The US Department of Defense’s Office of Strategic Capital (OSC) has issued a conditional loan commitment of up to $820 million to Performance Drone Works (PDW). The funding is intended to expand domestic manufacturing of critical components for unmanned aerial systems.
When combined with private investment, the financing will support higher production of drone propulsion systems, power-control equipment, and vision technology. The initiative will build on PDW’s existing 90,000-square-foot (8,361-square-meter) facility in Huntsville, Alabama.
The expanded operation is expected to create additional manufacturing capacity for PDW as well as local industry partners. The initiative reflects continued efforts to strengthen domestic production of strategically important UAS components and reduce reliance on vulnerable supply chains.
