Meanwhile, drones are becoming a “necessity” for both productivity and safety as miners move into deeper and more remote terrain, says GlobalData strategic intelligence analyst Aidan Knight. With 95,000 historic and active mineral extraction sites, most of which are in remote areas, Australia is actively investing in drones to optimise mining operations.Mine communication and management systems are essential for productivity because they provide the potential to fully upgrade a mining site rather than simpl ...

The U.S. is banning new drones from the popular Chinese manufacturer DJI and a smaller competitor, Autel Robotics, while American pilots express outrage—and hoard parts. https://t.co/NkLeAb6ZSQ ...

Industry Overview - The European defense industry is experiencing a significant upward trend due to geopolitical tensions, particularly the ongoing conflict in Ukraine, which has shifted European countries' perspectives on military capabilities [2][4]. - NATO members are increasing their defense spending commitments, with some countries aiming for up to 5% of GDP, driven by the urgency of the Ukraine war [3][4]. Company Analysis Rheinmetall - Rheinmetall, based in Germany, has seen its stock value increase over 12 times since the onset of the Ukraine conflict, with projected annual sales growth exceeding 30% and earnings growth around 50% for the next few years [6][8]. - The company has a market capitalization of $84 billion and is the largest defense firm in Europe, benefiting from increased public spending in Germany and rising NATO spending targets [8][9]. - Despite a high forward price-to-earnings ratio of 39, which is above the European defense average of 28, the stock is trading 24% below its yearly highs, indicating potential for further growth [9]. Kongsberg Gruppen - Kongsberg, Norway's national defense champion, is projected to achieve mid-teens sales growth in the coming years, driven by its involvement in drones, missile projects, and air defense systems [10][12]. - The company plans to spin off its slower-growing maritime business in April 2026, positioning itself for more than 20% annual growth as a pure play [12]. - Kongsberg has a market cap of $22 billion and a forward P/E ratio of 28, aligning with the industry average, suggesting room for growth from its smaller base [13]. BAE Systems - BAE Systems, one of the largest defense firms in the UK, is expected to see annual sales growth of around 7% over the next two years, which is slower compared to other firms [14]. - Nearly half of BAE's sales come from contracts with the U.S. Department of Defense, providing stability and a strong hedge against market fluctuations [15]. - The company has a more reasonable forward P/E ratio of 21, indicating a solid valuation relative to its growth prospects [14].

The FCC said it would ban most foreign-made drones and and critical components for unmanned aircraft systems going forward https://t.co/fQqlC1pUvX ...

Core Insights - AIRO Group Holdings Inc. is recognized as a promising aerospace and defense stock by Wall Street analysts, with a Buy rating reaffirmed by Cantor Fitzgerald and a price target of $20 [1] - Despite a reduction in price targets by some analysts due to disappointing third-quarter results, the long-term prospects for AIRO remain positive [2][3] Financial Performance - The company's third-quarter sales fell significantly to $6.3 million from $23.7 million year-over-year [2] - Cantor Fitzgerald noted a solid gross profit margin of 63.78%, indicating strong profitability despite recent sales declines [4] Market Position and Strategy - AIRO focuses heavily on drone revenue, which is projected to account for 80% of sales by 2025, leading to potential quarterly volatility [4] - The company operates in four segments: Drones, Avionics, Training, and Electric Air Mobility, positioning itself as a key supplier in both the US and European Union markets [5] Analyst Ratings and Price Targets - BTIG analyst lowered the price target from $26 to $19 while maintaining a Buy rating, reflecting cautious optimism despite recent performance [2] - Cantor Fitzgerald also reduced its price target from $30 to $20 but continues to view AIRO as a valuable investment opportunity [3]

150 pitches from YC companies. I backed 13. Here are the three that stood out.Number one, Toriel. Toriel is on a mission to end mosquito misery. Not with chemicals, not with candles, with something far more satisfying.Drones. I know that's not what you were expecting. So, how do these drones work.Well, each drone is covered in microphones and ultrasonic parking sensors that are emitters. [music] And once they detect mosquitoes wing frequency, the AI locks on and intercepts the mosquitoes. Now, if this all w ...

DOGE’s mission at the Pentagon now includes not just cutting wasteful programs, but buying thousands of small drones for the U.S. military https://t.co/kAQGMK9LuW ...

By David Jeans NEW YORK, Dec 18 (Reuters) - A New York investment manager has been indicted for allegedly defrauding millions of dollars from investors in a sham pre-IPO scheme ​tied to U.S. drone-maker Anduril Industries, highlighting the risk of fraud as private tech ‌firms grow more prominent and valuable. Giovanni Pennetta, manager of Sestante Capital, was arrested on Sunday at JFK International Airport and ‌later charged with securities fraud, wire fraud and aggravated identity theft, the Departmen ...

If you don't enforce crime, what you end up is with lost generations. >> Yeah. If I woke up in 10 years and all we had done was put a lot of people in prison. It's actually double bad. >> Yeah. Well, we're throwing people away, right? Like, you know, that's the worst possible thing. So, the best thing is to say, hey, look, if you commit crimes, you're going to get caught. And then that kind of changes the societal incentives and the culture and everything else. I mean, look, if I can become a criminal and m ...

Robot ETFs can electrify your portfolio's gains thanks to their focus on AI chipmakers and physical AI opportunities.Artificial intelligence (AI) has been the defining trend for the stock market. Some AI stocks have rocketed tenfold within five years, and AI exchange-traded funds (ETFs) have been some of the market's top-performing funds.However, the next big winners may be robot stocks and ETFs. These funds also ride AI tailwinds but focus on physical AI. Humanoid robots, drones, and AI-powered surgical to ...