Market Research Report: Performance Drone Works (PDW)

1. Company Overview

Name and Mission

• Company Name: Performance Drone Works (PDW)

• Mission: To democratize air support to empower and protect those who serve.

Founding and History

• Founded: 2018

• Founders: Performance Drone Works was founded by individuals initially involved in building high-performance racing drones.

Key People

• Ryan Gury: CEO & Co-founder

• Trevor Smith: CSO & Co-founder

• James Slider: President & COO

• Tom Inman: CFO

• Dylan Hamm: CTO

• Chuck McGraw: Chief Revenue Officer

• GEN (RET.) Tony Thomas: Chairman of the Board, Former Commander SOCOM.

Headquarters

• Location: 3414 Governors Drive SW, Suite 350, Huntsville, AL, 35805, USA

Number of Employees

• No information is available

Revenue

• No information is available

Notoriety

• PDW is known for revolutionizing drone technology, particularly small unmanned aerial systems (sUAS) for military and government operations. They hold a world record for the longest endurance quadcopter and possess 20 patents, showcasing their commitment to cutting-edge technology in unmanned aerial systems.

2. Products

C100 System

• Description: The C100 is a world-record-breaking sUAS platform, approved under the Blue UAS program by the Defense Innovation Unit. It is designed for elite warfighters, integrating advanced AI-assisted software and ISR capabilities.

• Key Features:

• Portable and packable for ease of deployment.

• Autonomous functionalities for independent operations, even in contested environments.

• Designed for various applications like defense, surveillance, and other mission-critical tasks.

PDW Anti-Jam Radio

• Description: A next-generation radio system designed to operate in congested and contested radio frequency environments.

• Key Features:

• Contributions to a new era of radio development for defense and small robotics.

3. Recent Developments

New Products and Partnerships

• PDW recently won a contract to supply small drones to the U.S. Army for the Company Level Small UAS requirement, prevailing over established competitors like General Dynamics.

• The C100 has been selected for Tranche 1 of the U.S. Army Directed Requirement for Company Level Small Uncrewed Aircraft System. This involves deployment across various unit elements in contested operational environments.

Recent Appointments

• Chuck McGraw: Appointed as Chief Revenue Officer. Under his leadership, PDW has seen exponential revenue growth and secured substantial contracts with USSOCOM and multiple Department of Defense units.

Strategic Moves

• Expansion of the product and customer portfolio to include the U.S. military and law enforcement agencies.

• The appointment of General (Ret.) Raymond "Tony" Thomas III as Chairman of the Board of Directors to reinforce strategic leadership.

Conclusion

PDW is positioning itself at the forefront of military and defensive drone technology with its innovative solutions like the C100 system. The company's strategic advancements in AI and autonomous capabilities, combined with new leadership, are set to expand its influence within the defense community. While some specific financial metrics and employee details are unavailable, PDW's core mission and continued contractual successes underscore its pivotal role in advancing military aerial support technologies.