Hello my dears,

as I was shocked to discover while watching today's "Presseclub". The EU, and Germany in particular, is very poorly positioned when it comes to critical infrastructure, cyber attacks and drone defense. The plan here is to improve security at all costs.

Dear all, which companies do you think should benefit from this?

@EpsEra
@Multibagger

$DRO (+11,21 %)
$AVAV (+4,73 %)
$ESLT (+1,18 %)
$EOS
$YSN (-1,87 %)
$LMT (+1,13 %)
$RTX (-0,58 %)

$HAG (+2,14 %)
$AXON (-0,86 %)
$FLT (+6,04 %)
$FQT (+4,39 %)
$RHM (-0,35 %)

Following airspace violations in Denmark and Eastern Europe, the European Union is pushing ahead with the construction of a "drone wall". What is known about the project so far.

Following several mysterious drone overflights in Denmark and repeated airspace violations by Russian drones in Eastern European countries, the EU wants to better protect its eastern flank. At the heart of the plans is a so-called "drone wall" - a defense system designed to detect, track and intercept unmanned aerial vehicles. What exactly the EU is planning, who is involved and how quickly the wall could be built: the most important questions and answers.

Who is building the drone wall?

The plans for the drone wall were presented at a video conference of EU defense ministers. The conference was mainly attended by Eastern European EU states, Bulgaria, Estonia, Latvia, Lithuania, Poland and Romania, as well as Finland. EU High Representative for Foreign Affairs Kaja Kallas, several representatives of the NATO defense alliance and the current Danish EU Council Presidency also took part. Conspicuously absent from the meeting was Germany - although security experts in this country have long warned of serious gaps in drone defense.

The EU wants to use its own financing instruments to fund this. EU Defense Industry Commissioner Kubilius spoke of a "protective shield for the eastern flank that will benefit the whole of Europe". At the same time, national defence budgets and the European defence industry are to be mobilized.

When will the drone wall be in place?

EU Defense Industry Commissioner Kubilius said in an interview with the news website Euractiv that the drone wall could be built within a year. However, EU officials do not expect the development of a comprehensive sensor network to improve airspace surveillance to be completed until the end of 2026. The development of an interception system is likely to take even longer. In the short term, additional sensors are to be installed first.

With material from the news agencies dpa and AFP

https://www.zeit.de/politik/2025-09/drohnenwall-eu-russland-drohnen-abwehrsystem-ostgrenze#wer-baut-den-drohnenwall

Dobrindt announces drone defense center

Following numerous drone sightings in Europe, the German government wants to introduce countermeasures. Interior Minister Dobrindt classifies the threat as "high" and is planning a drone defense center.

The German government wants to set up a drone defense center. This is Interior Minister Alexander Dobrindt's response to the numerous sightings of missiles of unknown origin. The CSU politician said that there was a threat that could definitely be classified as "high".

Detecting, intercepting and shooting down drones are the basis for drone defense. Repositioning is an urgent project, explained Dobrindt.

Pooling expertise

According to him, the drone defense center should bundle the competencies of the federal police, the Federal Criminal Police Office and the police authorities of the federal states. Dobrindt said he wanted to bring together expertise and initiate new research projects.

New technology for fighting drone against drone

Fighting drones with nets or by so-called "jamming" (interrupting radio signals) has limited effect, according to Dobrindt. The Minister of the Interior is focusing on developing new technologies for drone-on-drone combat: "We can't wait for others to make this available".

According to the Interior Minister, the new drone defense center is the first part of a two-pillar strategy. As the second pillar, Dobrindt announced a new version of the Aviation Security Act in order to regulate the legal basis for defense measures.

DroneVation in Vienna - Austria discusses drones & drone defense. $RHM (-0,35 %)

Appropriate systems are needed for defense. The Austrian head of armaments was accordingly proud to announce that he was the first customer for Rheinmetall's Skyranger system. He was in Zurich just last week and was able to see the progress of the procurement. "I can tell you that the 3.5 cm cannon systems will arrive on time and on schedule."

