2Mon·

Renk & Arx develop AI tanks - now it's getting serious for Rheinmetall

Tanks without drivers: Renk and Arx Robotics want to develop autonomous war machines - in the middle of the armaments boom. The big coup could be just the beginning.

Renk and Arx are developing autonomous tank technologies.

Goal: retrofitting existing tanks with AI software.

Market entry in the USA in 2027, Germany too slow.

(Details under the link)

https://www.wallstreet-online.de/nachricht/19608798-ruestungsrevolution-renk-arx-entwickeln-ki-panzer-wird-s-ernst-rheinmetall

www.wallstreet-online.deRenk & Arx entwickeln KI-Panzer – jetzt wird’s ernst für Rheinmetall

19 Comments

ehrlichergauner@ehrlichergauner

2Mon

In general, a THANK YOU to you and @BamBamInvest for your stock presentations & analyses! It >feels< like you can buy everything blindly. 👏

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View all 12 further answers

Maximilian@Max095

2Mon

$R3NK unfortunately also very expensive 🙈

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Tenbagger2024@Tenbagger2024

2Mon

@Max095
As far as I could see, the growth at renk is higher than at Rheinmetall and the valuation is lower.
And it will probably be difficult to find a cheap share among the European defense companies.
And I don't think the forward P/E ratio is too high

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0LIV3R@PIXELINVESTOR

2Mon

Hmm, the Renk share price is not yet positively affected by this. Everything already priced in? But the AI story wasn't foreseeable, was it ... 🤔

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Stephan K.@StrahlemannLP

2Mon

@PIXELINVESTOR The question will be to what extent it helps the soldiers in the field if they have AI assistance. In my view, there will not be an autonomous main battle tank simply because of the doctrine of the vast majority of armed forces. So it will most likely remain a model test and then you take what really makes sense to use in the field. This will not emphasize the people who will at least operate the armoured vehicle.

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Tenbagger2024@Tenbagger2024

2Mon

@StrahlemannLP
Somehow typically German to immediately take a critical view of the whole thing.
In China, it would be an absolute revolution.
For us, it's rubbish.

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Tenbagger2024@Tenbagger2024

2Mon

https://www.deraktionaer.de/artikel/indizes/renk-darum-gibt-die-aktie-heute-gas-20382919.html

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