Looks like they are working towards their goal of becoming a 300...

Looks like they are working towards their goal of becoming a 300 - 500 million revenue company within 5 years.

Here is piece of the article below.
DroneShield halts trading for another capital raise — Capital Brief

"Of the total raise, $90 million will be used to develop DroneShield's technology, $20 million is for strategic bolt-on acquisitions with a further $10 million designated as working capital.

Once concluded, the raise would take the company's cash balance to $266 million. Of that, $45 million is already committed to increase inventory with another $50 million expected to be spent on top. Some $51 million is also earmarked for research and development programs, additional inventory requirements and as working capital.

A presentation call with CEO Oleg Vornik and CTO Angus Bean is scheduled for 12pm.

What they said: "DRO is undertaking this offer to support the implementation and extension of its R&D programs," the company said on the deal sheet.

"Extending R&D into new products and new generations of existing products will: entrench DRO's position as the market leader in the rapidly expanding C-UxS market; enable DRO to expand into new markets and products as the drone and counterdrone warfare evolves; expand gross profit margins as the revenue mix shifts toward AI enabled software; solutions supported by DRO’s market leading hardware solutions; [and] accelerate SaaS revenues."

I'm all for CRs when done for the right reasons. Now let's see some sales and growth.