The time of robots limited mainly to manufacturing applications has been over for a long time – industry is developing rapidly and is integrated into many different sectors thanks to rapid developments in AI and automation. Analysts expect this leading to major industry growth in the coming years, with an expected TCAC of more than 15% over the next seven years to reach a size of almost $ 170 billion in the world in 2032.
As for AI and other rapidly evolving technological spaces, robotics is home to both more established companies that venture into space – the Japanese Mitsubishi Conglomerate and even large technological companies like Nvidia Corp. (Nasdaq 🙂 Example – as well as small specialized businesses. As the robotics landscape change, some of these smaller names are likely to emerge as increasingly important players.
Although time will tell us how the robotic space develops, three underestimated companies that are worth the detour include Aerovironment Inc. (Nasdaq :), Cognex Corp. (Nasdaq :), and Myomo Inc. (Nyse :).
1. Aerovironment: Good positioning for military applications
Aerovironment is a defense company developing and manufacturing drones and related robotics systems, among other military use systems. The products of the company are experiencing growing demand as global political tensions are increasing, as well as combat trends towards unmanned vehicles and the integration of AI into battle scenarios. The company’s vague systems – which allow unmanned systems to remain engaged without being detected up to an appropriate time for activation – has been particularly popular. Aerovironment announced in mid-January 2025 that he had received a second prescription for delivery from the US military for a long-term contract with a ceiling value of almost a billion dollars.
The last quarter of aerovironment experienced an increase of 4% of one year in the other of income to almost $ 189 million and a sequential increase of 25% of the financed backlog. In addition, the acquisition of the company of November 2024 of the BlueHal company is likely to continue to bear …
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