Top Five Drone Stocks To Buy In 2021 | Investing In Drone Stocks - YouTube

Drones are becoming an integral part of our lives. Who would have thought that we could

see drones flying around for daily life purposes? In more recent years, drone technology has

grown, and the market has expanded. In the past, drones were primarily used for military

purposes, but now they are being used for commercial purposes as well.

We have 372,000 commercial drones and 500,000 non-commercial drones registered with the

US Federal Aviation Administration. Whereas it's expected that the unmanned aerial vehicle

or UAV market will reach $58.4 billion by 2026.

On the other hand, the commercial demand for drones will also increase with time. Whether

it's deliveries from Amazon or inspections of your local telephone poles, the investment

case for drones is that they have the potential to become integrated into our communities.

You guys might be interested to know some drone stocks that can add value to your investment

portfolio. Therefore, we bring you the top five drone stocks that have potential in the

long run. Before we kick off with the first stock, make sure you subscribe to our channel

and click the notification button. The first drone stock on our list is EHang

Holdings, with the ticker name EH. EHang is a Chinese-based firm and provides

the world's leading autonomous aerial vehicle (AAV) technology. We began with a commercial

drone company because you would see these commercial drones in your streets soon.

However, talking about EHang, the company is well-positioned as it has a solid customer

base. EHang provides top-notch air mobility, which includes passenger transportation and

logistics, smart city management, and aerial media solutions.

We've many projects going around the world where cities are working on introducing pilotless

aerial taxis. For instance, Dubai is planning to support air mobility, and soon, we'd see

more cities following this concept of transportation. EHang recently announced a strategic partnership

with Shenzhen East General Aviation. This deal will allow EHang to explore and further

implement urban air mobility operations for helicopters and AAVs in Shenzhen, China. Moreover,

EHang will move one step closer to its 100 Air Mobility Routes Initiative in the Greater

Bay Area. EHang's future seems prominent as a leading

AAV firm, and its stock price is yet to pump. Moving on to the second top drone stock we

have on our list is Kratos Defense & Security Solutions. Kratos trades with the ticker symbol

KTOS. Kratos is a leading firm in combat and warfare

weapons. Kratos mostly works in collaboration with the United States National Security services.

The company develops directed-energy weapons, unmanned systems, satellite communications,

missile defence, training, and combat systems. Kratos came up as a drone company on the world

stage when it announced the deal with Air Force in 2019. Goldman Sachs predicts that

Kratos' drone business could grow 10 times larger by 2025.

Kratos recently announced a new deal with the US Air Force. It's Unmanned Aerial Systems

has secured a five-year contract worth $8.07 million for BQM-167A Air Force Subscale Aerial

Target. The president of Kratos Unmanned Systems Division,

Steve Fendley, said this five-year contract represents a milestone in our target system

business. The United States has the highest budget for

the defence system. As per Statista, the US government spent 778 billion on defence in

2020. Kratos, being a major contributor to the US defence, holds a strong market position.

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The third top drone stock on our list is another defence contractor, AeroVironment, with the

ticker name AVAV. AeroVironment is a leading contributor to

the US defence. The company provides drones to the US Department of Defense and international

allied governments. AeroVironment's three major products are the Raven, Wasp, and Puma

models. In total, the company produces around 10 UAVs.

AeroVironment also produces few drones for commercial use. However, most of its sales

come from the military. We have more powers growing worldwide, and

every country wants to be ahead of its foe. Therefore, the military drone market will

grow at a faster pace in the coming years. Earlier in March this year, AeroVironment's

subsidiary, Arcturus AV, grabbed a $7 million deal with the US Special Operations Command.

The contract lasts for one year of performance and is meant to provide mid-endurance UAS

programs to the US Special Operations Command. Apart from the following deal, AeroVironment

has also bagged other deals, including a multi-year order worth $11.53 million. While another

$80 million contract with the NATO Support and Procurement Agency for Puma 3 AE tactical

UAS and initial spares packages. The fourth drone stock to add to your portfolio

is Boeing, which goes with the ticker BA. Boeing is known for airline and fighter jets,

but the company has emerged as a rising player in the drone market. Boeing has some suitable

vehicles in its arsenal, which could make it a value drone stock.

The aerospace giant is building the MQ-25 Stingray aerial-refuelling drone for the Navy.

It will be the service's first carrier-based drone. The MQ-25 made a successful flight

and re-fueled a US Navy Boeing Super Hornet. This is great for Boeing to get into the drone

business on the world stage. The company has the budget to invest in its

drone business. Boeing has a dedicated drone subsidiary, Insitu, which designs, develops,

produces, and operates UAS. Another Boeing subsidiary Aurora Flight Sciences, was among

the teams competing in the recent Darpa's AI dogfight competition.

We have substantial proof that Boeing is making its way into the drone business and could

be a potential winner in the long term. Last but not least, we've AgEagle Aerial Systems,

which is fairly a small company. AgEagle has the ticker name UAVS.

Though AgEagle is small in valuation, however, it has grown over the past years. The company

was considered a penny stock by investors, and the company's total valuation was less

than $10 million. Then came the COVID-19 pandemic, and AgEagle

collaborated with Amazon for drone delivery services. This changed the face of the stock,

and AgEagle shares soared by 1600% to $16 in February 2021. However, the stock has corrected

since then. AgEagle has made its name on the global stage

and is already one of the leading commercial drone technology, services, and solutions

providers. The company isn't only cursing on the hardware side and is making a difference

to the software. They provide metrics, tools, and strategies needed to implement solutions

through the use of the drone. The company's primary goal is to gain the

people's trust as it makes commercial drones. AgEagle is expanding its business and is making

progress on the research front. Lately, AgEagle's subsidiary, MicaSense, announced that it's

planning to expand its line of sensor solutions. MicaSense will launch its next generation

of high-performance multispectral sensors. All-in-all, AgEagle seems solid among the

other drone stocks in the market. So, this was it from the top drone stocks

with long-term potential. Before we sign off, we'd like to appreciate your support on this

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