Great interview. Others should give it a listen too.
For those who don’t have the time, I got ChatGPT to summarise the transcript:
“DroneShield, an Australian defense manufacturer specializing in counter-drone technology, has seen a significant share price surge. CEO Oleg Vornik attributes this to long-term development efforts finally reflecting in the market.
DroneShield offers hardware (handheld, vehicle-based, fixed-site systems) and SaaS, using technologies like radiofrequency and radar to detect and neutralize drones.
Their largest customer is the US military, but they operate in 70 countries. Vornik notes that SaaS subscriptions improve margins over hardware sales by providing a more stable revenue stream and higher profitability.
He emphasises the importance of adapting to evolving drone technologies and expanding into civilian sectors like airports and prisons to enhance revenue stability and margins.
DroneShield operates in numerous countries, including the UK, France, Brazil, Indonesia, and New Zealand, providing their advanced counter-drone solutions to various military and civilian customers.”
Great interview. Others should give it a listen too.For those...
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Last
$1.32 |
Change
0.010(0.76%) |
Mkt cap ! $1.151B | |||
| Open | High | Low | Value | Volume |
| $1.31 | $1.33 | $1.28 | $14.65M | 11.22M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7782 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.33 | 123367 | 7 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| DRO (ASX) Chart |