Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
An update from DroneShield Limited ( (AU:DRO) ) is now available.
DroneShield Limited has secured a $49.6 million contract with a European reseller to supply handheld counterdrone systems and related products to a European military end-customer. This contract, which is expected to be fulfilled by Q1 2026, marks a significant addition to DroneShield’s portfolio, having previously secured 15 contracts totaling over $86.5 million from the same reseller. The announcement indicates that the contract is not expected to materially affect the company’s securities’ price or value.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$2.00 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 (ASX:DRO) provides Artificial Intelligence based platforms for protection against advanced threats such as drones and autonomous systems. The company offers solutions for terrestrial, maritime, or airborne platforms, serving customers including military, intelligence community, government, law enforcement, critical infrastructure, and airports.
YTD Price Performance: 171.90%
Average Trading Volume: 24,369,196
Technical Sentiment Signal: Hold
Current Market Cap: A$1.9B
See more data about DRO stock on TipRanks’ Stock Analysis page.