{"id":619203,"date":"2026-02-05T22:37:57","date_gmt":"2026-02-06T06:37:57","guid":{"rendered":"https:\/\/nai500.com\/?p=619203"},"modified":"2026-02-05T22:37:57","modified_gmt":"2026-02-06T06:37:57","slug":"%e7%be%8e%e8%82%a1%e6%97%a0%e4%ba%ba%e6%9c%ba%e8%82%a1%e7%a5%a8%e6%8a%95%e8%b5%84%e5%85%a8%e6%99%af%e5%9b%be%ef%bc%9a%e6%8a%93%e4%bd%8f%e5%86%9b%e5%b7%a5%e3%80%81%e7%89%a9%e6%b5%81%e5%92%8c%e8%bd%bd","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2026\/02\/%e7%be%8e%e8%82%a1%e6%97%a0%e4%ba%ba%e6%9c%ba%e8%82%a1%e7%a5%a8%e6%8a%95%e8%b5%84%e5%85%a8%e6%99%af%e5%9b%be%ef%bc%9a%e6%8a%93%e4%bd%8f%e5%86%9b%e5%b7%a5%e3%80%81%e7%89%a9%e6%b5%81%e5%92%8c%e8%bd%bd\/","title":{"rendered":"\u7f8e\u80a1\u65e0\u4eba\u673a\u80a1\u7968\u6295\u8d44\u5168\u666f\u56fe\uff1a\u6293\u4f4f\u519b\u5de5\u3001\u7269\u6d41\u548c\u8f7d\u4eba\u4e09\u5927\u4e3b\u7ebf"},"content":{"rendered":"<p>\u5168\u7403\u65e0\u4eba\u673a\u4ea7\u4e1a\u6b63\u8fce\u6765\u524d\u6240\u672a\u6709\u7684\u6218\u7565\u673a\u9047\u671f\u3002\u6839\u636eGrand View Research\u7684\u6570\u636e\uff0c\u65e0\u4eba\u673a\u5e02\u573a\u89c4\u6a21\u9884\u8ba1\u5c06\u4ece2024\u5e74\u7684731\u4ebf\u7f8e\u5143\u8dc3\u5347\u81f32030\u5e74\u76841636\u4ebf\u7f8e\u5143\uff0c2025\u5e74\u81f32030\u5e74\u7684\u5e74\u590d\u5408\u589e\u957f\u7387\u9ad8\u8fbe14.3%\u3002\u8fd9\u4e00\u589e\u957f\u7531\u4f20\u7edf\u519b\u5de5\u5de8\u5934\u4e0e\u65b0\u5174\u79d1\u6280\u516c\u53f8\u5171\u540c\u9a71\u52a8\uff0c\u5e76\u5728\u519b\u4e8b\u56fd\u9632\u3001\u5b89\u5168\u76d1\u63a7\u3001\u7cbe\u51c6\u519c\u4e1a\u3001\u5de5\u4e1a\u5de1\u68c0\u53ca\u96f6\u552e\u7269\u6d41\u7b49\u5173\u952e\u9886\u57df\u5f00\u82b1\u7ed3\u679c\u3002<\/p>\n<p>\u5bf9\u4e8e\u6295\u8d44\u8005\u800c\u8a00\uff0c\u7eb7\u7e41\u590d\u6742\u7684\u65e0\u4eba\u673a\u6982\u5ff5\u80cc\u540e\uff0c\u53ef\u4ee5\u68b3\u7406\u51fa\u4e09\u6761\u6e05\u6670\u4e14\u5145\u6ee1\u6f5c\u529b\u7684\u6295\u8d44\u4e3b\u7ebf\uff1a\u56fd\u9632\u519b\u5de5\u3001\u7269\u6d41\u914d\u9001\u4e0e\u57ce\u5e02\u7a7a\u4e2d\u4ea4\u901a\uff08\u8f7d\u4eba\u98de\u884c\uff09\u3002<\/p>\n<h2>\u4e3b\u7ebf\u4e00\uff1a\u56fd\u9632\u519b\u5de5 \u2014\u2014 \u653f\u7b56\u4e0e\u8ba2\u5355\u9a71\u52a8\u7684\u786e\u5b9a\u6027\u589e\u957f<\/h2>\n<p>\u8fd9\u4e00\u9886\u57df\u662f\u76ee\u524d\u65e0\u4eba\u673a\u4ea7\u4e1a\u6700\u5f3a\u52b2\u7684\u5f15\u64ce\u3002\u7f8e\u56fd\u56fd\u9632\u90e8\u7684\u6218\u7565\u8f6c\u5411\u4e0e\u5de8\u989d\u91c7\u8d2d\u4e3a\u76f8\u5173\u4e0a\u5e02\u516c\u53f8\u63d0\u4f9b\u4e86\u575a\u5b9e\u7684\u4e1a\u7ee9\u4fdd\u969c\u3002<\/p>\n<p>\u53bb\u5e74\u590f\u5929\uff0c\u7f8e\u56fd\u9632\u90e8\u5e9f\u9664\u4e86\u65e7\u6709\u963b\u788d\u65e0\u4eba\u673a\u751f\u4ea7\u7684\u653f\u7b56\uff0c\u5e76\u542f\u52a8\u4e86\u00a0\u201c\u91ca\u653e\u7f8e\u56fd\u519b\u7528\u65e0\u4eba\u673a\u4e3b\u5bfc\u5730\u4f4d\u201d\u00a0\u8ba1\u5212\u3002\u6839\u636e\u8be5\u8ba1\u5212\uff0c\u4e94\u89d2\u5927\u697c\u5c06\u6295\u5165\u8d8510\u4ebf\u7f8e\u5143\u91c7\u8d2d30\u4e07\u67b6\u4f4e\u6210\u672c\u653b\u51fb\u65e0\u4eba\u673a\uff0c\u800c\u7f8e\u56fd\u9646\u519b\u66f4\u662f\u8ba1\u5212\u5728\u672a\u6765\u4e24\u5230\u4e09\u5e74\u5185\u8d2d\u4e70\u9ad8\u8fbe100\u4e07\u67b6\u65e0\u4eba\u673a\u3002Needham &amp; Co.\u5206\u6790\u5e08Austin Bohlig\u6307\u51fa\uff0c\u7f8e\u56fd\u76ee\u524d\u4ecd\u5904\u4e8e\u663e\u8457\u7684\u4f9b\u5e94\u53d7\u9650\u73af\u5883\uff0c\u56fd\u9632\u90e8\u6b63\u8bd5\u56fe\u5c3d\u53ef\u80fd\u591a\u5730\u83b7\u53d6\u65e0\u4eba\u673a\u3002<\/p>\n<p>\u6838\u5fc3\u6807\u7684\u805a\u7126\uff1a<\/p>\n<ul>\n<li><a href=\"https:\/\/nai500.com\/zh-hans\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%af%a2\/?qm_symbol=AVAV\">AeroVironment (AVAV)<\/a>\uff1a\u6df1\u8015\u5c0f\u578b\u65e0\u4eba\u673a\u7684\u56fd\u9632\u627f\u5305\u5546\uff0c\u660e\u661f\u4ea7\u54c1\u201c\u5f39\u7c27\u5200\u201d\u6218\u672f\u5bfc\u5f39\u7cfb\u7edf\u5728\u4e4c\u514b\u5170\u51b2\u7a81\u4e2d\u5907\u53d7\u5173\u6ce8\u3002\u516c\u53f8\u8fd1\u671f\u8d22\u62a5\u663e\u793a\u9700\u6c42\u5f3a\u52b2\uff0c\u8ba2\u5355\u589e\u957f\u9884\u671f\u660e\u786e\u3002<\/li>\n<li>Northrop Grumman (NOC)\u00a0\u4e0e\u00a0Lockheed Martin (LMT)\uff1a\u4f20\u7edf\u56fd\u9632\u5de8\u64d8\u3002Northrop\u7684\u201c\u5168\u7403\u9e70\u201d\u662f\u9ad8\u7aef\u4fa6\u5bdf\u65e0\u4eba\u673a\u4ee3\u8868\uff0c\u592a\u7a7a\u4e1a\u52a1\u4ea6\u589e\u957f\u8fc5\u731b\uff1bLockheed\u5219\u63d0\u4f9b\u4ece\u201c\u5370\u7b2c\u5b89\u54e53\u201d\u5c0f\u578b\u65e0\u4eba\u673a\u5230F-35\u6218\u6597\u673a\u5728\u5185\u7684\u5168\u4f53\u7cfb\u89e3\u51b3\u65b9\u6848\uff0c\u8ba2\u5355\u957f\u671f\u7a33\u5b9a\u3002<\/li>\n<li>Kratos Defense &amp; Security Solutions (KTOS)\uff1a\u4e13\u6ce8\u4e8e\u65e0\u4eba\u7cfb\u7edf\u548c\u9ad8\u6027\u80fd\u65e0\u4eba\u673a\uff0c\u53c2\u4e0e\u4e86\u7f8e\u56fd\u7a7a\u519b\u201cSkyborg\u201d\u7b49\u5c16\u7aef\u9879\u76ee\uff0c\u8fd1\u671f\u8d22\u62a5\u8425\u6536\u4e0e\u5229\u6da6\u589e\u957f\u663e\u8457\u3002<\/li>\n<\/ul>\n<h2>\u4e3b\u7ebf\u4e8c\uff1a\u7269\u6d41\u914d\u9001 \u2014\u2014 \u4ece\u84dd\u56fe\u8d70\u5411\u73b0\u5b9e\u7684\u5546\u4e1a\u9769\u547d<\/h2>\n<p>\u65e0\u4eba\u673a\u9001\u8d27\u6b63\u9010\u6b65\u8d70\u51fa\u6d4b\u8bd5\u573a\uff0c\u8fdb\u5165\u5546\u4e1a\u5316\u8fd0\u8425\u9636\u6bb5\uff0c\u5438\u5f15\u4e86\u79d1\u6280\u5de8\u5934\u7684\u91cd\u91d1\u6295\u5165\u3002<\/p>\n<ul>\n<li><a href=\"https:\/\/nai500.com\/zh-hans\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%af%a2\/?qm_symbol=AMZN\">Amazon (AMZN)\u00a0<\/a>\u7684Prime Air\u9879\u76ee\u5728\u5386\u7ecf\u591a\u5e74\u6d4b\u8bd5\u540e\uff0c\u7ec8\u4e8e\u5728\u7f8e\u56fd\u52a0\u5dde\u542f\u52a8\u4e86\u9996\u6b21\u5b98\u65b9\u65e0\u4eba\u673a\u9001\u8d27\u670d\u52a1\u3002\u65b0\u7684FAA\u89c4\u5219\u4e3a\u89c4\u6a21\u5316\u8fd0\u8425\u626b\u6e05\u4e86\u90e8\u5206\u969c\u788d\u3002<\/li>\n<li>\u4e0e\u6b64\u540c\u65f6\uff0cAlphabet (GOOGL)\u00a0\u65d7\u4e0b\u7684Wing\u9879\u76ee\u5df2\u6084\u7136\u6210\u4e3a\u9886\u8dd1\u8005\u3002\u8fd9\u4e00\u670d\u52a1\u5df2\u5728\u7f8e\u56fd\u3001\u6fb3\u5927\u5229\u4e9a\u548c\u82ac\u5170\u843d\u5730\uff0c\u5e76\u5728\u53bb\u5e748\u6708\u5b8c\u6210\u4e86\u7b2c10\u4e07\u6b21\u9001\u8d27\u3002Wing\u91c7\u7528\u72ec\u7279\u7684\u201c\u8ff7\u4f60\u673a\u5e93\u201d\u6a21\u5f0f\uff0c\u4e0eWalgreens\u7b49\u672c\u5730\u96f6\u552e\u5546\u5408\u4f5c\uff0c\u4e13\u6ce8\u4e8e\u5feb\u901f\u914d\u9001\u6613\u8150\u5546\u54c1\u3002<\/li>\n<\/ul>\n<p>\u6295\u8d44\u903b\u8f91\uff1a\u7269\u6d41\u65e0\u4eba\u673a\u4e1a\u52a1\u5bf9\u8fd9\u4e24\u5bb6\u5de8\u5934\u800c\u8a00\u867d\u975e\u8425\u6536\u4e3b\u529b\uff0c\u4f46\u5b83\u4eec\u7684\u6210\u529f\u610f\u5473\u7740\u5bf9\u5e9e\u5927\u672b\u7aef\u914d\u9001\u7f51\u7edc\u7684\u98a0\u8986\u6027\u6539\u9020\uff0c\u6218\u7565\u4ef7\u503c\u6781\u9ad8\uff0c\u5e76\u80fd\u53cd\u54fa\u6574\u4f53\u7684\u6280\u672f\u751f\u6001\u4e0e\u6570\u636e\u80fd\u529b\u3002<\/p>\n<h2>\u4e3b\u7ebf\u4e09\uff1a\u57ce\u5e02\u7a7a\u4e2d\u4ea4\u901a\uff08\u8f7d\u4eba\uff09\u2014\u2014 \u63cf\u7ed8\u672a\u6765\u7684\u9ad8\u98ce\u9669\u9ad8\u6f5c\u529b\u8d5b\u9053<\/h2>\n<p>\u8fd9\u662f\u6700\u5177\u79d1\u5e7b\u8272\u5f69\u4e5f\u6700\u8003\u9a8c\u8010\u5fc3\u7684\u6295\u8d44\u9886\u57df\uff0c\u5373\u7535\u52a8\u5782\u76f4\u8d77\u964d\u98de\u884c\u5668\uff08eVTOL\uff09\uff0c\u4fd7\u79f0\u201c\u98de\u884c\u6c7d\u8f66\u201d\u6216\u201c\u7a7a\u4e2d\u51fa\u79df\u8f66\u201d\u3002<\/p>\n<ul>\n<li><a