MarketNewsUpdates News Commentary

NEW YORK, July 24, 2025 /PRNewswire/ -- The global military drone market is experiencing significant growth, fueled by increased defense spending, technological advancements, and evolving national security priorities. The defense and government drone market, driven by rapid technological advancements and evolving strategic needs, presents significant opportunities for companies that can navigate the complex regulatory environment and meet the demand for advanced and reliable unmanned systems. A report from Grandview Research said: "The global military drone market size was estimated at USD 36.14 billion in 2023 and is projected to reach USD 88.01 billion by 2030, growing at a CAGR of 13.8% from 2024 to 2030. North America holds the largest share of this market, primarily due to the significant investments in drone technology by the U.S. defense sector., Fast track contracts and policies." It continued: "The Pentagon's 'Replicator' program, focused on fast-tracking drone production, is estimated to cost around $500 million per year. The Defense Innovation Unit (DIU) launched the Blue UAS program to rapidly vet and integrate commercial unmanned aerial systems (UAS) for the Department of Defense, recognizing the rapid advancements in commercial drone technology. Recent legislative measures, including executive orders like 'Unleashing American Drone Dominance', aim to prioritize American-made UAVs and streamline the procurement process for NDAA-compliant manufacturers. The new 'Cleared List' under the Blue UAS program leverages third-party verification, drastically reducing approval timelines for compliant manufacturers." Active Companies in the Drone Industry today include ZenaTech, Inc. (NASDAQ: ZENA), AgEagle Aerial Systems Inc. (NYSE: UAVS), Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), Draganfly Inc. (NASDAQ: DPRO), L3Harris Technologies (NYSE: LHX).

MarketNewsUpdates News Commentary

NEW YORK, July 24, 2025 /PRNewswire/ -- The global military drone market is experiencing significant growth, fueled by increased defense spending, technological advancements, and evolving national security priorities. The defense and government drone market, driven by rapid technological advancements and evolving strategic needs, presents significant opportunities for companies that can navigate the complex regulatory environment and meet the demand for advanced and reliable unmanned systems. A report from Grandview Research said: "The global military drone market size was estimated at USD 36.14 billion in 2023 and is projected to reach USD 88.01 billion by 2030, growing at a CAGR of 13.8% from 2024 to 2030. North America holds the largest share of this market, primarily due to the significant investments in drone technology by the U.S. defense sector., Fast track contracts and policies." It continued: "The Pentagon's 'Replicator' program, focused on fast-tracking drone production, is estimated to cost around $500 million per year. The Defense Innovation Unit (DIU) launched the Blue UAS program to rapidly vet and integrate commercial unmanned aerial systems (UAS) for the Department of Defense, recognizing the rapid advancements in commercial drone technology. Recent legislative measures, including executive orders like 'Unleashing American Drone Dominance', aim to prioritize American-made UAVs and streamline the procurement process for NDAA-compliant manufacturers. The new 'Cleared List' under the Blue UAS program leverages third-party verification, drastically reducing approval timelines for compliant manufacturers." Active Companies in the Drone Industry today include ZenaTech, Inc. (NASDAQ: ZENA), AgEagle Aerial Systems Inc. (NYSE: UAVS), Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), Draganfly Inc. (NASDAQ: DPRO), L3Harris Technologies (NYSE: LHX).

MarketNewsUpdates News Commentary

NEW YORK, July 24, 2025 /CNW/ -- The global military drone market is experiencing significant growth, fueled by increased defense spending, technological advancements, and evolving national security priorities. The defense and government drone market, driven by rapid technological advancements and evolving strategic needs, presents significant opportunities for companies that can navigate the complex regulatory environment and meet the demand for advanced and reliable unmanned systems. A report from Grandview Research said: "The global military drone market size was estimated at USD 36.14 billion in 2023 and is projected to reach USD 88.01 billion by 2030, growing at a CAGR of 13.8% from 2024 to 2030. North America holds the largest share of this market, primarily due to the significant investments in drone technology by the U.S. defense sector., Fast track contracts and policies." It continued: "The Pentagon's 'Replicator' program, focused on fast-tracking drone production, is estimated to cost around $500 million per year. The Defense Innovation Unit (DIU) launched the Blue UAS program to rapidly vet and integrate commercial unmanned aerial systems (UAS) for the Department of Defense, recognizing the rapid advancements in commercial drone technology. Recent legislative measures, including executive orders like 'Unleashing American Drone Dominance', aim to prioritize American-made UAVs and streamline the procurement process for NDAA-compliant manufacturers. The new 'Cleared List' under the Blue UAS program leverages third-party verification, drastically reducing approval timelines for compliant manufacturers." Active Companies in the Drone Industry today include ZenaTech, Inc. (NASDAQ: ZENA), AgEagle Aerial Systems Inc. (NYSE: UAVS), Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), Draganfly Inc. (NASDAQ: DPRO), L3Harris Technologies (NYSE: LHX).

WASHINGTON, Feb. 26, 2025 /PRNewswire/ -- Shield AI and L3Harris Technologies [NYSE: LHX] will collaborate on a demonstration to enable an electronic warfare (EW) operation with AI-enabled unmanned systems that will sense, adapt and act while simultaneously executing physical and electromagnetic movements.

At the core of this effort is L3Harris' Distributed Spectrum Collaboration and Operations, or DiSCO™, a software-defined Electromagnetic Battle Management ecosystem that can detect, collect and analyze known and unknown threat signals within minutes. This specific collaboration pairs DiSCO with Shield AI's Hivemind.

Launches Fisica, Kanders' New Defense Technology Platform

PALM BEACH, Fla., June 3, 2024 /PRNewswire/ -- Kanders & Company, Inc. ("Kanders"), a U.S.-based single-family office, announced today the completion of its previously announced acquisition of certain antenna and test equipment businesses from L3Harris Technologies (NYSE: LHX) for $200 million.

The acquired ATI, Datron and Randtron businesses will operate under Fisica, Inc. ("Fisica"), Kanders' defense technology platform, and manufacture airborne and ground-based antennas, and electromagnetic systems and simulators for applications across radar, communications, warning systems, remote sensing, nuclear effects testing and imaging. Fisica, which is based in San Leandro, Calif., with additional operations in Menlo Park and Simi Valley, Calif., is well positioned for continued growth as a critical partner for flagship defense primes and the U.S. Department of Defense. Additional information about Fisica can be found at https://www.fisica.com.