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DroneShield Limited
(Sydney:DRO)
DroneShield Limited (DRO) vs. iShares MSCI Australia ETF (EWA)
DroneShield Limited Business Overview & Revenue Model
DroneShield Limited Earnings Call Summary
DroneShield Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 106.78M | 57.53M | 54.09M | 16.81M | 10.47M | 5.03M |
| Gross Profit | 72.08M | 41.24M | 38.95M | 11.83M | 7.62M | 3.20M |
| EBITDA | 5.03M | -2.71M | 2.56M | -1.94M | -5.88M | -6.09M |
| Net Income | 5.61M | -1.32M | 9.33M | -949.30K | -5.31M | -5.87M |
Balance Sheet | ||||||
| Total Assets | 353.48M | 355.88M | 97.05M | 25.21M | 18.34M | 23.13M |
| Cash, Cash Equivalents and Short-Term Investments | 202.73M | 219.49M | 56.77M | 10.22M | 9.49M | 16.29M |
| Total Debt | 9.15M | 9.11M | 2.63M | 596.10K | 248.37K | 476.56K |
| Total Liabilities | 38.99M | 44.29M | 22.54M | 6.21M | 2.76M | 3.54M |
| Stockholders Equity | 314.49M | 311.59M | 74.51M | 19.00M | 15.58M | 19.59M |
Cash Flow | ||||||
| Free Cash Flow | -47.26M | -64.40M | 7.75M | -2.58M | -6.74M | -5.42M |
| Operating Cash Flow | -37.21M | -58.04M | 9.48M | -1.75M | -6.27M | -4.65M |
| Investing Cash Flow | -50.20M | -165.26M | -1.95M | -832.17K | -467.45K | -772.16K |
| Financing Cash Flow | 114.88M | 231.89M | 39.11M | 3.06M | -122.03K | 16.30M |
DroneShield Limited Technical Analysis
DroneShield Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | AU$3.05B | 409.88 | 2.19% | ― | 61.31% | -34.15% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
48 Neutral | AU$26.12M | -3.97 | -31.01% | ― | -3.43% | -40.65% | |
48 Neutral | AU$15.46M | -1.37 | -684.77% | ― | 8.64% | 33.88% | |
47 Neutral | AU$26.93M | -9.75 | -60.87% | ― | ― | ― |
DroneShield Limited Corporate Events
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.
DroneShield Limited has scheduled an investor webinar to discuss its fourth-quarter 2025 results, to be held on 28 January 2026 and presented by the company’s chief executive, chief financial officer and chief product officer. The briefing underscores DroneShield’s ongoing engagement with the market and its investor base as it reports quarterly performance, offering stakeholders an opportunity to gain deeper insight into the company’s operational and financial trajectory.
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.
DroneShield reported a strong start to 2026, highlighting rapid top-line expansion and improving profitability as its counter-drone business scales. Unaudited management figures show customer cash receipts and revenue from customers rising sharply through 2025, with committed revenue and committed customer cash receipts for 2026 indicating year-on-year growth of 256% and 277% respectively, and SaaS revenue up 312% year-on-year as the company builds a substantial recurring revenue base. The company recorded the most profitable half-year in its history in 2025, with profit before tax of A$5.2m for the period, underpinned by an estimated gross margin of about 65% and fixed annual cash costs of around A$150m, suggesting increasing operational leverage as scale improves. Management emphasises that the 2025 and 2026 figures are unaudited and based on internal estimates, with audited 2025 results due in February 2026, but the trajectory indicates a transition toward sustained profitability and a stronger competitive position in the rapidly growing counter-drone market.
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.
DroneShield reported a strong fourth quarter to 31 December 2025, with revenue nearly doubling year-on-year to A$51.3 million and customer cash receipts up 142% to A$63.5 million, marking its second-best quarter on both measures and capping a record year. SaaS revenues surged 475% to A$4.6 million as the company doubled down on software-centric offerings to address rapidly evolving drone technology, while operating cash flow swung from a loss of A$8.9 million to a positive A$7.7 million, underscoring a shift toward sustainable profitability. Management highlighted A$95.6 million of committed revenue already secured for 2026, compared with negligible commitments at the start of 2025, positioning the company for continued growth and signalling rising demand from both defence and anticipated civilian customers, where subscriptions are expected to become a central driver of future earnings.
