And this also caught my eye,
”What really caught my eye was that their recurring software revenue from subscriptions, or SaaS revenues, doubled to $561,000. This shows that customers increasingly require DroneShield’s cutting-edge artificial intelligence software solutions to address the rapidly changing drone security situation. With approximately $38 million in cash reserves, no long-term debt obligations and a substantial $27 million in pre-ordered work in their backlog, DroneShield is well set up for continued growth.”
DRO is on the right track.
BODs need to be prudent with spending and running “a tight ship”.
Drone News, page-872
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