UAV (AdvisorShares Drone Technology ETF) is no longer actively trading.
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This actively managed Exchange Traded Fund (ETF) endeavors to meet its investment goals by committing at least 80% of its net assets (along with any borrowed capital for investment) to companies. These firms must derive a minimum of 50% of their revenue or profits from the operation, manufacture, or underlying technology supporting the development and production of drones. At least a quarter (25%) of the fund's portfolio will be concentrated in securities from the Aerospace & Defense sector. This ETF operates as a non-diversified fund.

Defense drone stocks are surging at midday Thursday after a Wall Street Journal and CNBC report indicated the Pentagon is in talks with drone manufacturers about funding deals that could include direct federal equity stakes.

Ukrainian drones attacked four settlements in the Belgorod region. The region’s governor Vyacheslav Gladkov wrote about this in his Telegram channel. According to him, one of the Armed Forces of Ukraine (AFU) targets was the village of Novostroevka-Pervaya. An unmanned aerial vehicle (UAV) struck agricultural machinery, injuring the driver. “A man with a shrapnel wound […]...

WICHITA, Kan., June 05, 2024 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (NYSE American: UAVS) (“AgEagle” or the “Company”), an industry-leading provider of best-in-class full stack flight hardware, sensors and software for commercial and government use, has announced that the Company has secured a purchase order to deliver 20 eBee VISION full-stack systems with control systems, batteries, backpacks, and limited spares, to a leading distributor in the United Arab Emirates (UAE). The value of this system contract is expected to be approximately $2 million for fiscal year 2024.

An unmanned aerial vehicle (UAV) has potentially pinpointed the location of a helicopter carrying Iranian President Ebrahim Raisi that went missing over a mountainous region in East Azerbaijan province, a report said...

U.S. Central Command (CENTCOM) said it conducted self-defence strikes on Thursday against four mobile Houthi anti-ship cruise missiles (ASCM) and one Houthi unmanned aerial vehicle (UAV) in Houthi-controlled areas of Yemen...