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.
DroneShield Limited has disclosed a change in CEO Oleg Vornik’s interests in the company’s securities, with 709,361 unlisted performance options vesting after the business achieved a key milestone of $200 million in cash receipts within a 12‑month rolling period. The vesting, which brings Vornik’s total unlisted vested performance options to 902,528, represents the final tranche of options tied to the $200 million performance condition previously approved by shareholders, and signals that the company has met a significant growth benchmark, while any new equity incentives for the CEO will require shareholder approval at the next AGM under a revised $300–$500 million revenue or cash receipts structure with staggered vesting triggers.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$4.50 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield has announced the vesting of 9.22 million performance options after the company achieved a milestone of $200 million in cash receipts over a rolling 12-month period, reflecting a sharp uplift from when the options were originally granted to incentivise staff during a lower sales phase. The options, held by employees including the CEO but excluding non-executive directors, contribute to a potential fully diluted share count of about 930.4 million shares, and form part of a broader incentive framework that has recently been upgraded with new, higher performance hurdles of $300 million, $400 million and $500 million in revenue or cash receipts. The rapid crystallisation of multiple option tranches, tied to the company’s strong growth, has resulted in a non-cash share option expense of $23.5 million for 2025, underscoring both the acceleration in DroneShield’s financial performance and the growing dilution and cost considerations for shareholders.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$4.50 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield has been selected as a Category 2 counter-small unmanned aerial systems solutions provider on the Australian Department of Defence’s Project LAND 156 Line of Effort 3 Standing Offer Panel, enabling Defence to procure its counter-drone hardware, software, command-and-control systems and associated support on a capability-as-a-service basis. While panel selection does not guarantee contracts, it creates a streamlined pathway for DroneShield to compete for work across roughly 150 Defence bases and other government sites at a time when Australia has earmarked $1.3 billion over 10 years for counter-drone capabilities, positioning the company to benefit materially from rising domestic demand for small-drone defence as procurement and deployment timelines are accelerated.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
JPMorgan Chase & Co. and its affiliates have notified DroneShield Limited that they have ceased to be a substantial holder in the company as of 9 January 2026, following a series of transactions and securities lending-related changes in their relevant interests in DroneShield’s ordinary shares. Various JPMorgan entities, including its asset management arms and securities businesses in the US, UK, Asia Pacific and Australia, adjusted positions through securities on loan, collateral received under securities lending, and proprietary trading, resulting in JPMorgan’s combined holding falling below the substantial shareholder threshold, which may modestly alter DroneShield’s institutional ownership profile but does not directly affect its operations.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has applied to the ASX for quotation of 500,000 new fully paid ordinary shares, to be issued on 12 January 2026 under the ticker DRO. The additional securities, arising from the exercise or conversion of existing options or other convertible instruments, modestly expand the company’s equity base and increase its free float, potentially enhancing liquidity for investors while signalling ongoing use of equity-linked incentives or financing structures.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$4.50 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
JPMorgan Chase & Co. and its affiliates have notified DroneShield Limited that they have ceased to be a substantial holder in the company as of 2 January 2026. The change reflects adjustments across various JPMorgan entities involving securities lending, collateral holdings and proprietary trading in DroneShield shares, resulting in their aggregate interest falling below the substantial shareholder threshold, which may alter the company’s institutional ownership profile and signals a shift in one major global financial institution’s exposure to the stock.
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.
DroneShield Limited has secured an $8.2 million contract via an in-country reseller to supply handheld counter-drone systems, accessories, spare kits and software updates to a western military customer, with delivery expected by late 2025 or early 2026 and cash payment anticipated in the first quarter of 2026. The deal, from a reseller that has placed 38 prior contracts worth over $9.6 million, underscores recurring demand from a major global defence-related channel partner and contributes to DroneShield entering 2026 with approximately $97.7 million in locked-in revenues, its highest-ever contracted revenue base at the start of a year, strengthening its financial visibility and positioning in the counter-drone market.
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.
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.
