News & Videos - DRONESHIELD LIMITED

DroneShield Awarded Record $33 Million U.S. Government Contract PR Newswire WARRENTON, Va. and SYDNEY, July 17, 2023 WARRENTON, Va. and SYDNEY , July 17, 2023 /PRNewswire/ -- DroneShield is pleased to announce it has received a record $33 million order from a U.S. Government agency. The award consists of DroneShield C-UAS / counterdrone equipment and multi-year services. DroneShield's U.S. CEO, Matt McCrann , commented: "We're honored to receive this award and support this customer. This award...

DroneShield receives a record $9.9 million DoD Contract PR Newswire SYDNEY, July 5, 2023 Five Eyes DoD awards DroneShield a record $9.9 million contract The award follows DroneShield successfully completing a $3.8 million contract with the same customer Ongoing significant momentum in the business in a rapidly expanding market SYDNEY , July 5, 2023 /PRNewswire/ -- DroneShield Ltd (ASX:DRO) ( DroneShield or the Company ) has been awarded a follow-on 2-year R&D contract with a total value of $9.9...

DroneShield Completes $40 million Capital Raise with Substantial Investor Support PR Newswire SYDNEY, March 8, 2023 SYDNEY , March 8, 2023 /PRNewswire/ -- DroneShield Ltd (ASX:DRO) (DroneShield or the Company) is pleased to announce the successful completion of its Share Purchase Plan ( SPP ), which follows the $10.9 million Placement, completed on 6 February. The SPP generated significant support from DroneShield's existing shareholders and substantially exceeded the $3 million the Company...

DroneShield Completes $40 million Capital Raise with Substantial Investor Support PR Newswire SYDNEY, March 7, 2023 SYDNEY , March 7, 2023 /PRNewswire/ -- DroneShield Ltd (ASX:DRO) (DroneShield or the Company) is pleased to announce the successful completion of its Share Purchase Plan ( SPP ), which follows the $10.9 million Placement, completed on 6 February. The SPP generated significant support from DroneShield's existing shareholders and substantially exceeded the $3 million the Company...

DroneShield Announces A Second $11 million Sale, Strong Momentum into 2023 PR Newswire SYDNEY, Jan. 10, 2023 SYDNEY , Jan. 10, 2023 /PRNewswire/ -- DroneShield Ltd (ASX:DRO) ( DroneShield or the Company ) is pleased to advise a second record $11 million sale to a Government customer within a month of its first $11 million order, as counterdrone industry continues to rapidly grow and defence and security budgets rise with an increasing uncertainty globally, underscored by the Ukraine war. This...

Sydney, Australia (ABN Newswire) - DroneShield Limited (ASX:DRO)(OTCMKTS:DRSHF), a global leader in Counter-UAS and Artificial Intelligence based security technology, has announced the appointment of Matt McCrann as Chief Executive Officer of its wholly owned U.S. subsidiary DroneShield LLC. Matt McCrann joined DroneShield LLC in 2019 as Vice President of Sales and will lead the growth and expansion of the company's U.S. based organization. "The customers we serve and the problems we solve make...

Sydney, Australia (ABN Newswire) - DroneShield Limited (ASX:DRO) (FRA:DRH) (OTCMKTS:DRSHF) is pleased to advise that the Australian Communications and Media Authority (ACMA), the Australian Federal Government agency regulator of the communications spectrum nationally, has granted DroneShield the first exemption permit of its kind to undertake advanced testing of the Company's Electronic Warfare and counterdrone portfolio in Australia. The exemption has appropriate safeguards in place to balance...

Sydney, Australia (ABN Newswire) - DroneShield Limited (ASX:DRO) (FRA:DRH) (OTCMKTS:DRSHF) is pleased to advise it has received an initial order of an approximately $600,000 value for a variant of its DroneSentryTM system, by a defence agency of a Five Eyes country. Five Eyes intelligence community consists of US, Australia, UK, Canada and New Zealand. The system is an initial trial order, to determine suitability for end user requirements, in anticipation of larger purchases. DroneShield will...

Sydney, Australia (ABN Newswire) - As the US has celebrated the 2021 Thanksgiving, the busy year continues with Newsweek running a cover story last week highlighting the ongoing threat. DroneShield (ASX:DRO) (FRA:DRH) (OTCMKTS:DRSHF) continues to expand its Artificial Intelligence work, as it was awarded an $800k R&D AI contract by the Australian Department of Defence earlier this month. DroneShield's AI capabilities focus on multi-domain (such as radiofrequency and optical/thermal) detection...

Sydney, Australia (ABN Newswire) - DroneShield Ltd (ASX:DRO) (FRA:DRH) (OTCMKTS:DRSHF) is pleased to share the announcement from the Australian Minister for Defence Industry, the Hon Melissa Price MP, that DroneShield has been selected for a Phase 2 (prototyping) Defence Innovation Hub Contract, as part of a $10 million Artificial Intelligence grant round. The project is valued at approximately $800,000, and leverages two core elements of DroneShield's technology base: Artificial...