href=\"https:\/\/nai500.com\/zh-hans\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%af%a2\/?qm_symbol=EH\">EHang Holdings (EH)<\/a>\uff1a\u4e2d\u56fdeVTOL\u5148\u9a71\uff0cEHang 216\u7cfb\u5217\u5df2\u83b7\u5f97\u4e2d\u56fd\u6c11\u822a\u5c40\u7684\u9002\u822a\u8ba4\u8bc1\uff0c\u5e76\u5728\u65e5\u672c\u3001\u9a6c\u6765\u897f\u4e9a\u7b49\u5730\u83b7\u5f97\u9884\u8ba2\u5355\uff0c\u81f4\u529b\u4e8e\u5728\u667a\u6167\u57ce\u5e02\u4e2d\u63d0\u4f9b\u7a7a\u4e2d\u4ea4\u901a\u670d\u52a1\u3002<\/li>\n<li>Joby Aviation (JOBY)\uff1a\u7f8e\u56fdeVTOL\u7684\u9886\u5148\u8005\uff0c\u5df2\u83b7\u5f97\u7f8e\u56fd\u7a7a\u519b\u9002\u822a\u8ba4\u8bc1\u548cFAA\u7684Part 135\u822a\u7a7a\u627f\u8fd0\u4eba\u8bc1\u4e66\uff0c\u5e76\u6536\u8d2d\u4e86Uber Elevate\u90e8\u95e8\u3002\u516c\u53f8\u8d44\u91d1\u5145\u88d5\uff0c\u539f\u578b\u673a\u6d4b\u8bd5\u8fdb\u5c55\u9886\u5148\uff0c\u76ee\u6807\u662f\u6210\u4e3a\u7f8e\u56fd\u9996\u6279\u5546\u4e1a\u8fd0\u8425\u7684\u7a7a\u4e2d\u51fa\u79df\u8f66\u670d\u52a1\u5546\u3002<\/li>\n<\/ul>\n<p>\u6295\u8d44\u63d0\u793a\uff1a\u8be5\u8d5b\u9053\u516c\u53f8\u666e\u904d\u5904\u4e8e\u5de8\u989d\u7814\u53d1\u6295\u5165\u548c\u5546\u4e1a\u5316\u7684\u524d\u591c\uff0c\u8d22\u52a1\u4e0a\u5c1a\u672a\u76c8\u5229\uff0c\u80a1\u4ef7\u6ce2\u52a8\u6027\u6781\u5927\u3002\u8fd9\u5c5e\u4e8e\u5178\u578b\u7684\u6210\u957f\u6027\u98ce\u9669\u6295\u8d44\uff0c\u9002\u5408\u5bf9\u884c\u4e1a\u6709\u6df1\u523b\u7406\u89e3\uff0c\u80fd\u627f\u53d7\u9ad8\u6ce2\u52a8\u7684\u6295\u8d44\u8005\u3002<\/p>\n<p>\u9664\u4e86\u8fd9\u4e09\u5927\u4e3b\u7ebf\uff0c\u4ea7\u4e1a\u94fe\u8fd8\u6709\u5176\u4ed6\u673a\u4f1a\uff1a<\/p>\n<ul>\n<li>\u5173\u952e\u90e8\u4ef6\uff1a\u5982\u534a\u5bfc\u4f53\u516c\u53f8<a href=\"https:\/\/nai500.com\/zh-hans\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%af%a2\/?qm_symbol=AMBA\">Ambarella (AMBA)<\/a>\uff0c\u4e3a\u9ad8\u7aef\u65e0\u4eba\u673a\u63d0\u4f9b\u89c6\u9891\u5904\u7406\u4e0e\u8ba1\u7b97\u673a\u89c6\u89c9\u82af\u7247\uff0c\u662f\u65e0\u4eba\u673a\u7684\u201c\u773c\u775b\u548c\u5927\u8111\u201d\u3002<\/li>\n<li>\u6d88\u8d39\u4e0e\u4e13\u4e1a\u7ea7\u5e02\u573a\uff1a\u6cd5\u56fd\u516c\u53f8Parrot SA (PAOTF)\u00a0\u4ece\u6d88\u8d39\u7ea7\u65e0\u4eba\u673a\u8f6c\u5411\u6d88\u9632\u3001\u5b89\u9632\u7b49\u4e13\u4e1a\u9886\u57df\uff0c\u5bfb\u6c42\u66f4\u5e7f\u9614\u7684\u5e02\u573a\u3002<\/li>\n<li>\u5fae\u578b\u80a1\u673a\u4f1a\uff1a\u5982\u52a0\u62ff\u5927\u7684<a href=\"https:\/\/nai500.com\/zh-hans\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%af%a2\/?qm_symbol=DPRO\">Draganfly