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Eric Sprott Keeps Buying Hycroft, FTAI's Data Centre Power Play, And The U.S. Army's Newest Drone Supplier

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January 03, 2026

Eric Sprott Is Relentlessly Buying Stock In Hycroft Mining

Billionaire mining investor Eric Sprott has purchased an additional 850,000 shares in silver development company Hycroft Mining (NASDAQ: HYMC), bringing his total holdings to 34.7 million shares and approximately 42% of the company. Eric Sprott also just recently purchased 2.34 million common shares of Hycroft Mining in a private transaction with AMC Entertainment Holdings (NYSE: AMC) who previously helped finance the company.

FTAI Aviation Wants To Use Jet Engines To Power Data Centres

FTAI Aviation (NASDAQ: FTAI) launched a new division known as FTAI Power to convert CFM56 jet engines into power turbines. The power turbines will be capable of providing 25 megawatts of power and be installed directly on site as modular units to provide data centres with electricity. Both GE Vernova (NYSE: GEV) and Siemens have been deploying similar jet engine derived gas turbines directly on location at data centres globally for electricity and backup power.

The U.S. Army Is Buying Drones From AgEagle Aerial Systems

AgEagle Aerial Systems (NYSE: UAVS) sold six of their flagship eBee TAC drones to the United States Army. The drones are purpose built for tactical mapping and intelligence gathering missions through leveraging specialized cameras and sensors that are capable of 3D modelling. The eBee TAC drone is capable of flying for up to 90 minutes straight and can use digital camouflage for stealth operations.

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