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- Security tech developer DroneShield (DRO) has received a DroneSentry order from an army in a major Southeast Asian country
- This marks the first order for the country and includes a complete DroneSentry solution consisting of RfOne MKII, RadarZero, DroneCannon, and DroneOpt
- These products offer direction-finding sensors, metamaterial radars, electronic warfare modules, drone jamming solutions, and electro-optic systems
- DroneShield expects to pocket around $1 million thanks to the sale, with the order set for delivery in Q4 2020
- Company shares are up a healthy 17.1 per cent and are trading for 24 cents each
Security tech developer DroneShield (DRO) has received a DroneSentry order from an army in a major Southeast Asian country.
This marks the first order for the country and includes a complete DroneSentry solution consisting of RfOne MKII, RadarZero, DroneCannon, and DroneOpt.
These products offer direction finding sensors, metamaterial radars, electronic warfare modules, drone jamming solutions, and electro-optic systems.
DroneShield expects to pocket around $1 million thanks to the sale, with the order set for delivery in Q4 2020.
“Combined with the recent sales to multiple European Government users, and yesterday’s announcement of a contract with the U.S. Department of Defence, there is now a clear momentum in customer adoption of our products,” CEO Oleg Vornik commented.
“Our world-leading product offering meets the requirement of some of the most demanding military and government users globally,” he said.
“Combined with our on-the-ground representation in over 100 countries globally, we are now starting to see our extensive pipeline converting into end-user orders,” he added.
DroneShield is up a healthy 17.1 per cent on the market and shares are trading for 24 cents each at 10:23 am AEST.
