Defense Tech Signals · Capital vs. Contracts Open-source analysis · public data only Data as of Nov 8, 2026 · obligations refresh every other Monday
NatSec100 #16

Skydio

Recipient: SKYDIO, INC · UEI LTBJCLHYL5S9

About $3.88 raised for every $1 obligated. 63% of it came through subawards.

Capital raised
$856.0M
Federal obligations, FY2020–FY2026
$220.4M
Raised per $1 obligated
3.9×
Latest valuation
$4.4B
Series F, Apr 2026

Obligations by fiscal year

$M
6.5 FY20 26.3 FY21 45.9 FY22 38.0 FY23 70.0 FY24 26.9 FY25 6.9 FY26

Prime contracts Other Transactions Subawards FY2027 so far: $1.0M (not in totals)

Contract mix

Prime contracts
$14.3M
Other Transactions
$67.8M
Subawards
$138.3M

Cite this: Defense Tech Signals, "Capital vs. Contracts: Skydio," data as of 2026-11-08, https://data.defensetechsignals.com/c/skydio/.

Coverage: prime contracts, IDVs and grants (USAspending), direct Other Transactions (FPDS) and subawards received, FY2020–FY2026. Not included: consortium OTs, FY 2027 so far, loans and classified work. Capital raised: Compiled from announcements and press (Oct 2026). Obligations last refreshed 11/5/2026.