Yep, long term prospects are looking good. All comes to down converting the leads into sales, which they have a solid start in 2025.
Branching into the Civ sector along with servicing military clients will be a double win for the revenue. Imagine how good all of this will look when you factor in Droneshield growth in the SaaS side of the business.
Managements bullish outlook at the recent IDEX interview as well as market adoption increasing across multiple sectors/countries is working well in their favour.
Turns out the market got it completely wrong with how Trumps presidency will impact Droneshield, which at the time was negative. With hindsight we now know that his presidency is causing Europe to up their defence budgets, along with NATO & US prioritising spending on Drone related technologies.
Today will be interesting given the performance of the US over the weekend.
DRO Price at posting:
80.0¢ Sentiment: None Disclosure: Held
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