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DroneShield Limited ( (AU:DRO) ) has issued an announcement.
DroneShield Limited has applied to the ASX for quotation of 4,565,000 new fully paid ordinary shares under the ticker DRO, with an issue date of 29 January 2026. The additional stock issuance will expand the company’s quoted share capital, potentially supporting funding for ongoing operations and growth initiatives while modestly diluting existing shareholders, and signals continued capital markets activity as DroneShield pursues its strategic objectives in the defence technology space.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$5.00 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 is an Australian-listed company operating in the defence and security technology sector, focused on developing and supplying counter-drone (C-UAS) solutions and related surveillance products for military, government and critical infrastructure customers.
Average Trading Volume: 24,872,008
Technical Sentiment Signal: Buy
Current Market Cap: A$4.09B
See more data about DRO stock on TipRanks’ Stock Analysis page.