来源：美股研究社 笔者最近查看了成交量图表，发现一个现象：一个一向不太受注目的板块中，几间美国公司突然齐齐向 上。 新一轮炒作热点？ 近几个月，市场焦点由核能，转到量子 、AI，再到太空科技，各板块都曾风光一时。但在市场目光以 外，另一个板块正在默默崛起：无人机科技。 这个领域不只局限于军用无人机，整个产业生态——从空中运输、精准农业到通讯和防御系统——都开 始冒出新机遇。 那么美国有哪些相关上市公司？ 笔者使用WarrenAI整理出一份清单，当中有九间公司，横跨无人机产业链的不同范畴： Unusual Machines (NYSE:UMAC)：生产军用和 FPV 无人机引擎，符合美国《国防授权法》要求 美国政策大变 2025年7月10日，美国五角大厦正式将无人机界定为「消耗品」，因此中层军官可直接批核采购，免却 重重审批手续。 换言之，无人机需求随时可能突然飙升。 Red Cat Holdings (NASDAQ:RCAT)：研制防御型无人机和相关软件，包括 FANG 无人机 Draganfly (NASDAQ:DPRO)：主打公共安全和医疗配送无人机 AeroVironment (NASDAQ:AVAV) ...

Core Viewpoint - The drone technology sector is emerging as a significant investment opportunity, driven by recent changes in U.S. military procurement policies and increasing demand across various applications beyond military use [5][10][11]. Group 1: Market Trends - Recent months have seen a shift in market focus from nuclear energy and AI to drone technology, which is gaining attention as a rising sector [5]. - The drone industry encompasses a wide range of applications, including aerial transport, precision agriculture, communications, and defense systems [6]. Group 2: U.S. Policy Changes - On July 10, 2025, the U.S. Department of Defense redefined drones as "consumables," allowing mid-level officers to approve purchases directly, which could lead to a sudden spike in demand [10][11][12]. Group 3: Key Companies in the Drone Sector - A list of nine companies involved in various aspects of the drone industry has been compiled, including: - Unusual Machines (NYSE:UMAC): Produces military and FPV drone engines [13]. - Red Cat Holdings (NASDAQ:RCAT): Develops defensive drones and related software [13]. - Draganfly (NASDAQ:DPRO): Focuses on public safety and medical delivery drones [13]. - AeroVironment (NASDAQ:AVAV): A leading manufacturer of military drones [13]. - Ondas Holdings Inc (NASDAQ:ONDS): Specializes in industrial and defense communication systems [13]. - Kratos Defense (NASDAQ:KTOS): Produces target drones for military training and R&D [13]. - EHang Holdings (NASDAQ:EH): A leader in autonomous passenger drones [13]. - Ageagle Aerial Systems (NYSE:UAVS): Concentrates on precision agriculture and mapping technologies [13]. Group 4: Recent Stock Performance - Despite a significant drop in UMAC's stock price by 18% due to a fundraising announcement, RCAT and UAVS saw stock increases of 7% and 10%, respectively, following new defense contracts [14]. - The revenue growth forecasts and historical returns for these companies indicate varying levels of performance, with UMAC showing a return of 587.2% and a forecasted revenue growth of 96.6% [15]. Group 5: Investment Timing - The upcoming U.S. government contracts and budget allocations in the fall may present a strategic opportunity for investment in the drone sector, as demand patterns may no longer follow traditional seasonal trends [17][19]. Group 6: Positive Factors to Consider - Key positive factors for the drone companies include: - Record-high global defense spending [23]. - Increasing automation across various industries [23]. - Gradual relaxation of regulatory restrictions [23]. - Ability to secure government contracts [23]. - Proprietary technology and intellectual property [23]. - Scalability of business models [23]. - Clarity and reliability in corporate governance [23].