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Drone manufacturer Skydio raises $170 million extension round 

  • American drone manufacturer Skydio has raised an extension round of $170 million.
  • The funding includes strategic investors like KDDI and Axon, as well as previous investors.
  • Skydio aims to diversify revenue and reach profitability through enterprise and public safety customers.
  • Skydio's future relies on hardware releases and competing with rivals like Brinc and DJI.

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