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AEVEX: Drone IPO with High Price Potential
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AEVEX (AVEX) is an exciting IPO story for me among speculative growth stocks for several reasons in the rapidly growing drone market. The company has already delivered over 6,200 autonomous systems and has a secured order backlog for an additional 3,900 systems by the end of 2026, spread across 35 different deployment platforms and more than 30 active customers. In addition to the backlog of $503 million, there is a pipeline of about $8.1 billion. On May 13, there will be a U.S. Air Force contract worth $18.5 million for one-way combat drones....
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