Why The Inventor Of The Predator Drone's Electric Aircraft Startup Is Stumbling
- 2 months ago
The legendary ‘Dronefather’ Abraham Karem’s company Overair is running short on money and workers are out en masse, Forbes has learned.
In the early 1990s, Abraham Karem developed the Predator drone, a deadly aircraft that transformed modern warfare and birthed a market estimated to be $14 billion this year. For the past 30 years, the “dronefather” has been hard at work with Pentagon funding on his second act: technology to make more efficient, longer-flying helicopters and other rotorcraft.
Read the full story on Forbes: https://www.forbes.com/sites/jeremybogaisky/2024/03/14/why-the-inventor-of-the-predator-drones-electric-aircraft-startup-is-stumbling/?sh=35dc2f976737
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In the early 1990s, Abraham Karem developed the Predator drone, a deadly aircraft that transformed modern warfare and birthed a market estimated to be $14 billion this year. For the past 30 years, the “dronefather” has been hard at work with Pentagon funding on his second act: technology to make more efficient, longer-flying helicopters and other rotorcraft.
Read the full story on Forbes: https://www.forbes.com/sites/jeremybogaisky/2024/03/14/why-the-inventor-of-the-predator-drones-electric-aircraft-startup-is-stumbling/?sh=35dc2f976737
Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1
Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:
https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript
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Forbes newsletters: https://newsletters.editorial.forbes.com
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Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.