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Is anyone investing in drone applications?
Posted on 1/23/23 at 10:22 am
Posted on 1/23/23 at 10:22 am
Seems like there is a market in the near future for drones (security, agriculture, e-commerce). Draganfly (DPRO) caught my eye with it being up 83% in the past month. Only other company I'm aware of is Ag Eagle Aerial Systems (UAVS). Would love to hear thoughts from someone who is familiar with the space.
3
Posted on 1/23/23 at 10:48 am to Crescent Connection
Most are extremely speculative and very niche use. I think UAVS saw a bump on the war in Ukraine using a lot of drones, but hasn’t accounted for much
Best use case in my mind is last leg delivery systems. If one company corners that market or is able to secure Walmart or Amazon and provide a consistent, scalable product, it’ll be a winner. But there’s a lot of FAA regulations preventing drones from becoming efficient or scalable right now
Best use case in my mind is last leg delivery systems. If one company corners that market or is able to secure Walmart or Amazon and provide a consistent, scalable product, it’ll be a winner. But there’s a lot of FAA regulations preventing drones from becoming efficient or scalable right now
Posted on 1/23/23 at 11:56 am to Upperdecker
quote:
But there’s a lot of FAA regulations
You have to have a visual of the drone. The walmart thing is a complete gimmick because of this.
Posted on 1/31/23 at 10:09 am to Crescent Connection
DPRO up roughly 43% since this post. If nothing else, it’s a great speculative play.
Posted on 1/31/23 at 4:06 pm to Crescent Connection
I like AVAV in this space.
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