Inc. (DPRO)<\/a>\uff0c\u63d0\u4f9b\u591a\u884c\u4e1a\u65e0\u4eba\u673a\u89e3\u51b3\u65b9\u6848\uff0c\u5c5e\u4e8e\u9ad8\u6ce2\u52a8\u6027\u7684\u201c\u4f4e\u4ef7\u80a1\u201d\u673a\u4f1a\u3002<\/li>\n<\/ul>\n<h2>\u603b\u7ed3<\/h2>\n<p>\u65e0\u4eba\u673a\u4ea7\u4e1a\u5df2\u4e0d\u518d\u662f\u5355\u4e00\u7684\u6982\u5ff5\uff0c\u800c\u662f\u5206\u5316\u51fa\u5177\u6709\u4e0d\u540c\u9a71\u52a8\u903b\u8f91\u3001\u98ce\u9669\u6536\u76ca\u7279\u5f81\u548c\u6295\u8d44\u65f6\u95f4\u6846\u67b6\u7684\u7ec6\u5206\u8d5b\u9053\u3002\u519b\u5de5\u7ebf\u63d0\u4f9b\u5f53\u4e0b\u7684\u786e\u5b9a\u6027\uff0c\u7269\u6d41\u7ebf\u5c55\u793a\u4e2d\u671f\u7684\u5546\u4e1a\u5316\u843d\u5730\uff0c\u8f7d\u4eba\u7ebf\u5219\u627f\u8f7d\u957f\u8fdc\u7684\u672a\u6765\u60f3\u8c61\u3002\u6295\u8d44\u8005\u53ef\u6839\u636e\u81ea\u8eab\u7684\u98ce\u9669\u504f\u597d\uff0c\u5728\u8fd9\u5f20\u65e5\u76ca\u6e05\u6670\u7684\u201c\u6295\u8d44\u5168\u666f\u56fe\u201d\u4e2d\uff0c\u6355\u6349\u5c5e\u4e8e\u81ea\u5df1\u7684\u589e\u957f\u673a\u9047\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u5168\u7403\u65e0\u4eba\u673a\u4ea7\u4e1a\u6b63\u8fce\u6765\u524d\u6240\u672a\u6709\u7684\u6218\u7565\u673a\u9047\u671f\u3002\u6839\u636eGrand View Research\u7684\u6570\u636e\uff0c\u65e0\u4eba\u673a\u5e02\u573a\u89c4\u6a21\u9884\u8ba1 [&hellip;]<\/p>\n","protected":false},"author":27,"featured_media":579606,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1521,430],"tags":[2415,2152,2155,1999],"class_list":["post-619203","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1521","category-trends-strategies-zh-hans","tag-u-s-stocks-zh-hans","tag-2152","tag-2155","tag-1999","sectors-technology-zh-hans","locations-china-zh-hans","locations-canada-zh-hans","locations-europe-zh-hans","locations-us-zh-hans","exchange-nasdaq-zh-hans","exchange-nyse-zh-hans"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/619203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=619203"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/619203\/revisions"}],"predecessor-version":[{"id":619206,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/619203\/revisions\/619206"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media\/579606"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=619203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=619203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=619203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}