A record number of people are expected to descend on the nation’s capital this week to protest President-elect Joe Biden’s inauguration. Unlike past Inaugurations, the protests are expected to extend well beyond the nation capital, with a record number of riots predicted based on record number of permits granted to protesting groups.
Due to the severe security threats surrounding the inauguration, the USA has now issued a Federal Emergency Declaration. The declaration allows Homeland Security and FEMA to coordinate with local authorities, with the FBI, ATF, and National Guard establishing strong presence in a number of key state capitols. This ultra-high scale of escalation among US federal agencies has put enormous strain on the ability to adequately surveil the specific locations where riots and insurrections are planning to take place.
In fact, in a recent research study, the global video surveillance market is expected to reach $62.62 Billion by 2023,
“The increasing demand for Video Content Analytics and Video Surveillance as a Service incorporation of artificial intelligence in video surveillance systems, increasing demand of intelligent transportation systems and integration of surveillance with technologies such as drones and body-worn cameras have been identified as the key opportunities that could escalate the market growth in the coming years.”
One company seeing first-hand the demand of surveilance and “unrest detection”, is DirectView Holdings, Inc. (OTC: DIRV). This company focuses on ownership and management of leading video and security technology companies, and recently announced the Company’s wholly-owned subsidiary, Virtual Surveillance has been contracted to provide and install surveillance equipment for a Texas municipality. According to the press release,
“Phase one of the contract was to service local police department and jail with security cameras and access control. Phase two of the contract involves upgrading various parks and recreation locations, providing total surveillance visibility throughout the region.”
A lot of investors will be taking notice of this stock due to the high demand the company finds it self in due to the current civil unrest prospects, but also because it is trading near its 52-week low, and only has just over 15 million outstanding shares.
Switching gears, another company that may provide solutions for chemical detection, FLIR Systems, Inc. (NASDAQ:FLIR), has been surging as of late, with its strong background in surveillance and chemical sensing programs. Currently, the company is trading at a near all time high of $54.03.
In fact, the company just announced a number of new contracts.
ARLINGTON, Va., January 13, 2021 ― FLIR Systems, Inc. (NASDAQ: FLIR) announced it has received awards from the United States (U.S.) Customs and Border Protection (CBP) to deliver improved air and ground surveillance capabilities using advanced thermal imaging and drone technology. All awards are potentially worth more than $23 million, including for delivery of the next-generation FLIR LVSS™ (Lightweight Vehicle Surveillance System) for CBP’s Mobile Surveillance Capability (MSC) program and delivery of FLIR SkyRaider™ drone tether kits, FLIR StormCaster™-T sensor payloads, and other technology for CBP’s Low Altitude Autonomous Safety and Situational Awareness for Officers (LASO) program. The LASO contract has a base value of $545,000 and was awarded from a competitive General Solicitation under authority of the Department of Homeland Security’s Commercial Solutions Opening Pilot Program.
Expanding further, some Defence stocks are beginning to perk up in-light of the increase of domestic and foreign unrest. Additionally, ARK investments recently announced they are adding the first Space Exploration related ETF, which has been the talk of Wall Street this month. Undoubtedly, a large number of space related companies are in fact United States defense stocks.
Combining these two elements, we have some emerging companies that cater to both domains. One in particular is KULR Technology Group, Inc (KULR).
They are already not only working with NASA, but providing NASA with components for their systems. Their engineers have already designed and built the evaporative cooling device for the DAQ and transmitter modules in the nose of the NASA X-51 Waverider
It remains to be seen whether this year might be another one for the history books. What is for certain is the current divide in the country, which will undoubtedly show as the new president works his way through his first term. Domestic Defence and Global Defence in general will be sectors to keep an eye on.