Drone stocks ready to soar? Can we cash in on this growth? Public drone stocks might be a good investment. This analysis consists of research into the commonly followed stock symbols AVAV, RCAT, ALPP, DPRO and UAVS.
First we’ll examine AVAV AeroVironment is by far the largest in terms of market cap at $2B. The website is impressive. The target market for these products is the military. The 2 Switchblade drone missiles are deadly. Additionally, The lineup features 7 long range drone options. Flight times range about 6 hrs. Payload capacity is usually around 5-30 lbs. High growth is expected. The P/E ratio is 1.3k. The market has high expectations.
RCAT is the leader in the FPV goggle business with their line of FAT SHARK goggles. The low latency and superior performance makes them a mainstay on the drone racing scene. Skypersonic allows pilots to fly sensitive missions remotely from tested ranges of up to 1200miles. Furthermore, their Teal drones comprise one of the few military grade military drones made in the USA.
Next, ALPP stock drone subsidiaries Identified Technologies and Vayu Aerospace have a suite of hardware and software offerings. The G1 drone is a long distance drone capable of 8hr flight times. The US1 is their medium sized drone, offered at what seems to be an attractive price point of around $10K. Three smaller offerings, known as the Knucklebusters comprise their drone lineup. These crafts are being designed for military and emergency use. The lineup will begin retailing at around $3k each. Demonstrations have shown usefulness for SWAT Teams, including clearing a house before entry. Alpine also has a mapping subsidiary that has fast data retention, takes 2hrs to perform what used to take 48hrs before the last software update.
How to buy ALPP stock? Like many of the others, ALPP is trading on the NASDAQ Exchange. To purchase this stock or others like it create an account on E-Trade or a similar platform. Perform your own research and only risk what you are comfortable losing.
DPRO has a 20 year history in drone innovation. The new heavy lift drone promises payload capacity of up to around 67lbs, promising 18 mile operation. LIDAR offerings are new. LIDAR is a laser bounced off a surface. The distance is measured by time it takes to bounce back to the receiver. It’s exciting technology with many promising uses. Draganfly has a host of software, services and other products. It is certain, more products are in development.
Finally, UAVS The eBee drone is the most registered fixed wing commercial drone, according to FAA data. AgEagle has been focused on agricultural uses. Their sensors are among the best in the industry. Also offered, is software for flight planning and ground control. Furthermore, they offer support and help their clients scale with their AgEagle purchases.
Drone Flyer believes, it promises to be exciting times ahead for the investors of drone stocks. Hopefully, you’ll take a further look at each of these companies, and decide if it’s something you want to be a part of. The industry looks like it will continue to soar, will you grow with it?
Author holds ALPP.
2 Comments
Just me
Lol. You better make your home work about Alpp 5 hours flight? Bro go to Vayu website.
DistanceDrones
Thanks for reading, I did hopefully get the $ALPP area right after edit, 8 hrs for the G1. It is an impressive 13 ft wingspan “plane”. I saw a picture of the 10 of them lined up as stated in the filing, and they look nice!
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