Painful for the German Bundeswehr - it will have to wait longer than planned for its new Skyrangers. Austria will receive its 36 air defense turrets earlier. The German Armed Forces have selected the Pandur Evo from GDELS as the carrier platform, as the vehicle is also available in other functions in the troops.

https://defence-network.com/1-dronevation-oesterreich-diskutiert-drohnen/

$AVAV (+4,73 %)

AeroVironment: Step by step towards becoming a defense tech group

One of the biggest beneficiaries of the drone trend has traditionally been the US company AeroVironment from Arlington in the US state of Virginia. Founded in 1971, the company once made a name for itself with aircraft innovations and has been taking off as a drone supplier since the 2000s. AeroVironment primarily manufactures small and medium-sized reconnaissance drones and unmanned ground vehicles. Until 2025, AeroVironment was mainly known as a drone specialist, but in May the company bought defense technology provider BlueHalo for USD 4.1 billion as part of a share swap. Thanks to this acquisition, the company is now a diversified defense company with capabilities in space, drone defense, cyber, laser weapons and satellite technology. At the end of the third quarter of the 2025 financial year, the order backlog reached a record high of USD 764 million.

https://www.n-tv.de/wirtschaft/der_boersen_tag/Milliardendeal-Kampfdrohnen-Konzern-uebernimmt-Produzenten-von-Drohnenabwehr-article25372828.html

$FLT (+6,04 %)

While AeroVironment is valued at around USD 10 billion on the stock exchange, the Canadian drone specialist Volatus Aerospace, which has also been active for many years, only has a valuation of around EUR 200 million. Despite the significant difference in valuation, Volatus has also already proven that it is compatible with NATO standards. In 2025, Volatus landed NATO contracts in the areas of education and training as well as for the delivery of reconnaissance drones. Analyst Rob Goff from Ventum Capital sees these successes as indications of further potential for NATO contracts. Media reports repeatedly refer to Volatus' bulging order pipeline.

In addition to the military sector, Volatus also offers civilian solutions, for example for monitoring infrastructure such as bridges or pipelines, through to the Condor XL transport drone, with which the company intends to carry out test flights from the end of the year to test its use in the areas of logistics and forestry. Military use of such transport drones is also conceivable in principle.

$ESLT (+1,18 %)

Airborne lasers - the next generation of drone defense

While the ground-based laser weapon developed in Israel has already proven its effectiveness against drones, efforts to develop an airborne system have been intensified. The airborne laser program is being led by the Israeli company Elbit Systems. Meanwhile, the lasers developed as a defensive weapon are also being considered for offensive use.

https://defence-network.com/luftgestuetzte-laser-drohnenabwehr/

Israeli drone defense for German warships?

https://marineforum.online/israelische-drohnenabwehr-fuer-deutsche-kriegsschiffe/

Drone defense: Bundeswehr receives first interceptor drones from Argus Interception

https://www.hartpunkt.de/drohnenabwehr-bundeswehr-erhaelt-erste-fangdrohnen-von-argus-interception/

https://argus-interception.com/de/

$FQT (+4,39 %) Frequentis

https://getqu.in/j9ucf2/

$AXON (-0,86 %) (my dears, perhaps the Kassel-based company has a good chance)

US group Axon buys Kassel-based company Dedrone

The company Dedrone discovered a gap in the market for itself with the defense against approaching drones. With great success. Now it is being taken over by an American security company. The company site in Kassel is also set to benefit from this.

https://de.dedrone.com/

https://www.hessenschau.de/wirtschaft/us-konzern-axon-kauft-kasseler-unternehmen-dedrone-v1,dedrone-verkauft-100.html

$EOS

https://esut.de/2025/08/meldungen/62305/eos-liefert-100-kw-laser-drohnenabwehr/

https://getqu.in/dd0DoN/

Echodyne launches the EchoShield Rapid Deployment Kit on the market

With the proliferation of drones in the airspace, the need to quickly deploy situational awareness zones that detect, track, identify and contain threats is increasing. The RDK is designed for quick and easy deployment of four radars for robust, high-precision hemispheric coverage. The addition of the RDK to the EchoShield portfolio creates leading positions in all areas - from fixed sites to mobile deployments (OTM) to rapidly deployable temporary missions.

About Echodyne. $NOC (+0,56 %)

Echodyne, the radar platform company, is a U.S. designer and manufacturer of advanced commercial radar systems for defense, government and commercial market applications. The company combines the patented Metamaterials Electronically Scanned Array (MESA®) architecture with powerful software and machine learning to deliver highly accurate situational awareness data that locates airborne and ground-based activity with unmatched speed, accuracy and precision. Echodyne's products are proven and trusted by military, government, integrators and critical infrastructure around the world. They set a new standard for radar quality. The privately held company is headquartered in Kirkland (WA, USA) and is backed by Bill Gates, NEA, Madrona Venture Group, Baillie Gifford, Northrop Grumman and Supernal, among others. See Radar in action at Echodyne.com.

