LIDAR Technology, a global leader in lidar technology for sensing and control, has surged as of Wednesday’s closing price, increasing its market cap to $3.6 billion.
Zebra Technologies, which designs and manufactures lidar sensors and control systems, rose 4.71% on Wednesday morning, according to data from Thomson Reuters data.
Lidar Technology shares jumped as much as 4.1% Wednesday afternoon.
Zeros technology is a highly advanced technology that uses lasers to scan and capture objects in an environment.
It has applications in everything from mapping cars to the Internet of Things, where the technology can help identify and track objects.
The stock has surged since the start of the year.ZERO Technologies stock is up 9.3% in the past 24 hours, according the Thomson Reuters Data Science Index.
Zealand Technologies, a subsidiary of the oil and gas giant Chevron, is up 11.9% in a short span of time, according data from FactSet.LNG Technologies, an energy technology company that focuses on liquefied natural gas (LNG) and natural gas liquids, is down 1.6% in two months.MILITARY TECHNOLOGYS stocks have been up for a long time.
The military technology company Precision Machinery (PPM) has surged 15.9%, the U.S. Air Force has surged 19.3%, and the Marine Corps has surged 23.4%.
Military technology stocks have also risen recently.