California drone maker to spend billions of dollars as it expands manufacturing in the state

California drone maker to spend billions of dollars as it expands manufacturing in the state

A Californian drone manufacturer plans to pour billions of dollars into the defense technology industry, which is booming in the state. The San Mateo-based company, Skydio, will invest $3.5 billion in domestic manufacturing over the next five years, the company announced Friday. Defense technology operations, along with aerospace and artificial intelligence, have flocked to California, … Read more