Before I get to this amazing growth story, I want to share another great growth story that’s even closer to my heart.
Why? Because it has already occurred, and I helped my subscribers realize it.
The graph looks like this.
What the graph above shows, is the performance of my first service in the US, which I launched in 2010. I started with a $35,000 portfolio, and in 2023, it topped $1 million.
And now, it has topped $2 million.
Two years ago, I saw the next great long-term growth trend, and I launched Proffe’s Trend Portfolio 2.0, and it’s performing even better than the first! Check it out here.
Anyway, back to AVs and drones. Check this out:
That’s a 20+% compounded annual growth rate for the next seven years, and this isn’t the only projection that’s this bullish.
What’s more, with Europe now increasing its own defense spending and upping its protection of Ukraine, this spending is going to be even larger, and recently it was even revealed that the US is now buying drones from Ukraine! They have become expert in building cheap, reliable, and effective drones in large quantities, often with 3D printers…
…but there are as many drones as there are potential uses.
As far as other AVs already at work, there are a number out there, but there are even more under development.
For land:
As well as sea:
As AI continues to evolve, these systems will become smarter and more autonomous, aiding in logistics and armament support, as well as command and control and reconnaissance.
At some point, like drones have already shown, there are even possibilities for them to be used as weapons.
The winners will be both big defense companies with significant experience in drones and Avs, like BAE Systems (OTC: BAESY), Lockheed Martin (NYSE: LMT), Rheinmetall (OTC: RNMBY), and Northrop Grumman (NYSE: NOC), but have an enormous portfolio of systems they build.
There will also be companies that are more direct beneficiaries, like AeroVironment (NASDAQ: AVAV), AIRO Group (NASDAQ: AIRO), Draganfly (NASDAQ: DPRO), and Kratos (NASDAQ: KTOS).
