DRO 0.00% 85.0¢ droneshield limited

Official US Defense Announcement, page-5

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    Significantly DRO products and systems were specifically requested by Ukraine, so their deployment in the war so far has been effective. How they got there initially is probably as one of those smaller ad hoc contracts. Now, in the space of under a month, they have been assigned NATO numbers, completed integration with EPirus Leonidas HPM (hard kill) systems, and been included in the mainstream US DOD military aid package that procures from external companies.

    I still don't know whether the $33m order is the totality of this pledge, just a starter to speeden the process ahead of this announcement, or a separate order completely. I still think it strange that the "US officials" leaking the pledge specifically mentioned Droneshield of Australia if its just A$33m/U$1300m although the actual media release is silent on this.

    Following the rapid rise from the directors' selldowns, I expect to see an ASX query today, which may shed some light.

    Last edited by oldtimer2: 20/07/23
 
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