Ann: FY2020 Results Presentation, page-45

If you refer to the notes in the presentation (page 6 - note, 1) you will find the reference to Grand View Research (Californian firm) who authored the report which DRO sourced the $6b figure from. The research paper relies on 2018 as a baseline and then assumes a growth rate year on year of 30%. I hesitate to think this is an accurate growth rate over eight years, and if as SK states, there are no fires, this will be much lower. However, if this growth rate is a passive growth estimate (defensive purchasing only and not in response to any imminent and visible threat), one does get an idea for what an aggressive growth rate might look like by comparison.

Regardless of how accurate their growth rate is, the report also highlights (use the table of contents tab) that just in drone defence systems there are some 17 qualified companies competing (inclusive of DRO). These companies are not all equal, this list includes the likes of Thales and Boeing.

DRO is in the door, and has a good product. This will not be instant growth, but it certainly has a chance to start bagging over future years as they lock in annual agreements.