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EagleNXT Partners with UAVSICS to Expand Drone Solutions in Chile
Globenewswire· 2025-10-01 12:00
Core Insights - EagleNXT has appointed UAVSICS as the official distributor of its drones in Chile, enhancing its market presence in Latin America [1][5] - The partnership aims to leverage UAVSICS's expertise in sectors like mining, agriculture, defense, and public safety to provide tailored UAV solutions [2][4] - The drone market in Chile is projected to grow significantly, from approximately USD 40-70 billion in 2025 to up to USD 260 billion by 2030, driven by technological advancements and regulatory improvements [5] Company Overview - EagleNXT is recognized for its advanced drone and aerial imaging solutions, with over one million flights conducted globally [7] - The company has achieved multiple industry milestones, including FAA approvals for Operations Over People and Beyond Visual Line of Sight, as well as EASA C2 certification in Europe [7] - EagleNXT's drone systems are utilized across various sectors, including defense, public safety, agriculture, and environmental monitoring [7] Partnership Details - UAVSICS, based in Santiago, Chile, has over a decade of experience in delivering UAV solutions and is well-positioned to meet the needs of local industries [2][4] - The partnership will provide eBee users in Chile with certified technical support and enhanced assistance services, improving operational efficiency [3] - UAVSICS specializes in professional drone solutions for geospatial mapping and industry-specific applications, focusing on fixed-wing drones for high-precision data capture [4]
AgEagle Lands Key Drone Order to Build Defense & Safety Operations
ZACKS· 2025-10-01 06:21
Core Insights - AgEagle Aerial Systems Inc. has secured an order for 12 eBee TAC tactical mapping drones from Tough Stump Technologies, enhancing their role in defense, humanitarian, and public safety operations [1] - The eBee TAC drone features a 90-minute flight time, a 34-mile range, and precision accuracy of 0.6 inches (1.5 cm), making it suitable for deployment in disconnected environments [2] - The partnership between AgEagle and Tough Stump, which began in 2018, is strengthened by this order, showcasing their commitment to advancing tactical edge capabilities [7] Company Benefits - The order validates Tough Stump's confidence in AgEagle's technology and highlights the importance of the Blue UAS Cleared List recognition for both the eBee TAC and eBee VISION [3] - AgEagle's alignment with defense and public safety requirements allows for expansion into adjacent applications and broadens its global footprint [4] - The integration of eBee TAC drones into Tough Stump's ARTEMIS ecosystem enhances geospatial intelligence capabilities, enabling rapid and informed decision-making in the field [5] Industry Impact - The collaboration between AgEagle and Tough Stump supports immediate mission requirements while paving the way for sustained growth and global reach [8] - By adopting AgEagle's drone technology, Tough Stump enhances its clients' mission readiness and ability to support defense, humanitarian, and public safety missions [6] - The partnership positions both companies to meet the growing demand for advanced aerial reconnaissance systems across multiple sectors [8]
Is Draganfly's Army Partnership a Game-Changer for Investors?
MarketBeat· 2025-09-30 21:09
Core Insights - Draganfly Inc. experienced a significant stock surge of over 17% following the announcement of a contract with the U.S. Army, with trading volume exceeding 58 million shares compared to an average of 1.9 million shares [3][4] - The contract represents a strategic pivot for Draganfly, indicating a potential long-term growth phase rather than a short-term price spike [4] The Army Partnership: A Pillar of Growth - The agreement with the U.S. Army is a foundational partnership designed for long-term operational readiness, enhancing Draganfly's future revenue potential and competitive standing [4] - The contract is structured around three core pillars: advanced technology, embedded manufacturing, and training and support [5][6] More Than Drones: Strategic Depth - Draganfly will supply high-performance Flex FPV drone systems, crucial for reconnaissance and tactical missions [5] - The company will establish on-site drone manufacturing within U.S. military facilities, shortening supply chains and embedding its technology into Army operations [5] - Comprehensive training for Army personnel will ensure sustainability of drone operations and solidify Draganfly's role as a key partner [6] From Plan to Partnership: A Proven Strategy - The contract is a result of strategic moves that validated Draganfly's technology, including successful demonstrations at military exercises [7] - The expansion of U.S. manufacturing