Join our daily newsletter At The Bell to receive exclusive market insights
- DroneShield (DRO) has successfully completed its European airport trial for the DroneSentinel system
- DroneSentinel will help airports track drones and disable them if they get too close to the aircraft
- The company could not give details about the findings, but has hinted that European airports might install Dronesentinel
- More details about the deployment will be announced later this year
- DroneShield is up 4.69 per cent on the market today and is trading for 16.8 cents per share
DroneShield (DRO) has successfully completed its European airport trial for the DroneSentinel system.
DroneSentinel is a sensor that can rapidly detect and assess potential threats. It’s an ideal solution for any environment facing unmanned aerial vehicles (UAV), such as drones or other airborne threats.
It is difficult for other aircraft to see drones while they are flying, therefore creating a hazard. DroneSentinel disables UAVs by jamming their frequencies.
The European airport trial was managed by Deutsche Telekom, which is one of the world’s leading integrated telecommunications.
The evaluation is expected to change the requirements for a large multi-million European airports, which will be announced later on this year.
CEO Oleg Vornik said the airport market is a key segment for Droneshield due to drone disruptions, like events that have taken place at Gatwick Airport.
Recently at Gatwick, a plane carrying 455 passengers was nearly hit by a drone. The airport has also been closed due to drone disruptions in the past.
“We are now seeing airports, in particular Europe, mobilising their procurement selection processes towards wide rollouts of counter-drone systems,” Oleg said.
“Each individual airport deployment is worth up to a multi-million dollar contract, including upfront and ongoing subscription payments, depending on the airport size and protection requirements. This successful trial forms a critical part of those selection processes,” he added.
Last week, the company secured orders from the European Ministry of Defence.
DroneShield is up 4.69 per cent on the market today and is trading for 16.8 cents per share at 12:19 pm AEST.
