Ann: Response to ASX Query Letter, page-5

In the announcement on 30 Jan:

“Matt McCrann, DroneShield U.S. CEO, commented, “The DroneSentry-X EFS Kit addresses a huge gap for operators – combining an adaptable Counter-UxS capability with user-friendly features. Our commitment to ease of use is evident in every aspect of the DroneSentry-X EFS Kit, from advanced AI detection to the truly easy to deploy configuration.””

So much of the product development in DRO is driven by potential customers saying something to the effect of “cool product, we like it, but can you make it do this?” then DRO developing it and bringing it to market so that particular customer can purchase it. It is definitely price sensitive IMO to have the US CEO comment that the product ‘addresses a huge gap for operators.’ How would they know this in a market as new as drone defence unless that is specifically what they are being told what the gap is?

It is good news that DRO were required to provide this please explain - it highlights the disruptive capacity for their cutting edge tech with the magic letters ‘AI’ sprinkled in to keep inflating the bubble.

GLTAH