As Drone Stocks Skyrocket, Cathie Wood Can’t Get Enough of This 1 Name

The drone industry has captured investor attention as autonomous systems are poised to reshape sectors such as defense and logistics, among many others. Cathie Wood's ARK Innovation ETF (ARKQ) reflects this conviction, with Kratos Defense & Security Solutions (KTOS) commanding the second-largest position at 10.31% of the portfolio. While Tesla (TSLA) is the ETF’s top holding at 13.60%, Kratos is Wood's biggest bet on pure-play drone technology. The defense contractor specializes in unmanned aerial systems ...