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The UAE Doubles Down On Drones, Greenland Rare Earths, And The Trumps Team Up For Bitcoin Mining

The UAE Doubles Down On Drones, Greenland Rare Earths, And The Trumps Team Up For Bitcoin Mining

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April 01, 2025

The UAE Is Buying More Drones From Ondas Holdings For Public Safety

Ondas Holdings (NASDAQ: ONDS) won a new $3.2 million contract with a government entity in the United Arab Emirates for their Optimus System drone network. The United Arab Emirates has been leveraging drones for first response to emergency situations as part of a government backed initiative known as Drone Box and has been rapidly adoption leading edge drone technology as a new paradigm for public safety.

Critical Metals Unveils New Preliminary Economic Assessment For Greenland Rare Earths

Critical Metals (NASDAQ: CRML) announced a new Preliminary Economic Assessment of their Tanbreez project located in Greenland with a Net Present Value of $3 billion. Critical Metals has publicly stated their initial production plans are for 85,000 tons of rare earth oxides annually, with the intent to scale up to 425,000 tons annually.

Hut 8 And The Trump Family Are Teaming Up On A New Bitcoin Mining Company

Hut 8 (NASDAQ: HUT) and Eric Trump and Donald Trump Jr have partnered together to launch a new Bitcoin mining company known as American Bitcoin. Hut 8 is one of the largest publicly traded Bitcoin mining companies in North America and will contribute approximately 61,000 ASIC mining rigs to ramp up operations.

The Sprint

Idaho Strategic Resources (NYSE: IDR) officially announced new exploration plans to advance their flagship rare earth elements properties located in central Idaho.
MDA Space (TSX: MDA) announced they will acquire SatixFy Communications (NYSE: SATX). Satixfy develops semiconductor solutions for satellite broadband and direct to device networks.
Newsmax (NYSE: NMAX) officially began trading on the New York Stock Exchange Monday following a successful $75 million IPO financing at $10 per share. Shares soared to over $230 per share by market close on Tuesday.
OpenAI raised $40 billion in a new financing round that valued the company at approximately $300 billion.
Isomorphic Labs raised $600 million in their first ever financing round. The Google Deepmind spinout company is aiming to use artificial intelligence to disrupt the future of drug discovery.
Chef Robotics has raised $43.1 million in a new Series A financing round to advance their technology for automating food production.
Circle, the issuer of the USDC stablecoin, officially filed a Form S-1 with the United States Securities and Exchange Commission to list on a major stock exchange in America.

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