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Red Cat (NasdaqCM:RCAT) Update / briefing Transcript
2026-02-27 15:32
Red Cat (NasdaqCM:RCAT) Update / briefing February 27, 2026 09:30 AM ET Company ParticipantsBarry Hinckley - President of Blue OpsChris Ericson - COOChristian Morrison - CFOGeoff Hitchcock - Chief Revenue OfficerJeff Thompson - CEOStan Nowak - VP of MarketingConference Call ParticipantsAlex Latimore - AnalystAustin Bohlig - AnalystCraig Irwin - AnalystJason Ader - AnalystJosh Bennett - AnalystJosh Sullivan - AnalystMike Glick - AnalystMike Latimore - AnalystNed Morgan - AnalystStan NowakWelcome to West Palm ...
ZenaTech (NasdaqCM:ZENA) Conference Transcript
2026-02-26 20:22
ZenaTech (NasdaqCM:ZENA) Conference February 26, 2026 02:20 PM ET Company ParticipantsJames Sherman - CFOLinda Montgomery - VP of Corporate DevelopmentConference Call ParticipantsNone - AnalystNoneWelcome back. Next, we have ZenaTech traded on the Nasdaq under the symbol ZENA. It's a technology company specializing in AI drone, Drone-as-a-Service, enterprise SaaS and quantum computing solutions for mission-critical business applications. Happy to welcome Vice President, Corporate Development, Linda Montgome ...
Unusual Machines (NYSEAM:UMAC) Conference Transcript
2026-02-26 19:12
Summary of Unusual Machines Conference Call (February 26, 2026) Company Overview - **Company Name**: Unusual Machines Inc. - **Ticker Symbol**: UMAC (NYSE) - **Industry**: Drone components and manufacturing - **Core Products**: Drone components, drones, FPV video goggles (Fat Shark brand) [1][4] Key Industry Insights - **Market Growth**: The drone industry is projected to produce over 1 million small drones in the coming years, with prices ranging from $2,000 to $5,000 per drone [6][8] - **Defense Programs**: Key programs driving demand include the Department of War's Drone Dominance program, which aims to produce 90,000 drones this year and 250,000 next year [8][9] - **Regulatory Environment**: Recent legislation, including the NDAA and FCC regulations, is pushing for U.S. manufacturing of drone components, creating a favorable environment for domestic suppliers [18][20][40] Financial Performance - **Revenue Growth**: Unusual Machines reported a 133% year-over-year growth in revenue, primarily driven by defense contracts and a shift from retail to enterprise and defense sectors [41][42] - **Current Financial Position**: The company has raised over $160 million in the past year, with over $100 million in cash and no debt, positioning it well for future growth [21][22] Manufacturing and Operations - **Production Capacity**: The company has expanded from 20 employees and a single facility to over 120 employees and multiple facilities, including a new motor factory and headset factory [14][30] - **Investment in Automation**: Plans to implement automated production lines to increase motor production capacity by 5 to 10 times [34] Competitive Advantage - **Market Position**: Unusual Machines aims to be a leading supplier of drone parts, focusing on low-cost, high-volume production to compete effectively against foreign suppliers [23][35] - **Domestic Focus**: Currently prioritizing domestic demand, with plans to expand internationally in the future as capacity allows [43] Future Outlook - **Path to Profitability**: The company expects to reach a break-even point at approximately $40 million in top-line revenue, maintaining margins close to 40% [27][28] - **Long-term Vision**: The strategic focus includes expanding into commercial and consumer markets, with potential M&A activities to enhance capabilities [45][46] Additional Insights - **Supply Chain Management**: The company is actively managing supply chain challenges, including securing raw materials with long lead times [16][17] - **Regulatory Impact**: Anticipated regulatory shifts are expected to further drive demand for U.S.-made drone components, enhancing market access [40] This summary encapsulates the key points discussed during the conference call, highlighting the company's strategic direction, market opportunities, and financial health.
ZenaTech’s ZenaDrone Initiates Defense-focused Quantum Navigation System for GPS-Denied Drone Operations
Globenewswire· 2026-02-26 13:00
VANCOUVER, British Columbia, Feb. 26, 2026 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces that its drone subsidiary ZenaDrone has initiated the development of a quantum navigation system designed to enable secure drone operations in GPS-denied and satellite-compromised environments. The system will in ...
Draganfly Announces Pricing of US$50.0 Million Registered Direct Offering
Globenewswire· 2026-02-26 01:50
Core Viewpoint - Draganfly Inc. has announced a registered direct offering of 7,150,000 common shares at a price of US$7.00, aiming for gross proceeds of approximately US$50.0 million before expenses [1]. Group 1: Offering Details - The offering is being led by Maxim Group LLC, with Raymond James Ltd. and Ladenburg Thalmann & Co. Inc. as co-placement agents [2]. - The expected closing date for the offering is around February 27, 2026, pending customary closing conditions [3]. - The offering is subject to regulatory approvals from the Canadian Securities Exchange and notification to the Nasdaq Stock Market [4]. Group 2: Use of Proceeds - Draganfly intends to utilize the net proceeds for general corporate purposes, including funding new product capabilities, growth initiatives, working capital, and ongoing development and marketing of core products [3]. Group 3: Regulatory Compliance - The offering is made under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission and the Company's Canadian short form base shelf prospectus [5]. - A prospectus supplement will be filed with relevant securities commissions in Canada and the SEC in the U.S. [6]. Group 4: Company Overview - Draganfly Inc. is a pioneer in drone solutions, AI-driven software, and robotics, with over 25 years of innovation in various sectors including public safety, agriculture, and industrial inspections [8].
