What's happening behind the scenes at the drone company... π
Meet $AVEX - the leading drone technology company in the United States βοΈ
The highlight? π
ForgeX - the mobile revolution of the drone world. β‘οΈ
The most important lesson we learned from the war in Ukraine over the past three years is very simple -
Whoever can produce and replace drones faster wins the battle - which is why the ForgeX system is currently considered the only American answer capable of providing a real solution on a large scale. π‘
The idea: advanced manufacturing - inside a container. π
Instead of investing years in building huge concrete factories - this system operates inside mobile containers that can be deployed anywhere,
And that's why it completely changes the game. βοΈ
Each container has everything needed to set up an active production line:
16 industrial 3D printers operating at high speed. βοΈ
Only 2 technicians are required to operate this entire system. π
Using X-Ray Schematics to ensure everything is manufactured with maximum precision. βοΈ
Think of it this way: any aircraft carrier or ship - can easily become a drone manufacturing plant... π«
All that's needed is to load the container onto the ship! π₯
Each such container can produce up to 1,080 combat-ready drones annually - and the plan is to deploy 35 such units by 2030, which will enable mass production without the need for permanent and cumbersome infrastructure. π
The company has already secured a very significant contract with the European Union - worth $645.7 million. πͺ
This is a "sole-source" contract, meaning a contract awarded to them as an exclusive supplier without competitors. π€
(This shows how much the military believes in this technology...? πͺ)
According to the contract - they are expected to supply 4,800 attack drones by 2028. π
The ability to produce the equipment very close to combat zones saves a lot of money and time on transportation and logistics. βοΈ
π Let's dive into the data:
When looking at the raw data of AVEX versus competitor ONDS - significant disparities are evident,
On one hand, we have a company with a market cap of approximately $3.3 billion that generated $432.9 million in revenue in 2025. π
And on the other hand, a company worth over $5 billion but generated only $50.7 million in revenue. π€
This means AVEX currently generates almost 9 times more revenue, despite trading at only about 72% of its competitor's market cap. π
Does AVEX's strength continue in the 2026 forecasts?
It has a funded order backlog of $503 million, which translates at a rate of 96.6% into an impressive revenue forecast of $800 million. π΅
On the other side - for ONDS, the situation appears less stable because there is no report of a similar funded order backlog, and their forecast jumped from $110 million to $375 million within 5 months solely due to a series of 12 acquisitions of different companies carried out within nine months. π€
In terms of operational footprint, the differences are also vast - because AVEX operates a factory of approximately 100,000 square feet in Tampa that produces 10 drones per 1,000 square feet each month. βοΈ
At the same time, ONDS has no drone factory in the United States, and its entire production system spans 23,000 square feet. π
In terms of customers - AVEX holds exclusive contracts with the Pentagon totaling $1.2 billion, it has already supplied 10,000 drones to Ukraine - and even beat Anduril in a prestigious US Army program. πΊπΈ
Examining the stock structure - AVEX was IPO'd just a few days ago with 112.5 million shares available, with a lock-up on 79% of them until October. π€
For ONDS, the number of shares jumped from 49 million to 482 million within three years, with insiders even selling $12 million worth of shares during the rise. π€
At AVEX, four executives quickly purchased shares on the IPO day,
Total insider purchases amount to $1,220,000. π΅
Currently, AVEX trades at a forward revenue multiple of 4.5 on 85% growth - while ONDS trades at a multiple of 28. π
We are monitoring π