and a secure supply chain were critical in securing the contract, differentiating Draganfly from foreign competitors [8] Fuel for Growth: A Strong Balance Sheet - Draganfly reported a net loss of $4.7 million in Q2 2025 but has a strong cash balance exceeding $22.5 million, bolstered by a $25 million offering [9][10] - This financial position allows the company to scale production and manage logistics for the U.S. Army contract without immediate dilutive financing [10] A New Baseline for Draganfly's Valuation - The partnership with the U.S. Army fundamentally alters the investment narrative, effectively de-risking Draganfly's technology and business model [11] - Current analyst price targets of $6.50 are likely outdated and subject to upward revisions following the contract announcement [12] - The focus for investors has shifted to how effectively Draganfly can execute the contract and leverage it for future growth [13][14]
ZenaTech Developing Proprietary Quantum Computing Hardware Platform for Defense, Infrastructure and Drone Fleet Projects
Globenewswire· 2025-09-30 12:30
Core Insights - ZenaTech is developing a proprietary quantum computing hardware platform to enhance its AI drone capabilities for real-time data applications and predictions, targeting both defense and commercial sectors [1][2][3] - The initial prototype will have a capacity of up to five qubits, serving as a foundation for future advancements in quantum computing integrated with AI drones [1] - The integration of quantum computing is expected to significantly improve the speed, accuracy, and predictive capabilities of drone systems, particularly in defense applications [2][3] Company Overview - ZenaTech specializes in AI drones, Drone as a Service (DaaS), enterprise SaaS, and quantum computing solutions for critical business and government applications [6] - The company has been expanding its drone design and manufacturing capabilities since 2017, focusing on sectors such as agriculture, defense, and logistics [6][8] - ZenaDrone, a subsidiary of ZenaTech, develops multifunctional AI drone solutions for various applications, including industrial surveillance and monitoring [7][8] Quantum Computing Initiatives - ZenaTech is advancing two dedicated quantum R&D initiatives: Sky Traffic and Clear Skies, aimed at optimizing weather forecasting, environmental monitoring, and traffic management [4] - Quantum computing is positioned as a transformative technology that can process complex data at unprecedented speeds, enhancing capabilities in various applications [5] Market Positioning - By developing its own quantum computing hardware, ZenaTech aims to reduce reliance on third-party providers and gain greater control over its innovation strategy, positioning itself as a leader in the defense and critical infrastructure technology sectors [3]
Draganfly chosen by U.S. Army to supply Flex FPV drones; shares up 15% (NASDAQ:DPRO)
Seeking Alpha· 2025-09-30 12:06
Group 1 - The article does not provide any specific information or data regarding companies or industries [1]
Draganfly Selected by U.S. Army to Supply Flex FPV Drone Systems
Globenewswire· 2025-09-30 11:15
Core Viewpoint - Draganfly Inc. has been selected by the U.S. Army to provide Flex FPV drone systems, marking a significant advancement in drone capabilities for military operations [1][2]. Group 1: Contract Details - Under the initial order, Draganfly will deliver Flex FPV drones designed for high-performance operations and establish on-site manufacturing within overseas U.S. Forces facilities to accelerate deployment and reduce supply-chain timelines [2]. - The company will also provide flight and manufacturing training to Army personnel and manage logistics to ensure a secure, NDAA-compliant supply chain [2]. Group 2: Strategic Importance - Recent military exercises have highlighted the importance of FPV technology, with U.S. forces successfully operating and detonating in-house-built FPV drones during the Swift Response 2025 exercise [3]. - The U.S. Army executed its first-ever air-to-air kill with an armed FPV drone in August 2025, showcasing the evolution of drone warfare [3]. Group 3: Company Commitment - Draganfly's President & CEO emphasized the company's role in supporting the U.S. Army by combining advanced drone systems, embedded manufacturing, training, and secure logistics to enhance operational agility and sustainment for forward-deployed forces [4]. Group 4: Company Background - Draganfly Inc. is a pioneer in drone solutions and robotics, with over 25 years of innovation in various sectors including public safety, agriculture, and industrial inspections [5].
X @TechCrunch
TechCrunch· 2025-09-28 21:01
A federal judge has rejected drone maker DJI’s efforts to get off a Department of Defense list of Chinese military companies. https://t.co/WLeCpDJCMw ...
