Why The Inventor Of The Predator Drone's Electric Aircraft Startup Is Stumbling from navy Watch Video

⏲ Duration: 4:38
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✓ Published: 16-Mar-2024

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The legendary ‘Dronefather’ Abraham Karem’s company Overair is running short on money and workers are out en masse, Forbes has learned.<br/><br/>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.<br/><br/>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<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>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:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.