Polar Power Announces Expansion into Drone and Robotics Military Markets as Part of Diversification Strategy
Polar Power announced a diversification strategy into military applications for drones, robotics, and unmanned surface vessels, leveraging its DC power expertise for defense and charging systems. Current active projects include collaborations with the U.S. Navy Warfare Center Dahlgren on drone defense and major defense contractors on autonomous targeting, though sales currently involve limited quantities during field testing.
Key figures
- Typical military contract revenue
- $1M to $1.5M
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