JPMorgan Chase Invests in Drone Defense Firm Droneshield
- JPMorgan Chase now holds at least 5.31% of Droneshield’s outstanding shares.
- Droneshield, based in New South Wales, Australia, specializes in radio frequency sensing and AI.
- The company’s stock has risen by 132% since January 1st and is up 1,475% from its 2020 low.
- Other major holders of Droneshield include Vanguard, Charles Schwab, Fidelity, and State Street.
- Jamie Dimon sold JPMorgan shares worth approximately $265.28 million in early 2024.
JPMorgan Chase has become a significant shareholder in Droneshield, controlling over 5.31% of the company’s shares as the stock has surged significantly this year.
Source (2.6)https://dailyhodl.com/2025/05/03/jpmorgan-chase-quietly-places-bet-on-asset-thats-soared-134-this-year/?rand=59076
