Measure

Measure, a drone-as-a-service startup that raised $15 million in Series B funding earlier this year, later today will announce a round extension led by PSP Growth. It also will say that PSP boss Penny Pritzker is joining its board of directors, making it the first corporate board she has formally joined since returning to the private sector after having served as U.S. Commerce Secretary.

  • Why it matters: Measure drones were in the Texas air during Hurricane Harvey, providing aerial shots for Fox News and doing tower inspections for companies like AT&T and Verizon.
  • Related: The WSJ has more on how drones are being used in Harvey recovery efforts.
  • Biz model: Measure basically provides a fleet of drones and full-time drone pilots (mostly military vets), and has begun to productize its service beyond just providing pretty pictures. For example, the company offers a solar farm solution whereby its drones can identify dead panels from the air. It also provides an inspection service for wind turbines, where it detects blade cracks, and the aforementioned telecom tower sight audits that can provide information of the status of antennas. Overall, Measure has around 25 applications for the energy, construction, telecom and media sector.

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Illustration: Sarah Grillo/Axios

Tesla is the company of the moment — the prime exemplar of just about any big and important trend that you might care about.

Why it matters: Almost every reader of finance and business news will have at least one strongly-held opinion about Tesla. What you might not realize is just how widely those opinions range, and the degree to which they map onto much broader views of the world.

Gallup: Party preference swings dramatically in favor of Democrats

Photo: Jim Watson/AFP via Getty Images

Americans' political party preferences have swung sharply from a 2-point Republican advantage in January to an 11-point Democratic advantage in July, according to Gallup's monthly averages of telephone polls in 2020.

The big picture: The dramatic shift is more a product of fewer people identifying as Republican or Republican-leaning (down 8% since January) than gains among those who identify as Democratic or Democratic-leaning (up 5%).

Nancy Pelosi: "I yearn for other Republican presidents"

House Speaker Nancy Pelosi (D-Calif.) called on President Trump Thursday to exercise "the full power" of the Defense Production Act to meet coronavirus equipment needs and accused him of engaging in a "massive dereliction of duty" by ignoring science during the pandemic.

What she's saying: "I yearn for other Republican presidents," Pelosi said at a press conference. "While we may have disagreed on many points, but at least we had a shared commitment to the governance of our country."