[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Benzinga [@Benzinga](/creator/twitter/Benzinga) on x 305.8K followers Created: 2025-07-11 18:00:27 UTC In a video posted on X, Hegseth said he was rescinding previous restrictions on drone production and deployment. He called drone tech “vital” and criticized the Pentagon’s slow embrace of a technology the U.S. helped pioneer. “The Department’s bureaucratic gloves are coming off,” he said in a memo, adding that risk-avoidance had become a bigger threat than risk itself. The move triggered a wave of enthusiasm among investors. Red Cat Holdings jumped 13.6%, AeroVironment gained 3.3%, and AgEagle rose 11%. Other drone-related names like Kratos Defense, Ondas Holdings, and Unusual Machines also saw strong gains. Hegseth’s policy shift follows an executive order signed by President Trump in June that prioritized domestic drone manufacturing and addressed concerns over foreign drones operating in U.S. airspace. Together, the moves signal a significant government push to accelerate the U.S. drone industry and reduce dependence on foreign drone tech. By relaxing long-standing procurement and operational rules, the Pentagon hopes to fast-track deployment, boost innovation, and reassert U.S. dominance in unmanned systems. Investors are betting the impact could be substantia  XXXXX engagements  **Related Topics** [pioneer](/topic/pioneer) [stocks technology](/topic/stocks-technology) [hegseth](/topic/hegseth) [Post Link](https://x.com/Benzinga/status/1943732130892091405)
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Benzinga @Benzinga on x 305.8K followers
Created: 2025-07-11 18:00:27 UTC
In a video posted on X, Hegseth said he was rescinding previous restrictions on drone production and deployment. He called drone tech “vital” and criticized the Pentagon’s slow embrace of a technology the U.S. helped pioneer. “The Department’s bureaucratic gloves are coming off,” he said in a memo, adding that risk-avoidance had become a bigger threat than risk itself.
The move triggered a wave of enthusiasm among investors. Red Cat Holdings jumped 13.6%, AeroVironment gained 3.3%, and AgEagle rose 11%. Other drone-related names like Kratos Defense, Ondas Holdings, and Unusual Machines also saw strong gains.
Hegseth’s policy shift follows an executive order signed by President Trump in June that prioritized domestic drone manufacturing and addressed concerns over foreign drones operating in U.S. airspace.
Together, the moves signal a significant government push to accelerate the U.S. drone industry and reduce dependence on foreign drone tech. By relaxing long-standing procurement and operational rules, the Pentagon hopes to fast-track deployment, boost innovation, and reassert U.S. dominance in unmanned systems. Investors are betting the impact could be substantia
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