US drone maker Skydio faces battery squeeze after Chinese sanctions

Quick Summary:

Ten executives were also sanctioned, including Bry and Skydio’s Asia-Pacific General Manager Tom Moss.

While Skydio has a “substantial stock” of batteries on hand, it doesn’t anticipate new sources coming online until spring of next year.

The sanctions, which were imposed on October 10 and included two other companies, were reportedly imposed in retaliation for the U.S.government’s announcement that it would provide additional military assistance for Taiwan.

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Article Details

Author / Journalist: Aria Alamalhodaei

Category: Technology

Markets: United StatesChinaTaiwanUkraine

Topics: Hardware Skydio

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-31 @ 21:32:08 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 475 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 23355242

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