Drone Bubble? Rheinmetall CEO's Bold Prediction

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Sundays

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Is the drone boom about to bust? The CEO of defense giant Rheinmetall is raising eyebrows, suggesting the drone market might be a bubble despite their explosive use in Ukraine. With drone prices plummeting and anti-drone tech on the rise, are drone companies overvalued? Rheinmetall is betting big on anti-air systems instead and planning a major expansion, eyeing naval tech and even space, signaling a potential shift in defense spending priorities. Hosted on Acast. See acast.com/privacy for more information.