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Performance Drone Works

Performance Drone Works develops drone solutions for defense and public safety, featuring its C100 quadcopter and advanced mission planning software.

Secondary Market Price

Updated: 
Feb 2026
Current Preferred Price
Date:
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Prospect Projected Preferred
Current FMV
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Prospect Projected FMV
$132M
Company Valuation
Updated: 
Feb 2026
Defense Tech
Industry
Huntsville, AL
Headquarters
2018
Year Founded
210+
Employee Count

How Performance Drone Works Measures Up

To help you manage your Performance Drone Works equity, Prospect has run the company through our machine learning model.

Prospect Rating

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This rating reflects our belief in this company's potential to grow to that many times its current value in 4 years. For an employee with stock, this rating suggests a potential return on equity, but it also comes with some risk.

Exit Risk

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Our rating is a reflection of the likelihood of this company achieving a liquidity event for its employees based on the quality of investors, funding stage, founders, and more.

Funding Stage

Series A

A company’s funding stage reflects how established it is, how quickly it is scaling, and the average impact an employee may have when joining.

Est val $132M
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Feb 6, 2026

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Prospect Projected Future Performance Drone Works Prices

Prospect’s machine learning model has been trained on the same data top-tier investors use to project the likely range of outcomes for Performance Drone Works's equity. Create a free account to view 10th-90th percentile projections over 2, 4, and 6 years.

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Company Description

Performance Drone Works (PDW) designs, manufactures, and deploys advanced unmanned aerial systems for the defense and public safety sectors. Based in Huntsville, Alabama, the company develops products such as the C100 Multi Mission Quadcopter and provides full-stack drone solutions that include software integration with platforms like the Android Team Awareness Kit (ATAK) and operator training. While specific details about its founding date and founders are not publicly available, the company is run by veterans and engineers and leverages its location in a city known for defense and aerospace innovation.

The company's recent activities indicate a focus on expanding its role within U.S. military modernization efforts. In September 2025, PDW was awarded a $20 million contract to support the U.S. Army's 'Transformation in Contact' initiative. The following month, the company announced that a U.S. Air Force unit had purchased its heavy quadcopter drone. Also in October 2025, PDW launched the C100 Multi-Mission Payload Suite, designed to expand the drone's operational capabilities in the field. These developments suggest a continued focus on scaling production and enhancing product features for military applications.

Performance Drone Works Notable Investors

  • Lerer Hippeau
  • Lux Capital
  • RSE Ventures
  • Ondas Holdings Inc.

Performance Drone Works Founders

  • Co-Founder, Ryan Gury
  • Co-Founder, Trevor Smith
  • Co-Founder, Patrick Laney
  • Co-Founder, Matt Higgins

Peer Group Comparison

Vs Peer Group of >$4B Startups

Frequently Asked Questions

Is Anduril worth joining?

Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.

Is Performance Drone Works worth joining?

Evaluating an offer from a private company like Performance Drone Works requires a deep look into the potential future value of its equity. Platforms like Prospect use proprietary data to help you forecast your potential earnings and compare opportunities across different startups.

What should I do with my Performance Drone Works stock?

Deciding what to do with your private stock involves complex tax and financial planning, including when to exercise options or sell shares. Prospect offers customized, multi-year strategies to help you optimize your equity for major life events and minimize your tax burden.

Can you sell Performance Drone Works stock?

As a private company, shares of Performance Drone Works are not publicly traded and can typically only be sold during specific events like a tender offer or on a secondary market. Tools from Prospect can help you analyze tender offers and track secondary market prices to make an informed decision on when to sell.

How can I find the value of my Performance Drone Works stock?

The value of private stock is often determined by its 409A valuation or Fair Market Value (FMV), but its potential future worth is much harder to predict. Prospect uses machine learning models trained on proprietary data to forecast the future value of your private shares and help you understand what your equity could be worth.

What is Performance Drone Works's equity worth?

The worth of equity in a private company like Performance Drone Works is illiquid and can be difficult to determine without access to specialized data. To understand what your stake might truly be worth, Prospect provides data-driven projections based on factors like funding rounds and secondary market prices.

What is Performance Drone Works's stock ticker symbol?

Since Performance Drone Works is a private company, it is not listed on a public stock exchange and therefore does not have a stock ticker symbol. Managing equity in a pre-IPO company presents unique challenges, which is why platforms like Prospect exist to help employees navigate their private shares.

Can I buy or sell Performance Drone Works stock?

Stock in a private company like Performance Drone Works is not available for public purchase, and selling is typically restricted to company-approved liquidity events like tender offers. If you are an employee with equity, Prospect can help you create a strategy for when and how to exercise options or sell shares to maximize your returns.

What is the criteria to buy or invest in Performance Drone Works stock?

Investing in a private company is typically limited to accredited investors during specific funding rounds or to employees who receive equity as part of their compensation. For employees who already hold equity, Prospect provides tools to manage and optimize the value of those holdings.

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