DroneShield's Strong Financial Position

3 Drone Stocks to Buy and Hold Through 2030 for 10X Gains

DroneShield has a solid financial position with $38 million in cash reserves, no long-term debt obligations, and a substantial $27 million in pre-ordered work in their backlog.

DroneShield

DroneShield Reports Explosive Revenue Growth in Q1 2024

DroneShield reported a significant increase in revenue for Q1 2024, reaching $16.4 million, which is approximately 10 times the revenue in Q1 2023.

DroneShield (ASX:DRO) is a publicly listed company specializing in Counter UAS (Unmanned Aerial Systems) solutions, RF sensing, Artificial Intelligence, Machine Learning, Sensor Fusion, Electronic Warfare, and Rapid Prototyping. The company offers bespoke and off-the-shelf products designed to protect Military, Government, Law Enforcement, Critical Infrastructure, Commercial, and VIPs worldwide.

DroneShield is a worldwide leader in counter-UAS security and technology. DroneShield develops pre-eminent UAS security solutions that protect people, organisations and critical infrastructure from intrusion from UAS threats. Its leadership brings world-class expertise in engineering and physics, combined with deep experience in defence, intelligence, and aerospace.

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Large-scale and open-air events in sports stadiums and other commercial venues have become ripe targets for drones and Unmanned Aerial Systems (UAS), with a lack of defences creating scope for negligent tech-lovers, protestors, vandals and even terrorists to fly over.

Although laws and regulations surrounding drones are evolving, stadiums and commercial venues increasingly struggle with UAS incursions. 

Read more: https://ow.ly/xeeV50QsmMk

#CUAS #counterdrone

DroneShield is pleased to announce it has commenced the release of a major update across its global fleet of counter-drone (C-UAS) devices.

The update applies to enrolled devices worldwide which carry DroneShield artificial intelligence based drone detection engine, RFAI, in response to end user requests.

Read more: https://ow.ly/fjJ850QsVgv

#CUAS #counterdrone

"Misconceptions about the suitability of defence companies to investments increasingly underscored by environmental, social and governance (ESG) policies has blocked ample funding funnels from reaching these organisations."

Read the Asia Pacific Defence Reporter blog by DroneShield CEO Oleg Vornik on why Defence shouldn't be considered an ESG red flag.

Read here: https://ow.ly/RslT50Qsmjp

#CUAS #counterdrone

Meet us at the Singapore Airshow 2024 - a leading aerospace and defence event showcasing the latest commercial and military aircraft from February 20th to the 25th at the Changi Exhibition Centre, Singapore.

Visit DroneShield at the Australia Pavilion, Stand A-C23.

To register, visit: https://ow.ly/PR0f50Qrwwc

#CUAS #counterdrone

For airports, drones aren’t just a nuisance. They are a rapidly proliferating safety threat. 

A single drone in the hands of a negligent owner can bring airports to a standstill, costing hundreds of thousands of dollars every few minutes, or worse, causing a catastrophe that may risk lives.

Read the blog: https://ow.ly/nqPa50QqOsr

#CUAS #counterdrone

DroneShield Limited engages in the development, commercialization, and sale of hardware and software technology for drone detection and security worldwide. Its products include DroneGun Tactical, a countermeasure against a range of drone models; DroneGun MkIII, a compact, lightweight, and UAS countermeasure solution; DroneSim, a critical tool in the simulation, training, and testing of drone detection equipment and processes; DroneSentry-X, a cross-vehicle compatible, automated 360° detect and defeat device; and DroneSentry that integrates company's suite of sensors and countermeasures in a unified platform deployable in permanent or temporary installations. The company also offers DroneSentry-C2, a Command-and-Control (C2) system with functionality, including graphic user interface; and RfPatrol, a passive/non-emitting wearable UAS detection device that offers real situational awareness without distraction or complex operation. Its products are used by defense agencies; airports and other civil defense users; utilities, such as power plants, electricity grids, and gas pipelines; ports and other critical infrastructure asset owners; intelligence and national security agencies; prisons; stadiums and other public event venues and organizers; media production sites; real estate owners, including hotels, commercial offices, and manufacturing plants; and ultra-high net worth individuals and government officials. The company sells its products through third party distributors, as well as direct relationships with various customers. DroneShield Limited was founded in 2014 and is based in Sydney, Australia.

COM:DRONESHIELD

DroneShield

Last Close

0.95

05/11 05:10

Market Cap

1.59B

Beta: -

Volume Today

4.01M

Avg: -

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