DroneShield Limited (AU:DRO) has released an update.
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DroneShield Limited has secured a $4.7 million contract with a new high-profile Swiss government agency to provide advanced vehicle-based counterdrone systems, which are expected to be paid for throughout 2024 into early 2025. These systems, incorporating AI-based sensor fusion, will enhance operational flexibility for both static and mobile missions. The deal signifies DroneShield’s growth and expertise in AI-driven defense technologies and system integration for demanding security applications.
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