US banned DJI but China controls 90% of rare earth magnets and 99% of drone batteries needed to replace it

Skydio, the largest American drone manufacturer, announced in late April that it would invest $3.5 billion over five years to expand US drone production, open a factory five times larger than its current facility, create more than 2,000 direct jobs and 3,000 supplier jobs, and build a domestic component supply chain through an initiative it […] This story continues at The Next Web