$HALB This looks to be a 10 billion or so sect
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$HALB This looks to be a 10 billion or so sector currently projected over the next few years and expanding like crazy. If they were to capitalize on just 5% of that market that would put them at the 500M mark which is impressive. The numbers are mind boggling. Global exports of UAV’s to militaries around the globe is staggering.
This market is expanding outside the military big time. Local law enforcement, news stations, pipeline and electrical power patrol to name a few areas. They are cheaper to operate than a conventional aircraft. They can stay airborne for hours. The pilots can be switched out in midflight with no interruption in service. The optics that are being offered are great. It is like watching HDTV in real-time action.
They are offering battery and internal combustion models. One advantage of the battery operated model is the stealth capabilities. No engine noise = sneaks up on you fast. The battery models would be used in shorter duration mission roles and lower altitudes than the gas powered models. Compact size is another advantage. These can be transported easily to remote locations. They require less area for takeoffs and landings. Any field that is relatively flat and about the length of a football field can be used for launch and recovery.$HALB - I think this stock has a huge upside. Market potential is so great in this sector.