DJI Banned: Get Your American Drone Stocks Now

American drone stocks now rule the skies. U.S. citizens have been banned from investment in DJI and other Chinese drone makers, for fear that the companies are spying on Americans. As a result, the U.S. military should bolster investment in domestic drone manufacturers. Now is a great time for investors to look into the drone sector.Reuters

Investors should check out ALPP, RCAT, UAVS, AVAV, and DPRO. Am I missing any publicly traded drone stocks? Check out our introduction to these corporations from the beginning of October.

Some updates have been issued by all of the companies mentioned.

First, ALPP subsidiary, Vayu Aerospace, released a video of their Knucklebuster drone flying around their headquarters. The capability of the drone is self-evident. Notably, the ability to maneuver through tight obstacles should prove the small drone lineup to be valuable for military and police applications.  Additionally, Vayu was announced as the main sponsor of an event on October, 20th at the Xelevate facility in Washington D.C. The notice posted all of the specifications of Vayu’s drones. It should be noted, Vayu’s mission is to be the “global leader in autonomous freight delivery.” Furthermore, the post mentions additional partnerships to be announced between Xelevate and Vayu.

Next, CommercialUAVnews, interviewed the CEO of AgEagle (UAVS), Barrett Mooney. The CEO emphasizes the collaborative nature that is his vision, noting that some of his products have vast industry appeal. AgEagle believes that focusing on diversification will lead to a more robust drone industry as a whole. The goal is to create the best experience for the customer, by allowing them options to get the product mix that works best for them.

Then, AVAV, AeroVironment, released a video on Twitter showcasing their 50 years of technology development. The video is an exciting showcase of the different products they offer. As mentioned previously, they offer the very popular Switchblade class of missiles.

Additionally, Redcat Holdings (RCAT) subsidiary, Teal, exhibited their products to the Swedish Armed Forces. The demonstration was a collaboration to showcase a variety of the hardware and software applications they offer. The company can accomplish near real-time 3d mapping. Additionally the event highlighted the ability to control multiple devices through one controller.

Finally, Draganfly, DPRO, will be showcasing their products October 15-18th in Dallas, TX. The event, hosted by the International Association of Chiefs of Police, is the largest gathering of law enforcement for the year. Draganfly will be preforming demonstrations of their drone offerings. Additionally, the company has pivoted into healthcare applications. One product is able to determine health through use of their “Smart Vital Intelligence Technology.” If attending, be sure to check out booth 2928.

In conclusion, be sure to keep an eye on American drone manufacturers. They are all taking full advantage of the moment. Consumers are benefitting from rapid advancement in technology. Investment in American manufacturers should prove robust. If you are interested in investing in drone technology, we believe these companies here are a good place to look.’

 

 

 

 

 

 

The drone industry is moving fast

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