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Buy 3 High-Flying Drone Technology Stocks to Enhance Your Returns
ZACKS· 2025-07-11 12:21
Key Takeaways Jabil gains from AI-driven inspection tools, diversification, and strong free cash flow performance. HEICO sees rising demand from defense and air travel, supported by higher U.S. military spending. L3Harris benefits from global defense demand, missile sensor tech, and acquisition-related growth.A drone, also called an unmanned aerial vehicle (UAV), is a broad term that refers to an aircraft that operates autonomously or by remote control with no pilot on board. The technology has evolved ov ...
Ondas (ONDS) 2025 Earnings Call Presentation
2025-07-11 09:05
Financial Highlights - Ondas expects to report approximately $6 million in revenue for Q2 2025, a 6-fold increase compared to Q2 2024[29] - The company estimates its backlog at $22.8 million, adjusted for the expected Q2 2025 revenue[29] - Ondas anticipates total revenue of $25 million for Ondas Holdings in 2025, with at least $20 million expected from OAS[29] - Convertible notes outstanding were reduced to $5.4 million at the end of Q2 2025[29] - The company's cash position is fortified with over $67 million as of Q2 2025[29] Market and Growth Strategy - NATO's commitment to increase defense spending to 5% of GDP by 2035 represents a significant shift, potentially leading to $1.2 trillion in annual defense outlays[40, 41] - The FY2025 bill allocates approximately $21.2 billion to programs relevant to Ondas' capabilities and services for governmental defense and security applications in the U.S[44] - The Optimus drone-in-a-box market is projected to reach $1.5 billion in 2025[118] - The counter-drone market, relevant to Iron Drone Raider, is projected to reach $3 billion in 2025[121] Future Outlook - OAS targets revenue of $40 million in 2026[176] - OAS aims to achieve positive EBITDA in the second half of 2026[174, 180] - OAS projects revenue between $140 million and $150 million and EBITDA between $40 million and $45 million by 2030[180]
Arizona fire department launches drone force to help fight fires
NBC News· 2025-07-10 03:30
Flying high above Phoenix, Arizona, an eye in the sky controlled from a new kind of command center. This is drone 1. It's one of the newest additions to our fleet and it's an upgrade and investment in the Phoenix Fire Department unmanned aerial systems program.Yeah, move over ladder trucks. This fire rig is all about giving firefighters an overview of any emergency. Last year alone, the department's nine drones and 10 pilots flew 971 missions and logged 146 hours in the air.We respond to structure fires. We ...
AeroVironment: Buy Or Sell AVAV Stock At $235?
Forbes· 2025-06-26 11:46
LONDON, ENGLAND - SEPTEMBER 26: The British Army display a AeroVironment Wasp Small Unmanned ... More Aircraft System (SUAS) surveillance drone during the Dronex Epo at ExCel on September 26, 2023 in London, England. The show combined with the Advanced Air Mobility Expo and Helitech Expo bring together the key innovators, pioneers, suppliers and buyers within the UAV sector from across four key sectors including; commercial, military & defense, emergency services and future of flight. (Photo by John Keeble/ ...
Red Cat Holdings Announces Closing of $46.75 Million Registered Direct Offering of Common Stock
Globenewswire· 2025-06-18 20:05
SAN JUAN, Puerto Rico, June 18, 2025 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or “Company”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, has successfully closed the previously announced registered direct offering with certain institutional investors for the purchase and sale of 6,448,276 shares of common stock resulting in gross proceeds of approximately $46.75 million, before deducting placement agent ...
Top Drone Technology Stocks to Keep an Eye on For Robust Returns
ZACKS· 2025-06-10 15:06
An updated edition of the April 28, 2025 article.Drone technology has rapidly progressed into a transformative tool across a wide range of commercial and industrial sectors. Drones or unmanned aerial vehicles (UAVs) are reshaping the way businesses collect data, conduct surveillance, and carry out deliveries in various industries like agriculture, construction and mining.Retail giants like Walmart and Amazon (AMZN) are pushing the boundaries of drone deployment in logistics. Amazon uses drone delivery to de ...
Executive Order “Unleashing American Drone Dominance” -– Draganfly Selected by Southern Border Cochise County Sheriff’s Department for Drone Pilot Program.
Globenewswire· 2025-06-10 11:15
Tampa, FL, June 10, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce its selection by the Cochise County Sheriff’s Department to support a new drone pilot program aimed at enhancing surveillance and operations along the southern border. This initiative aligns with President Donald J. Trump’s executive order, “Unleashing American Drone Dominance,” which ...
AgEagle Aerial Systems Provides Technology to Enhance European Security
Globenewswire· 2025-06-05 12:00
"Delivering our eBee TAC Public Safety solutions to global customers, with Brigantes' support, is a strategically vital sale that expands AgEagle's Nordic defense market presence," said Bill Irby, CEO of AgEagle. "This drone's rapid deployment, precise mapping, and cyber-secure operations empower Sweden to counter regional threats, strengthen NATO deterrence, and enhance public safety across diverse terrains." Brigantes is a trusted regional distributor specializing in defense and security solutions and has ...
Draganfly Showcases Tactical Drone Innovation at Global Defense Summit in Latvia
Globenewswire· 2025-06-05 11:15
Core Insights - Draganfly Inc. successfully participated in the Global Drone Innovation and Defense Coalition Summit, showcasing its advanced drone solutions and systems [1][4] - The summit saw the expansion of the Drone Coalition from 17 to 20 member states and highlighted a collective investment of €4 billion towards enhancing drone capabilities [2] - Draganfly was recognized as a leading provider, demonstrating its modular and interchangeable FPV platform, and multiple tactical deployment drone systems [3] Company Highlights - Draganfly showcased its interoperable family of tactical drone platforms, including The Commander 3XL, The APEX, and the modular Flex FPV [3] - The company emphasized its commitment to innovation and mission adaptability, engaging with academic and research institutions for potential collaborations in military drone advancements [4] - Draganfly's ongoing support for Ukraine and its focus on field-driven innovation were highlighted during the summit [5] Industry Context - The summit attracted over 1,500 participants from 28 countries, indicating a strong interest in drone technology within the defense sector [2] - The collective investment of €4 billion reflects the growing importance and prioritization of drone capabilities among coalition member states [2]
Draganfly Announces Delivery of Flex FPV Systems to Major U.S. Prime Defense Contractor
Globenewswire· 2025-06-03 11:15
Tampa, Florida, June 03, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce the first deliveries of its revolutionary Flex FPV (First Person View) systems under an order from a major U.S. military prime contractor supporting land systems operations for allied forces. The Draganfly Flex FPV system is built around a modular core architecture that allows operators to seamlessly switch be ...