AeroVironment announced an expansion of its manufacturing capacity in response to surging global demand for attack and counter-drone systems, with a funded backlog growth of 47% year-over-year. The company is rated as a Strong Buy with a price target of $363 per share. Meanwhile, Ukrainian startup Swarmer experienced a significant surge in its stock by 1,100% in two days following its IPO.
Barksdale Air Force Base in Louisiana has faced significant operational disruptions due to sophisticated drone swarms, delaying the launch of strategic B-52H bombers. Analysts describe these drones as exceeding current system capabilities, highlighting critical security gaps at high-value US military installations.…
Read the full storyAnduril Industries is set to commence production of its FURY high-speed combat drones at a new facility in Ohio within the coming days. The FURY model is classified as a 'loyal wingman' drone, specifically engineered to operate autonomously alongside manned aircraft in combat scenarios. This strategic expansion comes…
ZenaTech, Inc. (Nasdaq: ZENA) has announced the development of the Interceptor P-1, a new prototype drone designed for specialized defense applications. The system is engineered as a low-cost, single-use solution specifically aimed at countering hostile unmanned aircraft systems (C-UAS). Developed by its subsidiary…