DroneShield Limited received record AU$2.0 million European order

Sep 01, 2022

DroneShield Limited (ASX: DRO) announced that it had awarded AU$2.0 million of order from a European Government customer for several DroneSentry fixed site detect-and-defeat systems. This order is a record size agreement for the company’s European market.

The major proportion of the payment for the contract is due to be received in the September 2022 quarter, with the balance on system installation before to end of calendar 2022. The systems comprised SaaS subscriptions to the company’s AI software engines, being RFAITM, DroneOptIDTM, and DroneSentry-C2TM command-and-control sensor fusion engine.

 

 

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