A thread to talk all things drone defence market size and projected future market growth. Who wouldn't want this ASX stock in their portfolio? One of the best market CAGRs that an investor can get exposure to at the moment. DRO cash flows will expand significantly into the future and grow over time as governments learn from the Ukraine-Russia war. Global government FOMO not having significant drone offense and defence capabilities. The investment thesis is that simple. Congrats to all existing holders and good luck to all the new ones!
"The drone defense system market was estimated at USD 2.6 billion in 2022 and is likely to grow at a CAGR of 62.33% during 2023-2028 to reach USD 48.58 billion in 2028"
Drone Defense System Market Size, Share, & Forecast Analysis (stratviewresearch.com)
Albanese Government invests over $100 million to deliver next generation drones | Defence Ministers
Lithuania, Latvia, Estonia, Poland, Finland, and Norway are joining forces to build a “drone wall” to protect their borders.
Russia 'drone wall': Six NATO countries announce border defense plan (cnbc.com)
A thread to talk all things drone defence market size and...
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Last
$1.33 |
Change
0.015(1.14%) |
Mkt cap ! $1.159B | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.36 | $1.31 | $7.739M | 5.798M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 27293 | $1.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 25617 | 1 |
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| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| DRO (ASX) Chart |