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DroneShield Limited ( (AU:DRO) ) has shared an announcement.
DroneShield Limited has secured a $5.2 million follow-on contract for handheld counterdrone systems from a European military customer through a long-term reseller. The company is well-prepared to fulfill the order with existing stock and expects cash payment in the fourth quarter of 2025, highlighting its strong market presence and ongoing demand for its counterdrone solutions.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
More about DroneShield Limited
DroneShield Limited provides Artificial Intelligence-based platforms for protection against advanced threats such as drones and autonomous systems. The company offers bespoke counterdrone and electronic warfare solutions for military, intelligence, government, law enforcement, critical infrastructure, and airports.
Average Trading Volume: 22,041,612
Technical Sentiment Signal: Hold
Current Market Cap: A$1.56B
Find detailed analytics on DRO stock on TipRanks’ Stock Analysis page.