1Wk·

TYTAN Technologies and Dedrone cooperate on drone defense for the German Armed Forces

My dears,

Axon Enterprise is currently below the 200-day line, perhaps a good buying opportunity.

What is your opinion here?

The Munich-based technology start-up TYTAN Technologies is cooperating with Dedrone to develop "Europe's next-generation autonomous air defense architecture - scalable, software-defined and networked". As Dedrone's parent company Axon writes in a press release today, the combination of state-of-the-art AI, modular and cost-efficient hardware with comprehensive system integration and sensor fusion capabilities will define joint project standards in the field of autonomous interception technology and provide decisive, affordable protection in all dimensions.

Dedrone is a company formerly founded in Kassel, Germany, with a focus on drone defense, which was acquired by the US Axon Group in May 2024

Full report at the link ⬇️

https://www.hartpunkt.de/tytan-technologies-und-dedrone-kooperieren-bei-drohnenabwehr-fuer-die-bundeswehr/

www.hartpunkt.deTYTAN Technologies und Dedrone kooperieren bei Drohnenabwehr für die Bundeswehr

13 Comments

TradingHase@TradingHase

1Wk

if the Bundeswehr is already buying it, I'd rather stay away from it 😂

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View all 10 further answers

Investment_Inka@Investment_Inka

1Wk

I had added $AXON to my portfolio before Liberation Day and was not patient enough with the share's recovery after the crash. After the earnings, it made such a leap that I regretted selling and have been looking for a new entry point ever since.

With the current downward movement, the time seems to be approaching. However, I would wait and see how the issue of a possible financial crisis in the USA develops. If more banks get into trouble, this could lead to a longer downward trend and even better purchase prices at $AXON. I don't think so, because the banks concerned are probably having problems due to fraud, but people have become very cautious again.

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Tenbagger2024@Tenbagger2024

1Wk

@Investment_Inka
I would also wait and see. I really like Axon as a company, but the high valuation has always put me off buying.

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