Nvidia is one of the first companies to bring AI capabilities to commercial drones with its credit card-sized platform NVIDIA Jetson TX2 NVIDIA Corporation (NASDAQ:NVDA) is a graphics chipmaker that also provides autonomous drones with AI-enabled flight control with object recognition capabilities. Trading at $0.0067 per share, this company deserves investor attention.Īdditional stocks in the military drone space to pay attention to include: Additionally, if ZenaDrone becomes a part of the program, it will have to be able to sell its drones to US allies. With the significant revenue opportunity coming from the SBIR contracts in the next few years, the company’s prospects also get a boost from the ban on Chinese drones by the US government. With additional phases, SBIR would enable the company to win major government contracts worth up to $15 million over the next three years. government contracts for the product, as it submitted Phase 1 SBIR contracts and is working on securing partnerships for Phase 2. ![]() On March 1, Epazz announced that the US Air Force had invited the company to conduct a demonstration of the ZenaDrone 1000 at an air base in California on March 16 and 17. It combines the best of both software and hardware to provide solutions for aerial monitoring and data gathering in defense. Recently, it made a foray into defense with the launch of ZenaDrone 1000, an unmanned vehicle with capabilities that include fully autonomous flights, highly detailed 3D mapping, geotagging, and thermal detection. ZenaDrone first launched drones to predict animal health and crop diseases. Its spinoff, ZenaDrone, is an autonomous drone monitoring, inspection, and surveillance solution provider. (OTC: EPAZ) is a mission-critical provider of drone technology, blockchain mobile apps, and cloud-based business software solutions. The ongoing war in Ukraine has also shown the critical role of drones in surveillance, reconnaissance, and combat operations.Įpazz, Inc. Branches of the US Military, including the Navy and the Army, as well as the Department of Defense, all see their budgets for unmanned vehicles expand. ![]() ![]() With increased government funding as one of the key drivers, the demand for drones is rising fast. The global military drone market size, valued at $11.73 billion in 2022, is projected to grow to $30.86 billion by 2029, with a CAGR of 14.82% in the run-up to 2029. This demand for military drones has boosted competition in the market and defense budgets alike. Naples, FL -News Direct- RazorPitch EPAZĭrone technology has advanced almost exponentially since their introduction roughly 50 years ago, to the point where drones are now one of the most important and cutting-edge tools used by modern militaries.
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