Rohde & Schwarz presents new multi-band jammer for drone defense.

(Rohde & Schwarz GmbH & Co. KG is a privately held company and therefore has no shares,)

https://www.hartpunkt.de/ardronis-effect-rohde-schwarz-praesentiert-neuen-multiband-stoersender-fuer-die-drohnenabwehr/

$AXON (-0,86 %)

https://www.sec.gov/Archives/edgar/data/1069183/000106918325000194/xslF345X05/wk-form4_1755290214.xml

The share is currently in a drawdown of 13%.

What do you think of $AXON (-0,86 %)?

The price/sales ratio (P/S) relative to sales growth is a one-dimensional view, but nevertheless provides a good initial overview:

Table = sorted in descending order by market capitalization

Which companies do you see as having the greatest potential in the next 5 years?

$PLTR (-6,93 %)

$NOW (+0,37 %)

$SHOP (+6,58 %)

$SPOT (-3,82 %)

$PANW (-1,27 %)

$CRWD (-1,48 %)

$CSU (+3,25 %)

$HOOD (+2 %)

$RBLX

$ABNB (-1,25 %)

$COIN (+1,92 %)

$FTNT (-0,38 %)

$NET (-4,06 %)

$AXON (-0,86 %)

$TTD (+0,74 %)

$RDDT (-0,01 %)

$DUOL

$HIMS (-8,64 %)

$BMBL

$AAPL (-0,07 %) Apple, Inc. (ISIN: US0378331005)

$ADBE (-1,62 %) Adobe Inc (ISIN: US00724F1012)

$AES (+1,39 %) AES Corp (ISIN: US00130H1059)

$AMZN (-1,27 %) Amazon.com Inc (ISIN: US0231)

$APP (-0,45 %) AppLovin Corp (ISIN: US03831W1080)

$AXON (-0,86 %) Axon Enterprise, Inc. (ISIN: US05464C1018)

$BE (+1,55 %) Bloom Energy Corp. (ISIN: US09

$CRM (+0,53 %) Salesforce.com, Inc. (ISIN: US79466L3024)

$GOOGL (-0,67 %) Alphabet Inc (Class A) (ISIN: US02079K3059)

$GTLS (-0,17 %) Chart Industries, Inc. (ISIN: US16115Q3083)

$HUBS (+1,28 %) HubSpot Inc (ISIN: US4435731009)

$JCI (-0,26 %) Johnson Controls International plc (ISIN: IE00BY7QL619)

$NEE (+1,68 %) NextEra Energy, Inc (ISIN: US65339F1012)

$NVDA (-0,8 %) NVIDIA Corp (ISIN: US67066G1040)

$SLB (+0,09 %) Schlumberger N.V. (ISIN: AN8068571086)

$SPGI (+0,87 %) S&P Global Inc (ISIN: US78409V1044)

$TSLA (-2,01 %) Tesla Inc (ISIN: US88160R1

$TT (-0,08 %) Trane Technologies PLC (ISIN: IE00BK9ZQ967)

$$VRTX (-1,28 %) Vertex Pharmaceuticals Inc (ISIN: US92532F1003)

$VERTEX (+0,04 %) Vertex, Inc (ISIN: US92538J1060)

$VST (-0,3 %) Vistra Corp (ISIN: US92840M1027)

$WIX (-1,62 %) Wix.com Ltd (ISIN: IL0011301780)

Morgan Stanley expects these companies to benefit greatly from the global trend towards AI integration, whether through leading chips such as NVIDIA, cloud and software solutions such as Amazon, Alphabet or Salesforce, or specialized applications in energy, industry and biotechnology. With tech giants expected to invest almost 400 billion US dollars by 2026, demand in many of these segments could explode. But while the list reads impressively, there is still the intriguing question of who will ultimately benefit not only from the hype, but also from the sustainable use of this technology.

Source: Boerse-Online (Morgan Stanley report on AI-related stocks)

Image material: Techa Tungateja/iStockphoto

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$PLTR (-6,93 %)
$SOFI (-2,94 %)
$AXON (-0,86 %)
$TTD (+0,74 %)

I am particularly looking at the following companies this week:

Monday

Hims & Hers $HIMS (-8,64 %)

Palantir $PLTR (-6,93 %)

Axon Enterprise $AXON (-0,86 %)

Tuesday

AMD $AMD (-3,56 %)

Wednesday

Shopify $SHOP (+6,58 %)

Bumble $BMBL

Airbnb $ABNB (-1,25 %)

Duolingo $DUOL

What are you looking out for this week?

