- DroneShield (ASX:DRO) secures a repeat order of $2.2 million from a European Government customer for multiple fixed-site DroneSentry counter-drone systems
- The initial order announcement was on September 1 this year
- DRO CEO Oleg Vornik says the order “highlights the benefits of DroneShield’s ability to be a one-stop-shop for a wide range of counter-drone requirements”
- The company announced the order would be “substantially fulfilled and delivered” by the year-end
- DRO shares are up 1.64 per cent, trading at 31 cents at 1:19 pm AEDT
DroneShield (ASX:DRO) has secured a repeat order of $2.2 million from a European Government customer for multiple fixed-site DroneSentry counter-drone systems.
It follows the initial order announcement on September 1 of this year.
The order includes all of the underlying technology components, including RfOne radio frequency-based long-range drone sensing systems, radars, electro-optic sensors with DroneShield’s proprietary DroneOptID image recognition and tracking software, and DroneCannon wide-area effectors.
The system is powered by DroneShield’s DroneSentry-C2 AI-based command and control system, with the proprietary SFAI sensor fusion engine.
“This order includes several handheld systems, as the customer was seeking both fixed site and handheld capability, one of the key differentiators of DroneShield’s offering,” DRO CEO Oleg Vornik said.
“The order also highlights the benefits of DroneShield’s ability to be a one-stop-shop for a wide range of counter-drone requirements, including own sensors, integrated third-party sensors, and supply of a proprietary C2 AI engine.
“The order is expected to be substantially fulfilled and delivered prior to [the] end of 2023, with majority of payments received prior to shipping. DroneShield has significantly ramped up operations to execute quickly on such orders.”
DRO shares were up 1.64 per cent, trading at 31 cents at 1:19 pm AEDT.