Check out Skydio and Percepto. Skydio and Nightingale have very...

Check out Skydio and Percepto.

Skydio and Nightingale have very similar specs and customers. Both have entirely American technology stacks, which is a big plus. Both based out of Silicon Valley in California.

Skydio have something like a 2 billion USD valuation. While NGL is significantly smaller in market cap (and even smaller after today’s price drop), their tech is on par with Skydio (and possibly superior in some elements like recharge time, flight endurance, payload capability).

There is definitely some gross mispricing by the market here. Is Skydio overvalued? Or is NGL undervalued? I suspect the latter. The Australian market is just famously slow on the uptake with technology plays.