The U.S. White House is requesting a budget proposal to triple drone spending to over $75 billion as part of an overall defense budget increase from $1 trillion to $1.5 trillion. This follows the recent conflict in Iran, highlighting the economically asymmetric nature of drone warfare, where one-way attack drones cost between $20,000-$50,000, significantly less than multimillion-dollar missile interceptors.
Two microcap stocks in the drone technology sector are Applied Energetics, Inc. (AERG) and AgEagle Aerial Systems Inc. (UAVS). AERG focuses on advanced laser systems for defense applications, while UAVS is expanding into counter-drone technologies through a joint venture with ThirdEye Systems, backed by a $10 million investment. UAVS has a current cash position of $26.9 million following recent capital raises.
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