DRO 1.06% 93.0¢ droneshield limited

The recent announcement of the AUKUS agreement has obvious...

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    The recent announcement of the AUKUS agreement has obvious implications for the intelligence and security relationships of the US, UK and Aus. This certainly doesn’t harm DROs efforts to secure deals within these markets, especially considering DROs relationship with Austrade and recent Australian Defence Security Certification. Further, the sorts of sites that could be involved in the development, construction, maintenance or operation of highly sensitive technology and capabilities (like those specifically underpinning the AUKUS deal) are prime applications of DROs suite of products.

    Although the SP slip at the end of the week was disappointing (and inexplicable IMO), DRO remains very well positioned both financially and materially and is continuing to develop IP.

    All IMO, good luck all.




 
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