It designs, develops, manufactures, sells and operates AAVs, as well as their supporting systems and infrastructure, for a range of industries and applications, including passenger transportation, logistics, smart city management and aerial media solutions. EHang Holdings Limited (NASDAQ:EH) operates an autonomous aerial vehicle (AAV) technology platform in China. “EHang Holdings Limited (NASDAQ:EH) was among the top detractors from performance. Data from around 900 elite hedge funds tracked by Insider Monkey in the second quarter of 2022 was used to identify the number of hedge funds that hold stakes in each firm.
In order to provide readers with some context for their investment choices, the business fundamentals and analyst ratings for the stocks are also discussed. The companies that operate in the military drone sector were selected for the list. The market for small drones is also expanding and will reach $22.55 billion in value by 2026. Similarly, Markets and Markets research shows that the drone sector will reach a value of over $58 billion by 2026, growing at a compound annual growth rate of more than 16% from 2021. Goldman Sachs forecasts the total drone market size will be worth $100 billion in the coming years on the back of the growing demand for drones from the commercial and government sectors. According to data collected by Research and Markets, the drone services market size is expected to grow to more than $63 billion by 2025 as consumer drone shipments cross the 30 million mark in 2022.Įven large investment advisors are bullish on the drone sector. (NASDAQ: HON ), Raytheon Technologies Corporation (NYSE: RTX ), and Lockheed Martin Corporation (NYSE: LMT ) remain some of the biggest manufacturers of the unmanned air vehicles. However, even as the drone market expands, defense firms like Honeywell International Inc.
Since then, tech firms have been doing all they can to bring drone tech to as many businesses as possible. The Federal Aviation Administration also helped devise a regulatory framework for commercial drones to help the market further. If you want to read about some more military drone stocks, check out 5 Best Military Drone Stocks to Invest In.ĭrone technology has exploded into the mainstream ever since the United States government granted exemptions to companies to operate drones in the fields of insurance, construction, and agriculture, expanding the scope of the drone tech outside the military space. In this article, we discuss 10 best military drone stocks to invest in.
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