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US government plans equity stakes in drone firms to boost domestic production and cut China reliance

Market News
28 May 2026
Erica Kollmann
View Source
Bullish
pluang ai news

The US government, under the Trump administration, is negotiating to take equity stakes in domestic drone manufacturers to accelerate production, reduce costs, and lessen dependence on Chinese drone components. This move supports the 'Drone Dominance' executive order signed in June 2025, aiming to deploy 300,000 low-cost attack drones by 2027 with a $1 billion program backing. Several drone companies like Ondas Holdings, Unusual Machines, Red Cat Holdings, Kratos Defense, AeroVironment, and Draganfly are key players in this initiative. While no final deals are confirmed, the market is reacting to the potential government capital infusion into the drone sector.

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Bitcoin nears $65K as U.S. inflation cools, but key investors sell amid uncertain rally.

Bitcoin nears $65K as U.S. inflation cools, but key investors sell amid uncertain rally.

Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...

Technical Signals
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4 hours ago
Bitcoin miners face revenue drop but keep accumulating, pushing BTC price slightly above $65K.

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Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...

Market News
Bullish
4 hours ago
Lululemon backs French startup Syntetica's $30M Series A to recycle hard-to-reuse nylon for sustainable fashion.

Lululemon backs French startup Syntetica's $30M Series A to recycle hard-to-reuse nylon for sustainable fashion.

Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...

Others
Bullish
4 hours ago
Ethereum futures long positions rise sharply, signaling growing trader focus and potential volatility.

Ethereum futures long positions rise sharply, signaling growing trader focus and potential volatility.

Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...

Technical Signals
Bullish
4 hours ago
Japan's top robotics firms join NVIDIA Cosmos to advance AI-driven intelligent machines.

Japan's top robotics firms join NVIDIA Cosmos to advance AI-driven intelligent machines.

NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...

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