DroneShield has completed an independent governance review of its continuous disclosure, securities trading policies and related areas, and is implementing a suite of reforms aimed at aligning its practices with those expected of an ASX200 company. The board will introduce a mandatory minimum shareholding policy for directors and senior management, update its securities trading and continuous disclosure policies, seek to appoint an additional independent non-executive director with ASX200 experience within 12 months, review director and executive remuneration structures with external support, and enhance verification, financial reporting and internal control processes following its ERP implementation, signalling a broader strengthening of governance and oversight for stakeholders.
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.
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.
DroneShield Limited has announced the issuance of 50,000 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code DRO. This move is part of the company’s strategic efforts to enhance its capital structure, potentially strengthening its market position and providing additional resources for growth and development in the drone defense sector.
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.
JPMorgan Chase & Co. and its affiliates have ceased to be substantial holders in DroneShield Limited as of November 24, 2025. This change in holding reflects a shift in the ownership structure of DroneShield, potentially impacting the company’s market perception and stakeholder interests. The cessation involves a significant number of ordinary securities, indicating a notable adjustment in the company’s shareholder composition.
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.
DroneShield Limited has secured a $5.2 million follow-on contract for handheld counterdrone systems from a European military customer through a long-term reseller. The company is well-prepared to fulfill the order with existing stock and expects cash payment in the fourth quarter of 2025, highlighting its strong market presence and ongoing demand for its counterdrone solutions.
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.
DroneShield Limited has addressed recent media reports by reaffirming its strong business fundamentals, record revenues, and commitment to technological innovation. The company is undertaking an independent review of its disclosure and trading policies to enhance transparency and governance. Additionally, DroneShield has corrected an administrative error regarding US contracts and is implementing stronger validation checks. The company continues to comply with financial reporting standards and maintains a robust sales and distribution network, while focusing heavily on research and development to advance its counter-drone technologies.
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.
DroneShield Limited announced a significant change in the interests of its director, Oleg Vornik, who disposed of 14,806,833 fully paid ordinary shares through a series of on-market trades between November 6 and November 12, 2025, totaling approximately $49.47 million. Despite this disposal, the director retains a substantial amount of vested and unvested equity in the company, indicating continued involvement and potential influence in the company’s future operations.
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.
DroneShield Limited announced a significant change in the director’s interest, with Peter James disposing of 3,685,345 fully paid ordinary shares between November 6 and November 12, 2025, for a total consideration of $12,312,831.97. This disposal of shares could impact the company’s stock market perception and investor confidence, as it reflects a substantial reduction in insider holdings.
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.
DroneShield Limited has announced that it has met the vesting conditions for a significant number of performance options, which were part of the remuneration for its directors and senior managers. This achievement reflects the company’s substantial revenue growth, with a target of A$200 million in a 12-month period. The directors have exercised these options, resulting in the sale of a large portion of their shares to cover tax liabilities. The company clarified that there was no prior agreement among the directors to sell their shares, and the sales were conducted in the ordinary course of trading. This development highlights the company’s strong financial performance and its commitment to transparency in market disclosures.
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.
DroneShield Limited announced the resignation of its U.S. CEO, Matt McCrann, who has been with the company since 2019 and served as U.S. CEO since 2022. The company is focusing on expanding its U.S. operations, which is a crucial market expected to grow in both military and civilian sectors due to the increasing threat posed by drones. This expansion includes setting up a U.S. product assembly operation and appointing a U.S. Advisory Board, highlighting the strategic importance of the U.S. market to DroneShield’s global operations.
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.
