$1m Government Customer Repeat OrderDroneShield Ltd (ASX:DRO)...

$1m Government Customer Repeat Order
DroneShield Ltd (ASXRO) (“DroneShield" or the “Company”) is pleased to announce it has received an
order in total amount of approximately $1 million from a high profile Government customer from a Five Eyes
country.
The order, placed by an existing customer, is a substantial increase from the initial trial purchase of
approximately $500,000 made last year, where payment was received in the June 2020 quarter. Additional
follow up orders are currently being discussed, with the amounts to be confirmed.
Oleg Vornik, DroneShield’s CEO, commented, “We are pleased to continue to support and strengthen our
partnership with this customer, who has some of the most demanding requirements globally. This
significantly larger follow-on order is a testament to both the industry leading capabilities of DroneShield
products and an example of a common procurement pattern in our industry, where an initial order and
evaluation might take some time, but once the solution has been validated and thoroughly vetted by the
end user, larger follow-on orders result. We look forward to building on this and continuing to work
with customers throughout the Five Eyes government customers.”
The payment for the order, which is considered material by DroneShield, is expected to be received in full
in the June 2021 quarter.