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Axon to invest $1.2 billion to acquire 37% stake in Skydio

The Motley Fool +1 · ·by G4L

AXON
AXON Axon Enterprise Inc
$302.54 -0.21%
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  1. 1Axon announced a $1.2 billion investment to acquire a 37% stake in Skydio.
  2. 2Axon recorded $130 million in deferred revenue for 2026 due to federal contract delays.
  3. 3Axon added more than $100 million in inventory during the third quarter.

So what's the key point?

Axon decided to invest $1.2 billion to buy a 37 percent stake in Skydio. Because government contracts were delayed, $130 million in revenue was pushed to the following year.

Source The Motley Fool +1 · View original ↗

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