US drone firms gain as Trump announces tariffs on drone imports

AeroVironment

14/08/2026 09:57

    ** Shares of some U.S. drone companies rise in premarket
trading
    ** Unusual Machines  UMAC.A  shares up 15%, Red Cat
Holdings RCAT.O  adds 8%, Aerovironment AVAV.O   gains 3%
    ** Other firms including Aureus Greenway Holdings  PUSA.O 
adds 5.2%, Kratos Defense & Security Solutions  KTOS.O  advances
1.5%
    ** U.S. President Donald Trump said on Thursday he will
impose tariffs on imports of drones and their components,
including from some key U.S. allies
    ** Tariffs will take effect in 21 days, the White House said
    ** For components of drones that are not particularly
sensitive, the tariffs will take effect 180 days after signing,
it said


 (Reporting by Sudeshna Ghoshal in Bengaluru)
 ((Sudeshna.Ghoshal@thomsonreuters.com;))