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The latest update is out from DroneShield Limited ( (AU:DRO) ).
DroneShield Limited has disclosed a change in CEO Oleg Vornik’s interests in the company’s securities, with 709,361 unlisted performance options vesting after the business achieved a key milestone of $200 million in cash receipts within a 12‑month rolling period. The vesting, which brings Vornik’s total unlisted vested performance options to 902,528, represents the final tranche of options tied to the $200 million performance condition previously approved by shareholders, and signals that the company has met a significant growth benchmark, while any new equity incentives for the CEO will require shareholder approval at the next AGM under a revised $300–$500 million revenue or cash receipts structure with staggered vesting triggers.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$4.50 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 operates in the defence and security technology sector, specialising in counter-drone (C-UAS) and electronic warfare solutions for military, government and critical infrastructure customers. The company focuses on advanced sensor, AI and electronic countermeasure systems designed to detect and mitigate hostile or unauthorised drones in high-threat environments.
Average Trading Volume: 24,473,879
Technical Sentiment Signal: Buy
Current Market Cap: A$4.33B
Learn more about DRO stock on TipRanks’ Stock Analysis page.