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Aerovironment
From Florist To Drone Maker: How Ukraine’s War Democratized Military Technology And Sparked A Global Industry Boom
Before Russia’s invasion, Kseniia Kalmus arranged flowers in Kyiv and traveled Europe showcasing floral designs. Today, she builds combat drones that destroy Russian equipment on the front lines. Her transformation from artisan to arms manufacturer encapsulates how Ukraine’s conflict has…
Red Cat’s $35M Army Contract Expansion Drives 646% Q3 Growth, But $16M Loss Raises Sustainability Questions
Red Cat Holdings reported explosive third-quarter revenue growth of 646% year-over-year on November 13, 2025, reaching $9.6 million and beating analyst consensus expectations. The U.S.-based defense drone manufacturer announced its Army Short Range Reconnaissance Tranche 2 contract has expanded to…
Why Are $400 Ukrainian Drones Beating $100,000 American Switchblades?
Western military drones like the American Switchblade have proven too expensive and ineffective for Ukraine’s high-intensity battlefield, forcing a strategic shift to mass-produced FPV drones that cost a fraction of the price. The Economist reports that sophisticated Western systems costing…
AeroVironment Wins Army’s $96M Contract, Shakes Up U.S. Missile Monopoly
AeroVironment has secured a $96 million U.S. Army contract to produce Freedom Eagle counter-drone missiles, marking a historic shift in American defense manufacturing. The California-based company beat RTX—the world’s second-largest defense contractor—to win the Next-Generation Counter-UAS Missile program. This breakthrough…
DMR Technologies Bets on Louisiana: 500+ Jobs Coming to First U.S. Industrial Drone Factory
An American drone manufacturer is placing a major bet on domestic production, announcing plans to build its first full-scale U.S. manufacturing facility in Lafayette, Louisiana. DMR Technologies will create 521 jobs over the next decade with an average salary of…
U.S. Defense Secretary Hegseth’s Directive Targets Drone Dominance with Urgent Pentagon Overhauls
U.S. Secretary of Defense Pete Hegseth released a directive on July 10, 2025, that pushes the Pentagon to speed up drone production and deployment, labeling uncrewed systems as the biggest battlefield shift in decades. This move addresses gaps in U.S.…
AeroVironment Stock Surges 21% After Strong Q4 Earnings and Strategic Acquisition
AeroVironment, a leading drone manufacturer, saw its stock soar 21.6% on Wednesday after reporting fourth-quarter earnings that exceeded analyst expectations, driven by robust demand for its uncrewed systems and a pivotal acquisition. The Arlington, Virginia-based company posted adjusted earnings of…
Airo Drone Maker Soars 140% in Explosive Post-IPO Debut
Airo Group Holdings Inc. made a stunning entrance into the public market, with its shares skyrocketing 140% during their trading debut on Friday, June 13, 2025. The drone manufacturer raised $60 million in an initial public offering (IPO), becoming the…
Elon Musk Warns: Crewed Aircraft Face Extinction from Cheap Drone Swarms
Elon Musk, the influential CEO of Tesla and SpaceX, issued a stark warning on April 26, 2025, about the future of crewed military aircraft, declaring that they “will be destroyed instantly by cheap drone swarms.” This statement, posted on X,…
Red Cat Appoints Shawn Webb as FlightWave President to Drive Military Drone Innovation
Red Cat Holdings, Inc. (NASDAQ: RCAT) has named Shawn Webb as the new President of its subsidiary, FlightWave Aerospace Systems. This strategic move aims to strengthen the company’s military drone production capabilities. With over 25 years of aerospace experience, Webb’s…
U.S. Military Prioritizes Drones and Counter-Drone Tech in $50 Billion Budget Shift
The U.S. Department of Defense (DoD) is redirecting its focus toward drone technology and counter-drone systems as part of a significant budget reshuffle, moving approximately $50 billion from legacy programs to new priorities. This shift, detailed in a recent Business…
New VTOL Drone JUMP 20-X Boasts 115-Mile Maritime Range
AeroVironment has introduced its next-generation JUMP 20-X vertical takeoff and landing (VTOL) unmanned aircraft system, designed for maritime operations, the company announced at IDEX 2025 in Abu Dhabi. The U.S. Group 3 VTOL drone integrates advanced autonomous capabilities with extended…