Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
The latest update is out from DroneShield Limited ( (AU:DRO) ).
DroneShield Limited has secured a significant set of contracts worth $11.8 million for providing its counter-drone systems to a military customer in the Asia Pacific region, demonstrating its growing presence and capability in addressing advanced military needs. This marks an increase in demand as military clients transition from testing to broader deployment of DroneShield’s solutions, reflecting the company’s strategic expansion across multiple regions.
More about DroneShield Limited
DroneShield Limited (ASX:DRO) specializes in providing artificial intelligence-based platforms for protection against advanced threats such as drones and autonomous systems. The company offers bespoke counter-drone (counter-UAS) and electronic warfare solutions tailored for various platforms, serving customers including military, intelligence, government, law enforcement, critical infrastructure, and airports.
YTD Price Performance: -11.28%
Average Trading Volume: 130,895
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $358.2M
Learn more about DRO stock on TipRanks’ Stock Analysis page.
