New data show that Saudi Arabia purchased a record $47.2 million worth of small drones from Taiwan last month, underscoring how governments are beginning to rapidly procure suicide drones.
Bloomberg was the first to cite new data from Taiwan's Ministry of Finance showing that drone exports surged in June, driven by a record order from Saudi Arabia. The timing suggests Riyadh absorbed many hard lessons during the US-Iran conflict and is moving quickly to build stockpiles of one-way attack and interceptor drones.
The exported drones weighed roughly 7 to 15 kilograms - or up to 30 pounds - and in a recent report by Piper Sandler analyst Clarke Jeffries, these drones are considered Group 1 and Group 2.
Jeffries laid out three key insights about the rapidly changing defense landscape:
He also listed ways to profit from the drone industry as the wave of orders begins:
Read:
- "Only The Beginning": How To Profit From The Asymmetric Warfare Boom
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