Sydney, Australia (ABN Newswire) - DroneShield Ltd (ASX:DRO) (FRA:DRH) (OTCMKTS:DRSHF) is pleased to announce an $800,000 contract with the Australian Department of Defence ("DoD"). The work and the received payments are spread over the next 12 months. The contract relates to Artificial Intelligence in multi-domain applications. The work relates to both the counterdrone space as well as more general military/Government agency applications. Oleg Vornik, DroneShield's CEO, commented, "Today,...

Sydney, Australia (ABN Newswire) - DroneShield Ltd (ASX:DRO) (OTCMKTS:DRSHF), the pioneer and global leader in C-UAS/counterdrone sector, is pleased to share the 6th edition of its C-UAS Factbook. DroneShield C-UAS Counterdrone Factbook covers key trends in the C-UAS market. This includes the review of the emerging UAS threat and its key categories, UAS types and capabilities. Key threat categories include: - Nuisance Activity - Intelligence, Surveillance and Recognisance (ISR) - Payload...

Sydney, Australia (ABN Newswire) - DroneShield Limited (ASX:DRO) (FRA:DRH) (OTCMKTS:DRSHF) is pleased to release its business update and Appendix 4C for the three-month period ended 30 September 2021. Highlights - 3Q21 customer receipts up 800% on 3Q20, at $1.7 million. - Total cash receipts for the quarter of $2.8m, including $1.1m of grants received. - Jan-Sep 2021 total cash receipts up 400% on Jan-Sep 2020, at $12.2 million. - Multiple first time sales with Government end customers in the...

Sydney, Australia (ABN Newswire) - DroneShield Ltd (ASX:DRO) (FRA:DRH) (OTCMKTS:DRSHF) encloses its investor presentation at the ASX Small and Mid-Cap Conference to be given today by the DroneShield CEO Oleg Vornik at 2:30pm Sydney time, followed by Q&A. The registration link for the conference is as follows: https://www.abnnewswire.net/lnk/HL45OPZ2 To view the presenttion, please visit: https://abnnewswire.net/lnk/8B79E9I7 About DroneShield Ltd: DroneShield Ltd (ASX:DRO) (OTCMKTS:DRSHF) is an...

Sydney, Australia (ABN Newswire) - DroneShield Ltd (ASX:DRO) (FRA:DRH) (OTCMKTS:DRSHF) is pleased to announce it has been granted Defence Industry Security Program ("DISP") certification by the Australian Defence Industry Security Office ("DISO"), following an extensive admission process. DISP certification enables DroneShield to work on classified information and/or assets, with the Australian Defence Force and Australian intelligence and law enforcement agencies. Oleg Vornik, DroneShield's...

Sydney, Australia (ABN Newswire) - DroneShield Ltd (ASX:DRO) (FRA:DRH) (OTCMKTS:DRSHF) is pleased to announce a material capability upgrade to its multi-domain DroneSentryTM counterdrone threat awareness and response system, via addition of SonarOneTM, cutting edge sonar detection system, for directional real time reporting of underwater threats. SonarOneTM is a sophisticated sonar monitoring device capable of detecting and tracking hostile unmanned underwater vehicles ("UUVs") or diver...

Sydney, Australia (ABN Newswire) - DroneShield Ltd (ASX:DRO) (FRA:DRH) (OTCMKTS:DRSHF) is pleased to invite investors and shareholders to the DRO Investor Webinar to be held on 2 September 2021 at 11:00am Sydney time. Oleg Vornik, DroneShield's CEO will run through an investor presentation followed by a Q&A session. The webinar presentation is attached to this release. Key highlights include: - HY21 Revenue up 87% on HY20, at $6.7 million - HY21 cash receipts up 600% on HY20, at $9.1 million -...

Sydney, Australia (ABN Newswire) - DroneShield (ASX:DRO) (FRA:DRH) (OTCMKTS:DRSHF) is an Australian publicly listed company with its head office in Sydney and teams in the US and UK, specialising in counterdrone, Electronic Warfare, RF sensing, Artificial Intelligence and Machine Learning, Sensor Fusion, rapid prototyping and MIL-SPEC manufacturing. Our capabilities are used to protect military, Government, law enforcement, critical infrastructure, commercial and VIPs throughout the world....

Sydney, Australia (ABN Newswire) - DroneShield Ltd (ASX:DRO) (FRA:DRH) (OTCMKTS:DRSHF) is pleased to announce the release of its latest product, CompassOneTM, the next generation self-contained navigation solution for fixed site, vehicle and marine applications. The device provides real-time military-grade location, orientation and direction sensing for deployed static and on-the-go assets. CompassOneTM is compatible with various global navigation satellite systems, ensuring uninterrupted...

Sydney, Australia (ABN Newswire) - DroneShield Ltd (ASX:DRO) (FRA:DRH) (OTCMKTS:DRSHF) is pleased to announce the release of DroneSimTM, a lightweight and rapidly deployable UAS/drone simulator that is able to mimic common drone signals for the purpose of counterdrone (C-UAS) system testing and validation. The device is capable of generating aerial (UAV), ground (UGV) and water surface (USV) drone signals. Constructed within a ruggedized hard case with military grade (MIL-SPEC) connectors,...