The war in the Middle East has done more than rattle global energy markets.
It’s thrust drone technology into the global spotlight.
Drones are unmanned aircraft. Militaries use them to perform surveillance, as well as carry out attacks.
They’ve been playing a major role in the latest conflict. Both sides are using them extensively.
Iran has turned cheap kamikaze drones into flying IEDs. They’re slamming them into bases, energy infrastructure, and even civilian targets.
Meanwhile, the US and Israel are deploying high-end drones for precision strikes and real-time intel.
Investors have taken notice. Take a look at some of these drone stock charts.
Shares of Unusual Machines (UMAC) have spiked 65% since the start of the year. UMAC is now on the verge of breaking out of a huge base.
Source: StockCharts
Red Cat Holdings (RCAT) has been even stronger. It’s up 115% year-to-date and is also on the cusp of a major breakout.
Source: StockCharts
Then we have Ondas (ONDS). Ondas builds wireless networks that help drones and critical infrastructure communicate in real time. It was one of last year’s biggest winners, climbing 281% over 2025.
ONDS has spent much of 2026 basing. But it too appears to be on the verge of a major move higher.
Source: StockCharts
Amprius Technologies (AMPX) is another. AMPX is a pick-and-shovels play. It sells specialized batteries that let military and commercial drones fly farther and carry more weight.
AMPX has surged 144% since the start of the year. And it could be headed even higher, as it just broke out of a massive base.
Source: StockCharts
These are among the best stocks in the entire market. I expect these names and other drone stocks to continue to perform well this year.
That said, many of the names mentioned above are speculative. They’re small caps with little to no revenue. Most are trading simply on narrative.
If you’re looking at this space, the names I just walked through could work well in this environment… but understand they come with more volatility, as the broader market is still under immense pressure at the moment.
Inside my RiskHedge Live trading room, we’re already playing this trend with a leading defense and drone technology company. But we’re also positioning across other areas that tend to benefit when geopolitical tensions rise—areas like energy and mining stocks.
That gives us multiple angles on what’s happening, instead of relying on just one theme.
If you’d like to follow along, you can join me in RiskHedge Live here.
Justin Spittler
Chief Trader, RiskHedge
