Performance Drone Works (PDW)
Designs and manufactures the C100 multi-mission quadcopter and FPV strike drones for the US Army at its Huntsville drone factory.
US Army Puma UAS in flight over Grafenwoehr, Germany. Photo: U.S. Army photo by Spc. Orion Magnuson, Public domain (PD-USGov-Military-Army).
Funding history
| Date | Round | Amount |
|---|---|---|
| Mar 2026 | Series B | $110M |
Why it matters
Won three Army Transformation in Contact awards, most recently $20.9M for the C100; opened the 90,000 sq ft Drone Factory 01 in Huntsville in August 2025.
Is Performance Drone Works (PDW) publicly traded?
Performance Drone Works (PDW) is privately held as of November 14, 2026: there is no ticker and no announced IPO. Shares are not available on public exchanges.
Information only, not investment advice.
Some figures rest on a single report. Treat them as indicative.Last verified November 14, 2026
Performance Drone Works (PDW): key questions
What does Performance Drone Works (PDW) do?
Designs and manufactures the C100 multi-mission quadcopter and FPV strike drones for the US Army at its Huntsville drone factory.
What does Performance Drone Works (PDW) make?
Products named by Performance Drone Works (PDW) include C100.
Where is Performance Drone Works (PDW) based?
Performance Drone Works (PDW) is headquartered in Huntsville, Alabama. It was founded in 2018.
How much funding has Performance Drone Works (PDW) raised?
A cumulative total is not disclosed. The latest round was: Series B, $110M, Mar 2026.
Who are Performance Drone Works (PDW)'s investors?
Notable investors include Ondas Holdings, Hanwha Asset Management, Booz Allen Ventures, Squadra Ventures.
Is Performance Drone Works (PDW) publicly traded?
Performance Drone Works (PDW) is privately held as of November 14, 2026: there is no ticker and no announced IPO. Shares are not available on public exchanges.
Can you buy Performance Drone Works (PDW) stock?
Not on a public exchange: Performance Drone Works (PDW) is a private company. Shares of private companies change hands only in private transactions open to accredited investors, when the company allows it. This is not investment advice.
Sources
- defensedaily.com/pdw-raises-110-million-to-expand-offerings-increase-drone-production
- newmarketpitch.com/blogs/news/defense-tech-list-deals
Figures come from company announcements, government sources and press reports. Spot an error? Send a correction. Nothing here is investment advice.
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