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DroneShield Limited ( (AU:DRO) ) just unveiled an announcement.
DroneShield Limited has secured a standalone $6.2 million contract via an in-country reseller to supply interoperable counter-drone solutions, including third-party hardware integrated with its DroneSentry-C2 command-and-control software, to a military customer in an Asia Pacific country. Delivery and payment are expected in 2026, adding to more than $48 million in prior contracts with the same reseller over the past two years and reinforcing DroneShield’s recurring role in supplying advanced counter-drone capabilities to major defence customers in the region, although the company notes there is no obligation for future orders from this customer.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$2.50 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 is an Australian-listed defence technology company that provides artificial intelligence-based platforms to protect against advanced threats such as drones and autonomous systems. Its modular solutions are designed for deployment across terrestrial, maritime and airborne environments, serving military, intelligence, government, law enforcement, critical infrastructure and airport customers globally.
Average Trading Volume: 25,154,067
Technical Sentiment Signal: Buy
Current Market Cap: A$2.54B
See more data about DRO stock on TipRanks’ Stock Analysis page.