Hello my dears,

The CEO makes a major contribution to how successful a company is.

A CEO plays a crucial role in the success of a company. According to studies, a CEO's performance has a significant impact on company performance, with estimates ranging up to 45%. An effective CEO can increase company value through strategic direction, leadership and decision-making, while poor leadership can lead to stagnation or even decline.

Here are some aspects of how a CEO contributes to a company's success:

Strategic direction:

The CEO sets the long-term vision and strategy of the company and ensures that resources are utilized efficiently.

Leadership and motivation:

A good CEO motivates and leads employees, creates a positive corporate culture and promotes collaboration.

Decision-making:

The CEO makes important decisions that drive the company forward, whether in terms of products, markets or investments.

Communication:

The CEO is the mouthpiece of the company and communicates both internally and externally to create trust and transparency.

Crisis management:

A capable CEO can react quickly and effectively in crisis situations to avert damage to the company.

A CEO change can have a significant impact on a company, both positive and negative. If a new CEO comes in with a clear vision and effective leadership style, this can lead to a significant upturn, whereas a change to a less capable leader can lead to problems.

The role of the CEO is therefore of great importance for the success or failure of a company. A good CEO is more than just a manager; he or she is a visionary, a leader and a crisis manager who leads the company through all the ups and downs.

Dear ones, which are your favorite CEOs?

And do you even know the CEOs of your investments?

I have to admit I don't know all 59 🙈🙈

But maybe one of your CEOs is one of the 10 from 2024.

To determine the ten most successful CEOs of the year for shareholders, the business medium "The Economist" has compiled a list of CEOs whose total shareholder returns were particularly high compared to the average of listed companies in the S&P Global 1200. The S&P Global 1200 comprises the most valuable companies outside China and India. The information is based on data from "Bloomberg" and was collected between January and December 19, 2024.

10 John-Christophe Tellier (UCB) $UCB (+2,85 %)

Jean-Christophe Tellier is the CEO of UCB, a global biopharmaceutical company based in Brussels. UCB specializes in the development of therapies for people with serious diseases, particularly in the fields of neurology and immunology.

In 2024, the launch of the anti-inflammatory drug Bimzelx in the US led to a sharp rise in the share price. UCB thus achieved a total shareholder return 133 percent higher than the average of the companies in the S&P 1200 over the period under review.

9 Rick Smith (Axon Enterprise). $AXON (-0,86 %)

Rick Smith is the founder and CEO of Axon Enterprise, a technology company that develops public safety solutions. Originally founded in 1993 as Taser International, the company made a name for itself with the development of stun guns used by law enforcement agencies worldwide.

Despite repeated reports of a toxic workplace culture at Axon, the company has had a successful year. The rise in the share price was spurred on by the comments of the newly elected US President Donald Trump, who wants to further militarize the US federal police force. Axon Enterprise generated a 149% higher total shareholder return in 2024 than the average company in the S&P 1200.

8th Tyler Glover (Texas Pacific Land). $TPL (-2,51 %)

Tyler Glover is the CEO of Texas Pacific Land Corporation (TPL), one of the largest private landowners in Texas and an influential company in the energy and real estate industries. TPL owns millions of acres of land in West Texas, particularly in the Permian Basin, one of the most productive oil and gas regions. In 2024, the company's share price rose on expectations that the high energy consumption of AI data centers will boost the business. Texas Pacific Land delivered a 158% higher total shareholder return than the average company in the S&P 1200 over the period.

7 Geir Haoy (Kongsberg). $KOG (+2,02 %)

Geir Haoy is the CEO of Kongsberg Gruppen, a Norwegian technology company operating in various industries, including defense, space, shipping, oil and gas, and digital solutions. In 2024, the company benefited from increasing orders for weapon systems. CEO Haoy achieved a 174 percent higher total return for his shareholders in 2024. 174 percent higher total return than the S&P 1200 average.

6. Yasuhito Hirota (Asics). $7936 (+0,71 %)

Yasuhito Hirota is the CEO of Asics, one of the world's leading sportswear and footwear companies, which is particularly well known for its running and training shoes. This year, one model in particular has been a success for the company: Onitsuka Tiger.

The shoe is trending thanks to posts on social media and has recorded high sales figures. Asics thus achieved a 176% higher total shareholder return than the S&P 1200 average in the period under review.

