The largest bank in the US is to assign capital to an investment in a company that specializes in drone defense technologies.
By one revelation From the company, Chase has become a “significant holder” of Doneshield (Dro), which currently checks at least 5.31% of the outstanding shares.
Droneshield is a company based in New South Wales, Australia, which specializes in radio frequency detection, artificial intelligence (AI) and electronic warfare.
The company offers anti-drone technology to the government, military, law enforcement, VIPs and other entities.
At the time of writing, Dr. 132% has risen since January 1 of this year, and 1,475% rose compared to the LOW 2020, which is currently being traded at $ 1.34 AUD ($ 0.87).
JPMorgan agrees with various other large institutions, including Vanguard, Charles Schwab, Fidelity and State Street, to become large holders of Dro.
While the bank continues to build positions in different assets, her CEO, Jamie Dimon, has periodically discharged its shares in JPMorgan since February 2024.
Dimon sold 133,639 shares of the largest American bank on 14 April with a total of around $ 31.50 million for a total of around $ 31.50 million, and in February the CEO sold 866,361 JPMorgan’s Chase shares worth around $ 233.78 million when the shares near the highest level were traded.
Shares of JPM have currently risen by 13.8% compared to the year and act at $ 253.
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