Trump administration in talks to fund US drone companies, WSJ reports
The Trump administration is reportedly in discussions to fund several U.S. drone companies, including Unusual Machines and Neros. This initiative aligns with President Trump's emphasis on drone dominance in his defense budget for fiscal year 2027. The talks involve potential funding mechanisms that may include government ownership stakes in these companies.
- ▪The Trump administration is considering funding for drone companies as part of its defense strategy.
- ▪Unusual Machines and Neros are among the companies being discussed for financial support.
- ▪The funding discussions involve a mix of debt and equity options that could lead to government ownership stakes.
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Trump administration in talks to fund US drone companies, WSJ reportsSign up now: Get ST's newsletters delivered to your inboxFILE PHOTO: The Pentagon logo is seen behind the podium in the briefing room at the Pentagon in Arlington, Virginia, U.S., January 8, 2020. REUTERS/Al Drago/File PhotoPublished May 28, 2026, 10:24 AMUpdated May 28, 2026, 10:24 AMMay 27 - The Trump administration is in talks to provide funding to some drone companies, including Unusual Machines and Sequoia Capital-backed Neros, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.Drone dominance was described as a "presidential priority" in President Trump's $1.5 trillion defense budget request for fiscal year 2027.Months-long discussions between private sector firms and the Pentagon…
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