The largest bank in the United States is to assign capital to an investment in a company specializing in drone defense technologies.
According to a disclosure Since the company, Chase has become a “significant holder” of Droneshield (DRO), currently controlling at least 5.31% of the actions in circulation.
Droneshield is a company based in New South Wales, Australia, specializing in radiofrequency detection, artificial intelligence (AI) and electronic war.
The cabinet provides anti-drone technology to government, soldiers, police, VIPs and other entities.
At the time of writing, DRO has increased by 132% since January 1 of this year, and is up 1,475% compared to its lowest 2020, currently negotiating at $ 1.34 AUD ($ 0.87).
JPMorgan joins several other large institutions, including Vanguard, Charles Schwab, Fidelity and State Street, by becoming great holders of Dro.
While the bank continues to build positions in various assets, its CEO, Jamie Dimon, periodically unloads her actions in JPMorgan himself since February 2024.
Dimon sold 133,639 shares in the largest American bank by a total asset on April 14, for a total of approximately $ 31.50 million, and in February, the CEO sold 866,361 JPMorgan shares for a value of approximately 233.78 million dollars when the action was negotiated at almost all time.
JPM shares are currently up 13.8% over the year, trading at $ 253.
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