Honoring Esteemed Veterans with Drone Franchise Opportunity
PRWEB· 2025-09-27 18:53
Core Insights - Aquiline Drones Corporation has partnered with Ryder System, Inc. and Vets to Drones to launch a discounted drone franchise program exclusively for U.S. Veterans, providing a lifelong opportunity beyond 2025 [1][2] - The program offers a 30% discount on drone franchises for qualified Veterans, with Ryder providing substantial discounts on franchise vehicles and Vets to Drones offering free professional drone training [2] Company Initiatives - Aquiline Drones recognizes the efforts of the Small Business Administration (SBA) and its VetsCert program, which empowers Service-Disabled Veteran-Owned Small Businesses (SDVOSBs) to compete for specialized contracts, particularly within the Department of Veteran Affairs [3] - The partnership aims to advance federal initiatives like the U.S. Department of War's Blue UAS program and the Replicator Initiative, focusing on expanding secure, American-made drone systems [5][6] Veteran Empowerment - The initiative seeks to enhance Veteran involvement in national security and industry growth by fostering entrepreneurship and enabling military veterans to transition into small-business ownership roles [8][9] - Aquiline Drones' franchise model includes structured training, business development support, and access to federal contracting opportunities for Veteran-owned businesses [7] Market Potential - The U.S. drone market is projected to exceed $60 billion in the next decade, driven by defense upgrades, infrastructure monitoring, and commercial drone adoption [9][10] - The franchise initiative is designed for rapid expansion across multiple states through collaborations with Veterans' organizations and government entities, ensuring franchisees are prepared for civilian and defense contracts [9][10] Strategic Goals - The partnership aims to bolster local economies and advance U.S. technological leadership by creating a robust ecosystem that empowers Veterans with resources and solutions [11][13] - The initiative aligns with national directives to strengthen the domestic UAS industrial base and promote Veteran-owned federal contracting goals [13][14]
From AI To Delivery Drones: Defiance's JEDI ETF Targets Next-Gen Autonomy
Benzinga· 2025-09-26 16:12
Core Insights - Defiance ETFs has launched the Defiance Drone & Modern Warfare ETF (NYSE:JEDI) to capitalize on the transformation in defense and infrastructure driven by drones and AI autonomy [1][3] - JEDI focuses on innovative companies rather than traditional defense primes, targeting those generating significant revenue from military drones, unmanned systems, and AI-driven technologies [2][4] Industry Trends - Drones are increasingly central to next-generation technology, integrating AI, robotics, and aerospace, with applications extending beyond defense to sectors like agriculture and energy [3][4] - Geopolitical factors and innovation are driving demand for domestic drone manufacturing in the U.S., with commercial applications growing in areas such as precision farming and real-time infrastructure monitoring [3][4] ETF Structure and Strategy - JEDI's portfolio includes a mix of U.S. firms and international innovators, balancing growth-oriented startups with established manufacturers to provide both innovation exposure and revenue visibility [4][5] - The ETF is designed to mitigate volatility through diversification across hardware, software, and applications, while including cash-flow positive companies for stability [5] Market Outlook - The drone industry is expected to experience double-digit growth over the next three to five years, with drones becoming as ubiquitous as satellites in defense and delivery vans in commerce [6] - JEDI will rebalance quarterly to maintain exposure to emerging players in the drone and AI sectors, ensuring alignment with rapid technological advancements [7]
Kratos Soars On Combat Drone Wins, Hypersonics And So Much More
Investors· 2025-09-26 14:51
Group 1 - Kratos Defense & Security Solutions has established a factory to produce 24 XQ-58A Valkyrie combat drones, aiming to secure contracts with the U.S. Marine Corps and Airbus [1] - The U.S. has reclassified drones to fighter jet status, leading to increased interest in defense stocks, including those held by ARK Invest [2] - Major defense and aerospace stocks are experiencing a surge, with specific focus on companies like Kratos and Rocket Lab amid rising geopolitical tensions [4] Group 2 - The market is witnessing a broad rally, with major indexes hitting new highs, and Tesla and Kratos being highlighted as stocks flashing buy signals [4] - Increased military spending and geopolitical conflicts, such as Israel's actions against Iran, are contributing to the rise in defense stocks [4] - The demand for advanced military technology, including drones, is expected to grow, positioning companies like Kratos favorably in the market [4]