Market OpportunityAn estimated $20B will be spent by western militaries on domestic small drone products by 2030, highlighting a significant market opportunity for DPRO.
Regulatory EnvironmentThe U.S. government is considering the ban of drones from partially state-backed China-based company DJI, which could unlock considerable demand for qualified competitors like DPRO.
ValuationDPRO trades at 0.4x 2025E revenue vs. a small/microcap peer average of 2.0x, indicating an attractive valuation.