Draganfly: Speculative Drone Play With Outsized Upside
Seeking Alpha· 2026-02-25 21:00
I am going to continue my journey into the drone industry. The latest stock to get a look is Draganfly Inc. ( DPRO ). The company is attempting to find its position within the rapidly growingAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in DPRO over the next 72 hours. I wrote this article myself, and it expres ...
“Buy the Dip” in This Megatrend?
Investor Place· 2026-02-24 22:00
Drones are down – is this a good entry point?… how Jonathan Rose sizes up the opportunity set… the economics behind humanoids aren’t good for humans… Louis Navellier and Luke Lango are bullish on NVDA earnings tomorrowBetween November 20 and January 22, the REX Drone Economy ETF (DRNZ) soared 57%.Since then, the air has come out of it. From that highwater mark through the start of the month, it fell 22%.While it’s rebounded somewhat, it remains almost 15% below its January peak. So, has the story changed he ...
Are Drones the Key 2026 Tech Investing Trend?
Etftrends· 2026-02-24 19:14
Are Drones the Key 2026 Tech Investing Trend? | ETF Trends2026 offers plenty of opportunity in tech investing once again following a breakout year for tech AI tech in 2025. Inventors want that tech upside, but this year could behoove investors to diversify outside of AI hyperscalers. One way to get some exposure to that AI theme alongside robotics and defense may be drones, potentially a key 2026 tech investing trend.See more: [Defense ETF Opportunities Up in 2026: How Two ETFs Approach the Category]While m ...
ONDS vs. DPRO: Which Drone Tech Stock Is the Better Pick Now?
ZACKS· 2026-02-24 17:57
Industry Overview - The global drone industry is experiencing significant growth, with a projected CAGR of 9.3% from 2026 to 2031, driven by adoption in commercial, government, and military sectors [1] - The integration of drones with AI, cloud computing, and edge processing is enhancing their adoption across various verticals [1] Ondas Inc. (ONDS) - Ondas's Ondas Autonomous Systems (OAS) is becoming a primary growth engine, benefiting from increased deployments of autonomous platforms and initial revenue from acquired businesses [3] - The company is focusing on strategic partnerships and compliance with U.S. production standards, which supports long-term growth, particularly in the C-UAS segment and ground robotics [4] - Ondas is actively pursuing M&A to enhance its portfolio, having acquired several companies, including Roboteam and Rotron Aero, to expand its capabilities [5] - Preliminary financial results for 2025 indicate expected revenues of $27 million to $29 million for Q4, a 51% increase from prior targets, with a backlog of $65.3 million, up 180% from previous estimates [6][10] - For 2026, Ondas raised its revenue outlook to $170-$180 million, a 25% increase from earlier projections, which includes contributions from recent acquisitions [7] - The company is investing heavily in infrastructure and team expansion, which may create short-term financial pressures despite strengthening its competitive position [9] Draganfly, Inc. (DPRO) - Draganfly is a Canadian drone solutions developer with a diverse product lineup, including military and public safety drones, and is expanding its U.S. capacity [11][12] - Recent contracts with the U.S. military, including a significant order for FPV drones, are key growth drivers for the company [12][13] - Draganfly's compliance with NDAA regulations provides a competitive advantage as the U.S. and NATO phase out non-compliant systems [14] - The company is collaborating with Drone Nerds to expand its customer reach and is in the process of establishing multiple manufacturing plants in the U.S. to significantly increase production capacity [15] - Draganfly achieved a 14.4% year-over-year revenue growth, supported by rising product sales, and has a strong cash position of $69.9 million with minimal debt [16][17] Financial Performance & Valuation - Over the past six months, ONDS and DPRO have seen stock gains of 110.1% and 84.8%, respectively [18] - ONDS has a forward price/sales ratio of 21.27X, significantly higher than DPRO's 2.44X, indicating a higher valuation relative to sales [20] - Analysts have revised earnings estimates down for ONDS by 3.6% over the past 60 days, while estimates for DPRO have been revised upwards [19][22] Investment Outlook - ONDS holds a Zacks Rank of 3 (Hold), while DPRO has a Zacks Rank of 2 (Buy), suggesting that DPRO is currently the more favorable investment option [23][24]
Chinese dronemaker DJI files lawsuit to challenge US import ban on new models
Reuters· 2026-02-24 14:59
Chinese dronemaker DJI files lawsuit to challenge US import ban on new models | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]The DJI logo is displayed on the opening day of the Innovation For All (IFA), a technology and industry trade fair, in Berlin, Germany September 5, 2025. REUTERS/Annegret Hilse [Purchase Licensing Rights, opens new tab]- Companies[Autel Intelligent Technology Corp Ltd]FollowWASHINGTON, Feb 24 (Reuters) - Chi ...