CHIP YATES
FOUNDER, CEO
SILENT ARROW
WHY: Makes cargo delivery drones for military and humanitarian uses.
IN THE NEWS: Company received a $1.25M U.S. Air Force contract to develop and test-fly its next model. Contract was awarded by AFWERX, the innovation arm of the Air Force.
NOTABLE: The CLS-300 one-way drone will deliver 1K pounds of cargo at distances ranging from 345 miles to 575 miles in risky and hostile environments, using its own motor power and propeller to increase its usefulness.
QUOTABLE: “It’s great to see product line growth driven directly by the emerging needs of today’s warfighter,”
