Trump administration in talks to fund US drone companies, WSJ reports
The Trump administration is reportedly in discussions to fund several US drone companies, including Unusual Machines and Neros. These talks may involve the government acquiring ownership stakes in these firms as part of a broader strategy to enhance national security. The funding discussions are linked to President Trump's defense budget request, which emphasizes drone technology as a priority.
- ▪The Trump administration is considering funding for drone companies as part of its defense strategy.
- ▪Discussions include potential government ownership stakes in the companies involved.
- ▪Unusual Machines and Neros are among the firms being considered for funding.
Opening excerpt (first ~120 words) tap to expand
Trump administration in talks to fund US drone companies, WSJ reportsSign up now: Get ST's newsletters delivered to your inboxSome proposals being discussed could give the US government ownership stakes in the companies.PHOTO: REUTERSPublished May 28, 2026, 10:24 AMUpdated May 28, 2026, 10:47 AMListenThe Trump administration is in talks to provide funding to some drone companies, including Unusual Machines and Sequoia Capital-backed Neros, the Wall Street Journal (WSJ) reported on May 27, citing people familiar with the matter.Drone dominance was described as a “presidential priority” in US President Donald Trump’s US$1.5 trillion (S$1.92 trillion) defence budget request for fiscal year 2027.Months-long discussions between private sector firms and the Pentagon have included the Office of…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Straits Times — World.