DroneShield Secures AU$4.3 million U.S. Government Contract for C-UxS Systems

Highlights:

• DroneShield secures a significant $4.3 million contract from a U.S. Government client for its handheld C-UAS systems.
• Anticipates further substantial orders from the same customer in the near future, highlighting the company's growing partnership with the U.S. Government.
• CEO Matt McCrann underscores the importance of rapid delivery of DroneShield solutions to meet urgent operational requirements amidst escalating global drone threats.

DroneShield Ltd (ASX:DRO) has clinched a significant contract worth $4.3 million from a U.S. Government client for its handheld C-UAS (Counter-Unmanned Aircraft Systems) systems. The order marks a notable milestone in the longstanding partnership between DroneShield and the U.S. Government, following several smaller preceding orders. The delivery of the systems is expected to be completed within the next 15 days, utilizing available stock on hand.

Anticipated Future Orders:

DroneShield anticipates further substantial orders from this customer in the near future, building upon this initial contract. The company's Director of Business Development, Tom Branstetter, emphasized the necessity for cutting-edge capabilities in the face of evolving unmanned systems, underscoring DroneShield's pivotal role in the counter-unmanned systems domain.

Customer Satisfaction and Product Performance:

Matt McCrann, CEO of DroneShield US, expressed pride in the successful evaluation of DroneShield products by various U.S. Government agencies. McCrann highlighted the importance of rapid delivery of DroneShield solutions to meet urgent operational requirements, particularly amidst escalating drone threats globally.

Market Position and Commitment:

DroneShield's ability to swiftly address complex challenges and deliver high-performance solutions reinforces its position as a key player in the counter-unmanned systems market. The company remains dedicated to providing cutting-edge technology to support governmental efforts in maintaining a decisive advantage in the ever-evolving landscape of unmanned systems.

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