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Barchart
Wajeeh Khan

This AI Drone Stock Is Soaring on a New Navy Win. Should You Chase the Rally Here?

Gaxos.ai (GXAI) shares ripped higher on March 5 after the artificial intelligence (AI) drone firm said it has secured a new military contract from the U.S. Navy. 

This licensing deal involving Gaxos.ai affiliate America First Defense centers on its “Detachable Drone Hijacker,” which taps on cyber-operations to neutralize hostile drones. 

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