Oleg Vornik from DroneShield states that the company's received funds and grants this year have already tripled in comparison to the total revenue of the fiscal year 2022. Vornik attributes this surge mainly to the U.S clients, particularly from military, Homeland Security, intelligence units, and policing agencies.
He suggests that they are beginning to venture into initial operations and anticipates the rest of the year to be robust due to rising demand for counter-drone tools amid escalating security threats. As a reaction to the burgeoning demand, Vornik shares that DroneShield is transitioning to a superior facility for amplified production, incorporating a comprehensive Australian supply chain.
The firm's tactics versus larger defense rivals include flexibility and quick tempo, with Vornik revealing that DroneShield now employs one of the most substantial engineering crews globally specialized strictly on counter-drone solutions. He also announces plans for additional investment in research and development, as well as sales to maintain sustained growth.
Interview:
https:// aus biz. com.au/media/droneshield-triples-revenue-in-a-year-?videoId=32511§ionId=1885
Drone News, page-774
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