Use cases & solutions

Navigating the Rise of AAM Stocks: A Drone Industry Overview

Wednesday, 22 November 2023

Drone Industry Insights presents an insightful look into the dynamic realm of advanced air mobility (AAM) stocks in the drone sector. The recent increase in the number of companies entering this market highlights a growing interest and potential in AAM investments. For a detailed exploration of the AAM market beyond market capitalization, Drone Industry Insights' Advanced Air Mobility Report offers an extensive analysis.

Trends in Advanced Air Mobility Stocks

The landscape of AAM stocks has seen a remarkable evolution. Starting from just one listed company in 2021, the count rose to five in 2022, and currently, there are seven players in the AAM stock market. This progression underscores the escalating relevance of the AAM sector within the larger drone industry.

Market Capitalization Insights

In reviewing the AAM stock market in 2022, it is notable that there was a general downturn in stock values. However, three companies distinguished themselves in terms of market capitalization:

  • Joby Aviation (NYSE:JOBY) maintained its position as the leader in market cap throughout the year.
  • Eve Air Mobility (NYSE:EVEX), a newcomer as of May 2022, displayed remarkable stability, securing the second spot in market cap consistently.
  • Vertical Aerospace (NYSE:EVTL) ended the year strongly, holding third place with a significant lead in market cap over its competitors.

Lilium (NASDAQ:LILM) experienced a considerable decline, with its market cap falling from over US$1.6 billion to just above US$334 million by year's end. Other companies such as Archer (NYSE:ACHR), BLADE (NASDAQ:BLDE), and EHang (NASDAQ: EH) maintained market caps below US$1 billion throughout the year, indicating more stability but limited volatility due to their relatively smaller market caps.

Looking Forward: Opportunities and Potential

The presence of AAM stocks in the market, despite recent fluctuations, signals a keen anticipation for the EVTOL (Electric Vertical Takeoff and Landing) segment in the drone industry. The products associated with these stocks are still poised to enter the market, hinting at a future ripe with opportunities for growth and innovation. As the EVTOL market continues to develop, early engagement and investment in this emerging segment of the drone industry could present advantageous prospects for those interested in this cutting-edge field.

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