DroneShield Limited has acknowledged a recent share price movement following the lodgement of change of directors’ interest notices, which are unrelated to the company’s strong growth trajectory. The company reported record quarterly revenue growth and positive operating cash flow, with directors retaining stakes through vested options, demonstrating their commitment to the company’s success.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$3.50 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has addressed inquiries from the ASX regarding recent trading activities in its securities, confirming that there is no undisclosed information that could explain the trading. The company attributes the trading activity to the disposal of shares by certain directors, as disclosed in a recent Appendix 3Ys filing. DroneShield asserts its compliance with ASX Listing Rules and confirms that its responses have been authorized by its board in line with its continuous disclosure policy.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$3.50 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has announced a significant change in the interests of its director, Peter James, who has disposed of 3,685,345 fully paid ordinary shares through an on-market trade, valued at $12,353,587. This transaction leaves him with 250,000 unlisted and vested performance options, indicating a strategic adjustment in his investment while maintaining a vested interest in the company. The change reflects a notable shift in the director’s holdings, potentially impacting stakeholders’ perceptions of the company’s future prospects.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$3.50 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited announced a significant change in the director’s interest, with Director Oleg Vornik disposing of 14,806,833 fully paid ordinary shares through an on-market trade, valued at approximately $49.47 million. Despite this disposal, Vornik retains a substantial amount of vested and unvested equity in the company, indicating continued involvement and potential influence in its strategic direction.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$3.50 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited announced a change in the director’s interest, with Director Jethro Marks disposing of 1,460,000 fully paid ordinary shares through an on-market trade valued at $4,892,545. Despite this significant transaction, Marks retains vested equity in the company, holding 40,000 unlisted and vested performance options. This move may impact the company’s stock dynamics and investor perceptions, highlighting the director’s strategic financial decisions.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$3.50 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited announced the withdrawal of a previous announcement regarding $7.6 million in contracts for handheld systems to the U.S. Government, clarifying that these were not new orders but reissued due to regulatory updates. The error was administrative, and the company is implementing measures to prevent future occurrences, which highlights the importance of accurate contract reporting and its impact on stakeholder trust.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$3.50 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has announced a significant $7.6 million order for handheld counter-drone systems from the U.S. Government, marking a continued increase in customer order flow. This order, part of a series of repeat contracts, underscores DroneShield’s position as a trusted provider in addressing drone threats. The company is experiencing substantial growth, with a notable increase in the number and size of orders compared to previous years. Operational expansions are underway, including new assembly plants in Europe and the US, as DroneShield aims to scale its production capacity significantly by 2026.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$3.50 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has announced a change in the director’s interest, specifically involving Peter James. The change includes the acquisition of 2,750,000 fully paid ordinary shares and the disposal of an equal number of performance options, with no cash consideration involved. This adjustment in securities reflects a strategic move in the company’s governance, potentially impacting its market positioning and stakeholder interests.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$5.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has announced a change in the director’s interest, with Oleg Vornik acquiring 14,806,833 fully paid ordinary shares through the exercise of vested performance options. This change reflects the company’s achievement of a significant milestone, reaching $200 million in cash receipts within a 12-month period, which underscores its robust financial performance and strategic growth in the industry.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$5.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has announced a change in the director’s interest, with Jethro Marks acquiring 1,460,000 fully paid ordinary shares following the exercise of vested performance options. This change was prompted by the company achieving a significant milestone of $200 million in cash receipts within a 12-month period, reflecting positively on its operational success and potentially enhancing its market position.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$5.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has announced the issuance of 31,161,833 fully paid ordinary shares without disclosure to investors under Part 6D.2 of the Corporations Act. The company has confirmed compliance with relevant provisions of the Corporations Act and stated that there is no excluded information as per sections 708A(7) and 708A(8). This move is part of DroneShield’s ongoing efforts to strengthen its market position and operational capabilities.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$5.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has announced the application for quotation of 31,161,833 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of the company’s strategic efforts to enhance its market presence and operational capabilities, potentially impacting its positioning within the defense and security industry by expanding its financial resources.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$5.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has announced the vesting of 44,455,000 Performance Options following the achievement of a $200 million cash receipts milestone within a 12-month period, verified by their auditor. This milestone positions the company for another record year, and to maintain alignment with shareholders, new performance options will be issued with higher revenue or cash receipt targets of $300 million, $400 million, and $500 million. This incentive structure aims to attract talent and drive company growth while ensuring a focus on long-term strategic goals.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$5.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has announced the cessation of 150,000 securities due to the lapse of conditional rights, as the conditions for these securities were not met or became incapable of being satisfied. This announcement could impact the company’s capital structure and investor perception, as it reflects on the company’s ability to meet certain operational or financial conditions tied to these securities.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$4.50 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has secured a $25.3 million contract from a reseller in Latin America, intended for a government defense end customer. This contract, expected to be fulfilled by Q1 2026, marks a significant increase in business from this region, where DroneShield has previously received orders totaling $2.9 million. The deal underscores DroneShield’s growing presence in the Latin American market, positioning it as a preferred provider of counter-UAS systems amid rising demand for drone defense solutions.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$4.50 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.