The drone leader's previously high-flying stock likely won't stay down for long.Shares of AeroVironment (AVAV 12.94%) declined more than 12% on Wednesday after the unmanned aerial vehicle manufacturer's earnings fell short of investors' expectations. BlueHalo is boosting sales growth, but acquisition costs weighed on profitsAeroVironment's revenue soared 151% year over year to $472.5 million in its fiscal second quarter ended Nov. 1. The gains were fueled by the defense contractor's acquisition of BlueHalo, ...

Stocks got a big boost from a much-expected rate cut.Wednesday finally broke the logjam that the stock market had been in earlier in the week, as the Federal Reserve's two-day meeting on interest rates finally ended. Fed Chair Jerome Powell announced a quarter-percentage-point cut in the Federal Funds rate to a new range of 3.5% to 3.75%. However, the Federal Open Market Committee decision suggested that the central bank would make just a single rate cut in 2026, which is somewhat more hawkish than many eco ...

For the fiscal second quarter ended Nov. 1, AeroVironment announced record sales of $472.5 million, up 151% year over year. That includes revenue for the recently acquired BlueHalo. Comparable sales were up an impressive 21% year over year. Wall Street was looking for revenue of $469 million. Sales beat estimates. Earnings per share didn't appear to exceed analyst estimates, but there was a bevy of charges related to the BlueHalo acquisition. Adjusted earnings per share were about 44 cents. Wall Street was ...

Core Insights - EagleNXT has introduced the IFT Smart Dovetail Kit, enhancing compatibility of its multispectral imaging sensors with Inspired Flight Technologies' drones, specifically the IF800 Tomcat and IF1200 UAS models [1][2] - The new kit allows for quick and seamless integration of various payloads, expanding the operational capabilities of EagleNXT's sensors in professional applications such as agriculture, surveying, and public safety [2][3] Company Overview - EagleNXT is recognized as a leading developer of high-performance drones and advanced sensors, with over one million flights conducted globally across various sectors including defense, public safety, and agriculture [5] - The company has achieved significant industry milestones, including FAA approvals for Operations Over People (OOP) and Beyond Visual Line of Sight (BVLOS), as well as EASA C2 certification in Europe [5] Product Features - The IFT Smart Dovetail Kit features a robust quick-release mechanism that allows for tool-free attachment and detachment of payloads, ensuring reliability and ease of use in mission-critical applications [3][4] - This innovative solution supports a variety of payloads, including cameras and sensors, making it suitable for diverse professional uses such as aerial mapping and inspections [3][4]

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After dipping slightly during regular trading hours, a weaker-than-expected financial report is leading this drone stock lower in after-hours trading.Shares of drone manufacturer AeroVironment (AVAV 0.37%) are encountering turbulence late this afternoon. The company reported disappointing financial results for the second quarter of 2026, and management's downward revision of guidance for fiscal 2026 is also contributing to the stock losing altitude this afternoon.As of 4:50 p.m. ET, shares of AeroVironment ...

By Mike Scarcella WASHINGTON, Dec 8 (Reuters) - China's top flash memory chipmaker Yangtze Memory Technologies Co (YMTC) has sued the U.S. Defense Department, challenging ​a decision to include the technology company on a list of ‌entities allegedly working with Beijing’s military. The lawsuit, filed on Friday in the federal court in Washington, ‌asked a judge to block enforcement of the listing and have the designation thrown out. The Pentagon added YMTC to its list of Chinese military companies operati ...

Core Insights - Drone Nerds LLC has announced a technology partnership with Shenzhen Creality 3D Technology Co., Ltd, enhancing its product offerings in the drone technology sector [1][4] - The collaboration allows Drone Nerds to provide Creality's advanced 3D printers, scanners, and laser engravers, expanding its portfolio for both consumer and enterprise applications [2][3] Group 1: Partnership Details - The partnership introduces Creality's advanced lineup, including the K2 Series, Ender-3 V3 SE, Hi Combo, Falcon A1, and Raptor Pro, to Drone Nerds' offerings [2] - This collaboration aims to empower creators, enabling them to design and personalize various products, including drone accessories and educational prototypes [2][3] Group 2: Impact on Enterprise Innovation - The integration of Creality's technology enhances Drone Nerds' capabilities in sectors such as engineering, prototyping, education, public safety, manufacturing, construction, and energy [3] - Organizations can utilize 3D printing and scanning for custom components, rapid iterations, and cost-effective in-house solutions [3][4] Group 3: Availability and Future Plans - Creality's products are now available through Drone Nerds' online store, with plans for expanded enterprise distribution and educational programs [5] - The partnership is expected to inspire creators and industries to adopt digital fabrication technologies [4]

Core Insights - Diodon Drone, a subsidiary of Tonner Drones, is on a confirmed growth trajectory, projecting over 60% revenue growth by 2025 and aiming for 100% growth by 2026, driven by larger contracts and a strong order book [2][3] - Tonner Drones is in a stronger financial position and is considering increasing its stake in Diodon Drone due to its robust performance and positive future expectations [3][4] - The company has made strategic investments, including approximately €2.3 million and €1.1 million in two French industrial companies focused on the drone and defense sectors [6] Company Developments - Diodon Drone was founded in 2017 and specializes in waterproof aerial drones for reconnaissance, surveillance, and inspection in maritime and coastal environments, initially catering to French special forces [1] - Tonner Drones has completed restructuring and refinancing efforts, allowing it to focus on strategic investments in the growing drone sector [4] - The company is also investing in MyHotelMatch, aiming to support its turnaround and explore opportunities in real estate, the drone sector, and cryptocurrency [5] Financial Performance - Tonner Drones achieved a positive financial result in H1 2025 as a result of its investment and treasury strategy [6] - Diodon Drone is expected to reach profitability in 2026 if it meets its revenue growth targets [2] Strategic Focus - Collaborating in the drone sector is now a key priority for Tonner Drones, which aims to capitalize on the positive dynamics and expansion within this industry [4][7] - Tonner Drones' strategy includes active asset management to increase the value of its stakes in promising French drone manufacturers [8]

Key Takeaways ONDS wins a major tender to deploy an autonomous border-protection drone system starting in 2026.The program showcases OAS' top performance, integrated architecture, and autonomous defense capabilities.ONDS now expects at least $36M in 2025 revenues and targets $110M for 2026 amid rising competition pressures.Ondas Holdings Inc.’s (ONDS) win of a major government tender to deploy an autonomous border-protection system using thousands of drones positions the company for stronger growth, higher ...