DRO 10.2% $1.24 droneshield limited

Ann: February 2024 Investor Presentation, page-65

  1. 500 Posts.
    lightbulb Created with Sketch. 247
    Yes I think this is likely true. There are no material sales associated to this initiative and the R&D spend could end up like Apples EV.

    I try not to get excited by announcements outside of quarterly fact based updates or sales but this latest one certainly sounds very cool. I've often felt that the anti-drone solution for soldiers needs to be light & small, given how much kit they're wearing so lets hope our brilliant team of engineers can crack the problem. Upside will be potential for armies to equip ever soldier or at least every squad will need one. I expect we are looking for a successor to the RfPatrol Mk2.
    Counterdrone (C-UAS) Protection - RfPatrol — DroneShield

    NAPKIN MATH AHEAD - SPECULATIVE AND 99.9% USELESS
    Assuming USA army figures of 1.3m soldiers, divide this into squads of 8 you get 162,500.
    If we produce a viable battle-tested detection capability that becomes essentially to a squads kit then if we sell the units a $1,000 a pop we're looking at a product worth up to $162m in sales + (more importantly) ARR through software updates.

    For more conservative numbers you could take 160,000 troops on deployment (20,000 squads)

    We're putting over 50% of our staff onto this problem so i'd expect the potential sales to be significant to justify this action.

    Last edited by specvestor: 01/03/24
 
watchlist Created with Sketch. Add DRO (ASX) to my watchlist
(20min delay)
Last
$1.24
Change
0.115(10.2%)
Mkt cap ! $897.9M
Open High Low Value Volume
$1.15 $1.25 $1.15 $14.55M 12.00M

Buyers (Bids)

No. Vol. Price($)
1 500 $1.24
 

Sellers (Offers)

Price($) Vol. No.
$1.24 190565 8
View Market Depth
Last trade - 16.10pm 03/06/2024 (20 minute delay) ?
Last
$1.23
  Change
0.115 ( 11.3 %)
Open High Low Volume
$1.15 $1.25 $1.15 3573630
Last updated 15.59pm 03/06/2024 ?
DRO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.