2026, an engineering firm specializing in advanced radio frequency systems and software-defined radios.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
Huntsville, United States
Employees
375
Open positions
81
Dealroom signal
95.3/100
Industry
Security
Sub-industry
Public safety
Sector
Defence, Camera Surveillance, Military, Surveillance, Drones, Aviation and Aerospace, Aerial Drones, Uav, Unmanned Aerial Vehicles
Technology
Artificial Intelligence, Hardware, Deep Tech
Business model
Manufacturing
Client focus
b2b
Investment activity
1 company, latest Jun 2026
Capital deployed
—
Preferred round
ACQUISITION

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BOther financing Mar 2026 $110M $440M Booz Allen Hamilton · Hanwha Asset Management · Hood River Capital Management · Cedar Pine ↗
SERIES AOther financing Mar 2025 $16M $132M Squadra Ventures ↗
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

PDW website traffic

Latest recorded traffic for PDW is 9.4K monthly website visits, down 6% over the last three months. PDW's team grew 27.6% over the past year.

Latest monthly visits9.4K 3-month web change-6% 1-year team growth+27.6%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A6 investors entered at this stage

  • Squadra Ventures
  • Ondas Holdings
  • Booz Allen Hamilton
  • Hanwha Asset Management
  • Hood River Capital Management
  • Cedar Pine
Team profiled 13 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 8 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States99%
🇸🇬 Singapore0.5%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about PDW on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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