What Investors Need to Know About Camera Drones
Smaller, faster, cheaper -- better! With every passing day, the mantra of the semiconductor industry is invading the world of camera drones. For example, it's been 20 years since AeroVironment (NASDAQ: AVAV) flew its solar-powered Pathfinder unmanned aerial vehicle to a record altitude of 71,500 feet.
With a 98-foot wingspan, a 20 mph top speed, and a multimillion-dollar cost, AeroVironment's Pathfinder unmanned aerial vehicle was big, slow, and far from cheap. Since then, AeroVironment and competing builders of UAVs have built increasingly smaller, faster, and cheaper flying camera drones. This is great news for consumers, who can buy a cheap drone, with cameras included, for just a few tens of dollars -- or a top-of-the-line DJI Phantom for just a few hundred dollars.
But what's good news for consumers may be lousy news for investors.
Source: Fool.com
Aerovironment Stock
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