DroneShield: Leading in Counter-Drone Solutions

Apr 18, 2024

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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