drone technology

23 articles
BenzingaBenzinga··Lekha Gupta

SKK Stock Slides 4.28% Despite $258.8M Rantizo Acquisition

SKK Holdings shares fell 4.28% to $5.38 Thursday after profit-taking following a recent rally, even as the company announced a major $258.8M drone asset acquisition from Rantizo.
SKKstock declineshare dilution
GlobeNewswire Inc.GlobeNewswire Inc.··Zenatech, Inc.

ZenaTech Reports Explosive 558% Revenue Growth as Drone-as-a-Service Strategy Accelerates

ZenaTech achieved 558% YoY revenue growth to $12.9M CAD in FY2025, driven by its new Drone-as-a-Service segment generating $10.1M in first full year.
ZENArevenue growthacquisitions
BenzingaBenzinga··Vandana Singh

SKK Holdings Crashes 41% After $258.8M Drone Deal as Overbought Rally Unwinds

SKK Holdings stock plummeted 40.77% Tuesday after surging 600% Monday on a $258.8M Rantizo acquisition announcement, with overbought RSI levels signaling potential further corrections.
SKKstock declinedrone technology
GlobeNewswire Inc.GlobeNewswire Inc.··Na

ZenaTech Posts 558% Revenue Surge to $12.9M in 2025 on DaaS Expansion

ZenaTech reported record $12.9M full-year revenues, up 558% YoY, driven by $10.1M from new Drone-as-a-Service segment. Q4 revenues jumped 670%.
ZENArevenue growthmanufacturing expansion
GlobeNewswire Inc.GlobeNewswire Inc.··Na

ZenaTech Expands Defense Footprint at AUVSI Xponential 2026 with ZenaDrone Showcase

ZenaTech expands AUVSI Xponential 2026 presence with ZenaDrone defense showcase, keynote on AI autonomy platforms, and live podcast studio targeting military and government procurement.
ZENAdrone technologyunmanned systems
GlobeNewswire Inc.GlobeNewswire Inc.··Na

ZenaTech Accelerates Drone-as-a-Service Expansion With 21st Acquisition in Oregon

ZenaTech acquires Andy Paris & Associates in Oregon, expanding its Drone-as-a-Service network to 24 locations nationwide as consolidation accelerates in the growing drone services market.
ZENAacquisitionartificial intelligence
BenzingaBenzinga··Market News Updates

Drone Services Market Surges Toward $100B as Companies Race to Capture DaaS Boom

Drone-as-a-Service market expanding rapidly from $12-13B to $34B by 2032, with broader drone services sector projected to exceed $100B by 2030.
ZENAAVAVUMACONDSEH+1acquisitiongovernment contracts
GlobeNewswire Inc.GlobeNewswire Inc.··Usa News Group

Pentagon's 200K Drone Push Ignites Defense Tech Boom as Latin America Enters Market

Pentagon's 200,000-unit drone program by 2027 and record defense budgets spark autonomous systems boom, with VisionWave securing first Latin American defense order.
DRSVWAVVWAVWAVAVUMAC+1autonomous systemsdrone technology
BenzingaBenzinga··Not Specified

Aureus Greenway Merger Target Powerus Raises $50M from Seoul-Based KCGI

Powerus, Aureus Greenway's merger target, raised $50M from Seoul-based KCGI to expand autonomous defense manufacturing in U.S. and South Korea.
AGHsupply chainnational security
BenzingaBenzinga··Lekha Gupta

PMGC Shares Plunge 9% on Defense Deal Despite Strategic Healthcare Focus

PMGC Holdings shares dropped 9.37% after announcing a drone technology option agreement via NorthStrive Defense Tech subsidiary, amid concerns about execution and 98.88% year-long decline.
ELABstock declinetechnical analysis
BenzingaBenzinga··Lekha Gupta

PMGC Stock Plunges 14% on Drone Tech Deal Despite Defense Market Potential

PMGC Holdings shares dropped 14.34% Monday after subsidiary NorthStrive Defense secured exclusive drone technology option agreement, though commercialization success remains uncertain.
ELABcommercializationdefense sector
The Motley FoolThe Motley Fool··Howard Smith

Kratos Defense Tumbles 7% as Valuation Concerns Overshadow Growth Outlook

$KTOS shares declined 7.1% amid 22% monthly drop driven by valuation concerns and geopolitical uncertainty over Iran negotiations.
KTOSvaluation concernsmilitary spending
GlobeNewswire Inc.GlobeNewswire Inc.··Not Specified

Red Cat Forms Defense Partnership with Ukraine Firm to Develop Multi-Domain Drones

Red Cat Holdings partners with Ukraine's state defense firm to jointly develop advanced unmanned systems for air, land, and maritime operations.
RCATUkrainestrategic alliance
BenzingaBenzinga··Erica Kollmann

Draganfly Stock Plunges 21% on Earnings Miss, But Analysts See Bargain in Drone Play

$DPRO crashed 21.8% after Q4 earnings disappointed, but record revenue growth and analyst Buy ratings suggest the selloff may be overdone.
DPROearnings missanalyst rating
BenzingaBenzinga··Erica Kollmann

Red Cat Holdings Defies Earnings Miss With Strong Growth Story

Red Cat Holdings stock rose 3.24% despite Q4 EPS miss, buoyed by 161% YoY revenue growth and new product launches.
RCATrevenue growthQ4 earnings
The Motley FoolThe Motley Fool··Rich Smith

Kratos Defense Surges Then Fades on Airbus Drone Partnership

Kratos Defense surged 3.3% on Airbus partnership for German drone development, but faded to +0.2% close as investors tempered expectations over limited test scope.
KTOSEADSYdrone technologydefense stocks
BenzingaBenzinga··Erica Kollmann

AeroVironment Misses Q3 Targets, Cuts 2026 Guidance Despite Strong Bookings

AeroVironment misses Q3 earnings and cuts 2026 guidance despite $2.1B in bookings. Stock falls 8.38%.
AVAVearnings missguidance reduction
Investing.comInvesting.com··Jeffrey Neal Johnson

Unmanned Systems Emerge as Defense Powerhouse, Reshaping Modern Warfare

AeroVironment, Kratos Defense, and Red Cat Holdings offer distinct opportunities in the booming unmanned systems market, driven by shifting military priorities toward autonomous warfare technology.
RCATKTOSAVAVautonomous weaponsdefense sector
BenzingaBenzinga··Lekha Gupta

Ondas Holdings Surges on $20M Government Contract for Border Security Tech

Ondas Holdings shares jumped 2.79% after securing $20M government contract for autonomous border protection systems and announcing $10M strategic partnership.
ONDSstrategic partnershipdefense contractor
GlobeNewswire Inc.GlobeNewswire Inc.··Zenatech, Inc.

ZenaTech Pivots to Defense Market With Blue UAS-Compliant Drone Strategy

ZenaTech advances drone platforms to meet U.S. defense standards, pursuing Blue UAS certification and Arizona manufacturing as it targets federal procurement opportunities.
ZENAnational securitydefense sector