DRO 5.56% $1.11 droneshield limited

Sharing this here in case it was missed in all the mayhem...

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    Sharing this here in case it was missed in all the mayhem yesterday:
    https://asiapacificdefencereporter.com/australia-to-invest-100-million-in-drone-arsenal/
    "The Australian government is investing more than $10 billion on drones, including at least $4.3 billion on uncrewed aerial systems and $690 million on uncrewed tactical systems for Army."

    IMO This investment highlights the strategic importance militaries around the world are placing on drones. The increased reliance on these systems underscores their role in modern warfare.

    The significant investment in drone technology also highlights the growing importance of anti-drone technology. As drones become more prevalent on the battlefield, the need to protect against potential threats from adversary drones becomes critical. This is where Droneshield provides essential solutions in this area, offering products designed to detect, identify, and neutralize hostile drones.

    So why am I highlighting anti-drone tech in an article talking about the military investment in Drones? The development and deployment of anti-drone technology is crucial for several reasons.

    • Ensures the protection of sensitive military assets and infrastructure from potential drone attacks.
    • Helps maintain airspace security, preventing unauthorized surveillance and potential threats from adversary drones.
    • Supports the broader strategy of maintaining technological superiority and operational readiness in the face of evolving threats

    Droneshield's current valuation makes sense given the massive investment by militaries in drone arsenals. As drones become strategically vital on the battlefield, the demand for anti-drone technology rises, boosting the entire sector, including companies like Droneshield.
    Last edited by Sharesdude: 17/07/24
 
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