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4.3¢ nightingale intelligent systems inc

I didn't know about that legislation - that is a HUGE deal. And...

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7,332 Posts.

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16/12/23

16:09

Post #: 71486632
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Originally posted by DAM-141 ↑

Two major positive developments this weekend which is BULLISH for Nightingale Security:

1. Analyst in Australia who specialise in ASX-listed small cap companies now have NGL on their radars. Article in The Sentiment.

2. The National Security Drone Act of 2023 has passed both houses in the USA and is waiting for President Biden to sign into law. Article in Reuters. This act bans the procurement of any drones (using tax payers dollars or government grants) that are manufactured in countries which are hostile to the USA. (Think TikTok with Wings)

This is bullish news for the US Drone Industry. All government agencies, military and police departments will have to upgrade their current done fleets and going forward only purchase from reliable US Vendors that manufacture drones in the USA.

Additional Reading:

US Senate
Flying
Digital World
US Defense

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I didn't know about that legislation - that is a HUGE deal.

And it automatically eliminates one of the largest possible competitiors - DJI.

Great find on The Sentiment too. I think it's going to be a good week!

NGL Price at posting: 4.9¢ Sentiment: Buy Disclosure: Held
2 Upvote

3 Great analysis

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