Business

Drones Dominating the Skies with Increased Production Presenting a Rare Opportunity to Capitalize on Exponential Growth

PALM BEACH, Fla., July 24, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - ...

articleSparc Ai Inc.July 24, 20255/company/sparc-al-inc/news/drones-dominating-the-skies-with-increased-production-presenting-a-rare-opportunity-to-capitalize-on-exponential-growth
Drones Dominating the Skies with Increased Production Presenting a Rare Opportunity to Capitalize on Exponential Growth

About this update from Sparc Ai Inc.

[{"type":"text","content":"Drones Dominating the Skies with Increased Production Presenting a Rare Opportunity to Capitalize on Exponential Growth\n\n\n\n PALM BEACH, Fla., July 24, 2025 (GLOBE NEWSWIRE) --\n \n\n FN Media Group\n \n\n\n News Commentary\n \n - A recent\n \n release\n \n from the Department of Defense (DOD) said that: “The Pentagon to Increase Low-Cost Drone Production in U.S. It said that the Defense Department, with help from industry, will ramp up production and fielding of drones to maintain battlefield superiority. Recently at the Pentagon, 18 American-made drone prototypes were on display. Defense Secretary Pete Hegseth, who toured the displays, said the drones that are manufactured using off-the-shelf components for rapid production are examples of disruptive thinking. Emil Michael, undersecretary of defense for research and engineering, said the prototypes on display went from concept to development in just an average of 18 months, a process that normally takes up to six years. The department will continue to rapidly innovate and scale up production of drones and other systems using cost, resilience, firepower and range as driving factors, which are areas DOD wants to improve upon,\" Michael said. Hegseth said in a\n \n July 10, 2025, memorandum\n \n that he's rescinding restrictive policies that hindered drone production. \"Drones are the biggest battlefield innovation in a generation, accounting for most of this year's casualties in Ukraine. Our adversaries collectively produce millions of cheap drones each year,\" he said, noting the U.S. military is lacking needed quantities of lethal small drones.  Active Companies in the drone industries include\n \n ZenaTech, Inc.\n \n (NASDAQ: ZENA),\n \n Mercury Systems, Inc.\n \n (NASDAQ: MRCY),\n \n Safe Pro Group Inc.\n \n (NASDAQ: SPAI),\n \n RTX Corporation\n \n (NYSE: RTX),\n \n AIRO Group Holdings, Inc.\n \n (NASDAQ: AIRO).\n \n\n The DOD release added: “The secretary said there are three goals: Prioritizing the purchase of American-made drones and parts with help from industry's private capital; Arming combat units with low-cost drones made by America's world-leading engineers and artificial intelligence experts; and Training with drones in realistic battlefield scenarios, led by leaders who are not risk averse.” The report concluded: “President Don...

More updates from Sparc Ai Inc.