Product Update
Is X Craft Still in Business? (2026 Update)
Is X Craft from Shark Tank still around in 2026? The deal it made, the sharks who invested, and where to buy X Craft today.
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Five sharks got into an actual argument with each other over who would land the deal for X Craft's hybrid drone, then the deal fell apart anyway, and the company built a defense and enterprise business without any of them.
Consumer drones as a category got squeezed hard in the years after this episode aired, with DJI dominating the low end of the market. X Craft's response was not to compete there, it was to leave that market behind entirely.
The Short Answer
Yes, xCraft is still in business and has grown well past the consumer drone that got five sharks fighting over the pitch. The company now focuses on enterprise and government drone products rather than the original consumer model, and it does not sell through Amazon, consistent with a business now built around institutional buyers.
It is one of the more dramatic pivots in the pool: a consumer gadget company that walked away from the Tank and rebuilt itself around military and enterprise clients.
The Shark Tank Pitch
JD Claridge and Charles Manning pitched X Craft in Season 7, Episode 5, asking for five hundred thousand dollars for twenty percent equity for their hybrid drone, a model that could take off and land like a helicopter but fly like a fixed-wing plane. The pitch impressed all five sharks at once, which is rare and led to a genuine on-air bidding scramble between them.
That kind of five-way interest usually signals a product the panel sees real consumer or crossover appeal in, and X Craft's hybrid design was different enough from typical quadcopters to earn it. Vertical takeoff paired with fixed-wing flight solved a real limitation of most consumer drones at the time, which typically had to choose between easy launching and efficient long-distance flight.
The Deal That Never Closed
The sharks came together on a combined offer of one and a half million dollars for twenty five percent equity, a much bigger number than the five hundred thousand dollar ask, reflecting how much competition there was for the deal. Claridge and Manning accepted on air.
It never closed. Whatever happened during due diligence, X Craft walked away without shark money and had to fund its next phase independently, through crowdfunding and outside venture investors instead, essentially rebuilding its capital plan from scratch after the on-air win.
X Craft net worth in 2026
Shark Tank tracking coverage puts xCraft's valuation at approximately seventeen million dollars as of 2026, up from the six million dollar valuation implied by the Shark Tank pitch itself. That figure comes from Shark Tank tracking sites rather than an audited company filing, so treat it as an estimate attributed to that source rather than a confirmed number.
The company raised over four point four million dollars through crowdfunding campaigns, along with additional venture investment from firms including Meyer Equity and Mountain Man Ventures, which is the more concretely sourced part of its financial story.
Where Things Stand Now
xCraft pivoted hard away from the consumer retail drone market and rebuilt itself around enterprise and military applications. Its current product lineup includes six drone models built for professional and government use, among them the Panadrone, Matrix RTK, Nano One, and Maverick Mapper.
The company has reported working relationships with the Department of Defense and with T-Mobile, partnerships that would have been unusual for a consumer gadget brand but make sense for a drone maker focused on enterprise and government contracts.
So the deal that produced a five-shark bidding war never actually funded the company, and xCraft built its current business without that money, moving from a novelty consumer drone into a defense and enterprise supplier instead.
That pivot away from the consumer market and toward government and enterprise buyers is a pattern worth recognizing across hardware startups generally: institutional customers pay more per unit, negotiate longer contracts, and are far less price sensitive than a retail shopper comparing drones on a store shelf, which is a more durable business even if it is a less flashy one to pitch on television.
Where to buy X Craft
Still selling as of July 14, 2026. Check today's price and availability.
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See the full X Craft deal breakdown and term sheet →
