Summary

AeroVironment is a technological leader in small drone technology for both commercial and military use.

Following the recent drone attack in Saudi Arabia, I expect global demand for these small UAS systems to rise.

The company is profitable, has no debt (and a lot of cash), and trades at a reasonable valuation, making it an excellent strategic buyout target.

The firm is also pioneering "High Altitude Pseudo-Satellites" that may be able to significantly enhance cellular communication.

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