The Trump Administration Is in Talks to Fund U.S. Drone Companies
Neros and Donald Trump Jr.-linked Unusual Machines are among companies in deal talks
The Trump administration is pursuing funding deals with a group of drone companies as part of its effort to increase domestic production and lower the costs of the increasingly vital weapons, people familiar with the matter said.
The potential deals follow months of discussions between a diverse set of private-sector drone companies and the Pentagon, the people said. The discussions have included the Office of Strategic Capital, a lending office set up by the Biden administration to fund companies deemed important to national security supply chains.
🔗SOURCE ➡️ Wall Street Journal
Related: 3/16 — VIDEO | Pentagon AI chief Cameron Stanley demonstrates how Palantir’s AI drone system works.
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READ FULL ARTICLE: This article originally appeared on Wall Street Journal
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