DroneShield (ASX: DRO), a pioneer in counter-drone technology, offers proprietary AI-based platforms for detecting and neutralizing unmanned aerial threats. With a focus on defense, security, and civilian markets, it boasts a robust sales pipeline exceeding AU$500 million, including contracts with esteemed clients like the Australian Department of Defence and the US DoD.
The company's innovative suite of hardware and SaaS solutions, backed by in-house developed AI engines, positions it strongly in the AU$10 billion global market. Achieving record profits and revenue growth, DroneShield is poised for further expansion, supported by a recent capital raise of AU$75 million. With a strategic growth plan and deep government partnerships, it stands as a leader in addressing the escalating challenges posed by drone proliferation.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.