Both need to generate significant sales in what is increasingly a very competitive field. DPRO doing an invite only ( defense , border security ) demonstration of its new Outrider drone late Nov and ONDS rumored to have a deal they'll announce by EOY.
Needham initiated coverage of Draganfly (DPRO) with a Buy rating and $20 price target. The firm believes the unmanned aerial systems industry is entering a "multi-year supercycle."
This is starting to become an interesting stock. I don't own any of it yet, but that may change. I've been watching it for about 5 months. They're starting to get some traction .
I only have a small position in this and am under water on it . Did add some today . A lot of govt purchases frozen due to govt shut down . Co is participating in an invite only exhibit at the border Dec 16, 17th . Bottom line ...DOW definitely needs to develop military drone capabilities ....so expect growth in sales that are fully DOD and NATO compliant . But will be a very competitive field . Very spec investment JMO Kiwi
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