Drone Penny Stocks: Are They Profitable?
Investors interested in taking advantage of the expanding market for drones and other related technologies may find drone cheap stocks an attractive investment opportunity.
Which ones, therefore, should you keep in mind?
Investment Opportunities in Drone Technology
View our recommended penny drone stocks for 2022 investing.
Parrot SA (OTC: PAOTF)
Parrot SA is a French corporation that has successfully cornered the European drone industry after experiencing failure in many previous technology-related ventures. It sells a wide variety of drones, including consumer favorites like the Parrot Bebop and the, smaller, more affordable consumer drones, and larger professional drones with high-definition cameras.
The company is among the few that have released open-source platforms for its drones, making it easier for small firms to adapt the technology to their own requirements.
Meanwhile, Parrot’s drone platforms have access to scalable and manageable fleet operations thanks to…