MarketNewsUpdates News Commentary

NEW YORK, July 11, 2025 /PRNewswire/ -- On Thursday U.S. Defense Secretary Pete Hegseth announced breaking developments for the Drone Manufacturing Industry by issuing new orders to fast-track drone manufacturing operations, cutting red tape by calling for extensive reforms to Pentagon drone-buying practices.  Hegseth announced he was signing memos to rescind restrictive policies regarding drone production and deployment.  The memos state that the Defense Secretary plans to delegate authorities to procure and operate drones, deemed "vital" technology.  Shares of drone manufacturers jumped in the premarket today following yesterday's announcement.  The announcement is part of a broader push to accelerate unmanned warfare capabilities and reclassify small drones as consumable assets rather than high-value aircraft.  In an article issued by Fox News: "Hegseth orders commanders to treat small drones as consumable weapons rather than high-end aircraft. As part of an aggressive push to outpace Russia and China in unmanned warfare, "the Department's bureaucratic gloves are coming off," Hegseth wrote. "Lethality will not be hindered by self-imposed restrictions... Our major risk is risk-avoidance."  In a pair of memos first obtained by Fox News Digital, Hegseth rescinded legacy policies that he believes restricted innovation. For the first time, commanders with the rank of colonel or captain can independently procure and test drones, including 3D-printed prototypes and commercial-off-the-shelf systems, as long as they meet national security criteria.  Active Companies in the Drone Industry today include ZenaTech, Inc. (NASDAQ: ZENA), AgEagle Aerial Systems Inc. (NYSE: UAVS), Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), Red Cat Holdings, Inc. (NASDAQ: RCAT), Unusual Machines, Inc. (NYSE American: UMAC).

MarketNewsUpdates News Commentary

NEW YORK, July 11, 2025 /CNW/ -- On Thursday U.S. Defense Secretary Pete Hegseth announced breaking developments for the Drone Manufacturing Industry by issuing new orders to fast-track drone manufacturing operations, cutting red tape by calling for extensive reforms to Pentagon drone-buying practices.  Hegseth announced he was signing memos to rescind restrictive policies regarding drone production and deployment.  The memos state that the Defense Secretary plans to delegate authorities to procure and operate drones, deemed "vital" technology.  Shares of drone manufacturers jumped in the premarket today following yesterday's announcement.  The announcement is part of a broader push to accelerate unmanned warfare capabilities and reclassify small drones as consumable assets rather than high-value aircraft.  In an article issued by Fox News: "Hegseth orders commanders to treat small drones as consumable weapons rather than high-end aircraft. As part of an aggressive push to outpace Russia and China in unmanned warfare, "the Department's bureaucratic gloves are coming off," Hegseth wrote. "Lethality will not be hindered by self-imposed restrictions... Our major risk is risk-avoidance."  In a pair of memos first obtained by Fox News Digital, Hegseth rescinded legacy policies that he believes restricted innovation. For the first time, commanders with the rank of colonel or captain can independently procure and test drones, including 3D-printed prototypes and commercial-off-the-shelf systems, as long as they meet national security criteria.  Active Companies in the Drone Industry today include ZenaTech, Inc. (NASDAQ: ZENA), AgEagle Aerial Systems Inc. (NYSE: UAVS), Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), Red Cat Holdings, Inc. (NASDAQ: RCAT), Unusual Machines, Inc. (NYSE American: UMAC).

MarketNewsUpdates News Commentary

NEW YORK, July 11, 2025 /PRNewswire/ -- On Thursday U.S. Defense Secretary Pete Hegseth announced breaking developments for the Drone Manufacturing Industry by issuing new orders to fast-track drone manufacturing operations, cutting red tape by calling for extensive reforms to Pentagon drone-buying practices.  Hegseth announced he was signing memos to rescind restrictive policies regarding drone production and deployment.  The memos state that the Defense Secretary plans to delegate authorities to procure and operate drones, deemed "vital" technology.  Shares of drone manufacturers jumped in the premarket today following yesterday's announcement.  The announcement is part of a broader push to accelerate unmanned warfare capabilities and reclassify small drones as consumable assets rather than high-value aircraft.  In an article issued by Fox News: "Hegseth orders commanders to treat small drones as consumable weapons rather than high-end aircraft. As part of an aggressive push to outpace Russia and China in unmanned warfare, "the Department's bureaucratic gloves are coming off," Hegseth wrote. "Lethality will not be hindered by self-imposed restrictions... Our major risk is risk-avoidance."  In a pair of memos first obtained by Fox News Digital, Hegseth rescinded legacy policies that he believes restricted innovation. For the first time, commanders with the rank of colonel or captain can independently procure and test drones, including 3D-printed prototypes and commercial-off-the-shelf systems, as long as they meet national security criteria.  Active Companies in the Drone Industry today include ZenaTech, Inc. (NASDAQ: ZENA), AgEagle Aerial Systems Inc. (NYSE: UAVS), Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), Red Cat Holdings, Inc. (NASDAQ: RCAT), Unusual Machines, Inc. (NYSE American: UMAC).

NEW YORK, June 4, 2025 /PRNewswire/ -- Dominari Holdings Inc. (Nasdaq: DOMH) today issued the following letter to shareholders:  

Dear Shareholders,

I am very proud of what Dominari Securities, our wholly owned subsidiary, accomplished in less than three (3) years and wish to take this opportunity to discuss those accomplishments with you. What began as a vision has grown into a dynamic and respected investment bank with a differentiated market position.

 The Future of Drones is Fully Autonomous 

ENGLEWOOD, Colo., Jan. 13, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ: XTIA) ("XTI" or the "Company"), a pioneer in advanced Vertical Takeoff and Landing ("VTOL"), Powered-Lift aircraft solutions, today announced that it has signed a non-binding Memorandum of Understanding ("MOU") to acquire a 30% fully-diluted equity interest in ReadyMonitor, LLC, a leading AI-powered, autonomous Drone-as-a-Service ("DaaS") company, which is expected to close this Q1 2025, with the option to acquire the remaining 70% of ReadyMonitor within 12 months (the "Transaction").