DroneShield Limited (DRO.AX) Broker Research Note Released by Patersons Securities
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DroneShield works with clients such as prisons, law enforcement, airports, VIPs and event organisers, to protect against the threat of consumer and commercial drones. The company has successfully listed on ASX in June.
The note highlights expectations of a near term major company catalyst through addition of a drone jammer device. The report also includes a summary from a recent successful technology demo day, and summarises key developments since the listing and Patersons' opinion on new steps for the company.
Drones have become a major threat to safety, security and privacy in recent years, with a major incident involving a drone such as act of terrorism or bringing down an airplane viewed to be a matter of time.
The research report is available on DroneShield's website at the following link:
https://www.droneshield.com/sites/default/files/DRO%20Note%20091116.pdf
About DroneShield Ltd:
Based in Sydney and Virginia, DroneShield Ltd (ASX:DRO) is a worldwide leader in drone detection technology. The Company has developed the pre-eminent drone detection solution that protects people, organisations and critical infrastructure from intrusion from drones. Its leadership brings world-class expertise in engineering and physics, combined with deep experience in defence, intelligence, and aerospace. DroneShield designs detection systems that use highly specialised technology to achieve levels of precision and sensitivity that are not possible with other methods.
Source:
DroneShield Ltd
Contact:
James Walker Managing Director E: [email protected] T: +61-2-8072-0679
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