Several U.S. drone firms made their debut at the Singapore Airshow this week, seeking to expand their business beyond the Pentagon into Asia, where countries are increasingly concerned about the threat posed by China’s military build-up.
The lethal success of drones on both sides of Russia’s war in Ukraine has sparked a surge of Silicon Valley investment in drone and military artificial intelligence startups, boosting the valuations of U.S. firms like California-based Anduril Industries and Shield AI.