A conditional loan commitment to Performance Drone Works to build high-volume manufacturing of critical drone components (propulsion, power and control, vision systems) for Group 1 and Group 2 aircraft, to be sold to multiple manufacturers. OSC said PDW is one of several component producers receiving commitments under Executive Order 14307.
Office of Strategic Capital: up to $820 million for domestic drone components
A conditional loan commitment to Performance Drone Works to build high-volume manufacturing of critical drone components (propulsion, power and control, vision systems) for Group 1 and Group 2 aircra…