5 Seiji Izumisawa (Mitsubishi Heavy Industries)

$$7011 (+1,02 %)

Seiji Izumisawa is the CEO of Mitsubishi Heavy Industries (MHI), a Japanese industrial conglomerate that operates in a variety of sectors, including aerospace, power generation, shipbuilding, engineering and defense. Izumisawa has bundled the company's strengths - and focused primarily on the energy and defense sectors. This year, he delivered a 177 percent higher total return to shareholders than the average company in the S&P 1200.

4. Jensen Huang (Nvidia). $NVDA (-0,8 %)

Jensen Huang is the co-founder and CEO of Nvidia, a leader in graphics processing units (GPUs) and artificial intelligence (AI). Under his leadership, Nvidia has evolved from a manufacturer of graphics chips for computers to a global technology giant that also offers solutions for AI, deep learning, cloud computing and self-driving cars.

The rapid growth resulting from the AI hype slowed down this year. The high expectations of analysts were not quite met. Nevertheless, Huang was able to achieve a 180% higher total return for its shareholders in 2024 than the S&P 1200 average.

3rd Jim Burke (Vistra). $VST (-0,3 %)

Jim Burke is the CEO of Vistra, an energy supply company based in Irving, Texas. Vistra is engaged in the generation and distribution of electricity and operates a broad portfolio of energy assets, including gas, coal, wind and solar power plants.

Similar to Texas Pacific Land, his company benefited from increasing energy consumption due to AI data centers. In 2024, it generated a 288% higher total return than the S&P 1200 average.

2nd Christian Bruch (Siemens Energy). $ENR (-2,17 %)

Christian Bruch is the CEO of Siemens Energy, a global company specializing in the development, manufacture and maintenance of technologies for power generation, transmission and distribution. Siemens Energy was created in 2020 as an independent company from the spin-off of the Siemens Energy Division.

In 2024, the company recovered after Siemens Energy posted a loss of more than 4.5 billion euros in 2023. The German government provided billions in guarantees for the troubled company. In 2024, Siemens Energy achieved a total return 312 percent higher than the S&P 1200 average due to the recovery of the share price.

1 Alex Karp (Palantir). $PLTR (-6,93 %)

Alex Karp is the co-founder and CEO of Palantir, a company specializing in data analytics and software solutions. Founded in 2003, Palantir provides big data analytics platforms that are mainly used by government agencies but also by companies in various sectors - and are controversial.

By 2024, the company's market capitalization had risen from USD 36 billion to over USD 180 billion. In September, Palantir was included in the S&P 500 Index of the most valuable companies in the USA. In 2024, Palantir thus achieved a total return 322 percent higher than the S&P 1200 average.

I would have expected some of the CEOs here, but there are also a few that I would not have expected.

I am invested in Siemens Energy, Vistra and NVIDIA

Unfortunately, UCB didn't make it from the Watch into my portfolio.

I hope you enjoyed the presentation of the CEOs.

Please let me know in the comments.

https://www.businessinsider.de/wirtschaft/ranking-die-besten-ceos-fuer-aktionaere-im-jahr-2024/

Motorola Solutions $MSI (+0,42 %) generated sales of around USD 10.8 billion in 2024

64% of which came from the communication devices segment (LMR, video)

36 % from Software & Services (e.g. Command Center, video analytics).

Revenue growth of around 5.5% is expected for 2025, with forecast non-GAAP earnings per share of USD 14.64-14.74. Around 72% of revenue will be generated in North America.

Market capitalization at the end of June 2025 was around USD 69.9 billion.

The latest innovations include the AI-supported multifunctional device SVX and the Assist platform for automating data queries in the field.

Global production (including the USA, Mexico and Malaysia) has also been strengthened in order to counteract customs duties and geopolitical risks.

Motorola Solutions has made three acquisitions in recent months to further expand its software business:

• RapidDeploy (Feb 2025): Provider of cloud-based emergency call systems (NG911),
• Theatro Labs (closing March 2025): Developer of voice-controlled AI workflows for mobile teams,
• InVisit (March 2025): Platform for digital visitor management, integrated into Avigilon Alta.

In previous years, it had already acquired a number of companies with a strong focus on government and military applications. The majority of its business (around 2/3rds) comes from government and military.

The company remains strongly focused on security, government communications and AI-powered video and operational technologies.

I also find it exciting that it is partly in the area of $AXON (-0,86 %) with the AI bodycams. But Axon is still too specific for me

I had Motorola on my shopping list for some time and today the purchase was executed. Yes, it's a high valuation, but I'm afraid it will remain high for the next few years. So I'll have to wait until the share price is considered "cheap".