The short answer is; DRO does not make drones. Its an anti-drone manufacturer.
But if you are referring to, 'anti drone manufacturers': the answer is NO. I know of another ASX listed company, Electro Optic Systems (EOS). They state that, 'EOS specializes in: remote weapon systems and counter-drone technologies, high energy laser weapons, space domain awareness and control, naval satellite communications products'. Their business is in turnaround, with 'new leadership installed in H2 2022 (CEO, CFO & Chair)'.
Ann: $70m Fully Underwritten Placement and up to $5m SPP, page-506
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$1.64 |
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