DroneShield Ltd (DRO.AX) Australian Army Deployment
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The deployment of these long-range sensors will highlight the flexibility, resilience, and capabilities of DroneShield equipment in a dynamic field environment, while also assisting the Australian Army in establishing its counter drone requirements and future capability options.
The sale was structured as a one-off sale to the Australian Army, and, similar to the standard purchases from DroneShield's other defence and law enforcement customers, comprises a small purchase of equipment. While the size of the sale is financially immaterial, it is considered to be material from a growth perspective as it is expected to lead to larger procurements, once the equipment from the earlier purchase has been fielded for a period of time.
Oleg Vornik, DroneShield CEO, commented, "As an Australian company, DroneShield is immensely proud to support the Australian Army with its long-range counter-drone strategy."
About DroneShield Ltd:
DroneShield Ltd (ASX:DRO) (OTCMKTS:DRSHF) is an Australian publicly listed company with its head office in Sydney and teams in the US and UK. We specialise in RF sensing, Artificial Intelligence and Machine Learning, Sensor Fusion, Electronic Warfare, Rapid Prototyping and MIL-SPEC manufacturing.
Our capabilities are used to protect Military, Government, Law Enforcement, Critical Infrastructure, Commercial and VIPs throughout the world.
Through our team of primarily Australian based engineers - we offer customers bespoke solutions and off-the-shelf products designed to suit a variety of terrestrial, maritime or airborne platforms.
DroneShield is proudly exporting Australian capability to customers throughout the world and supporting Australia's defence, national security and other organisations protect people, critical infrastructure and vital assets.
Source:
DroneShield Ltd
Contact:
Oleg Vornik CEO and Managing Director Email: [email protected] Tel: +61-2-9995-7280
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