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The ASX-listed company has been tapped to deliver its counter-UAS platforms to an international customer.
DroneShield has announced its receipt of a $2 million contract to supply an undisclosed international government agency with several of its counter-UAS offerings.
The order, set to be funded over the March and June quarters, includes an upfront purchase of $2 million with an additional recurring subscription element — potentially representing a “material” increase in the contract value.
“As drones continue to be increasingly used in modern warfare, we are seeing rapidly increasing demand for the DroneShield equipment,” Oleg Vornik, DroneShield CEO, said.
“With the substantial investment in inventory over the last 12 months, ability to rapidly fulfil orders remains critical in current environment, and we are well placed.”
The order comes just weeks after DroneShield and sensing solutions company Teledyne FLIR – a subsidiary of Teledyne Technologies Incorporated – entered into a partnership aimed at developing a new sensing capability for counter-UAS systems.
As part of the collaboration, Teledyne FLIR is expected to integrate its counter-UAS thermal imaging sensing technology with DroneShield platforms.
The thermal camera hardware is designed to enable military customers to improve detection by identifying and tracking numerous unmanned threats in the thermal and radio frequency (RF) spectrums at extended range.
At the time of the announcement, DroneShield revealed the joint offering had already attracted interest from an undisclosed “major Western military agency”, which is set to deploy the capability at a military testing range.
[Related: DroneShield, Teledyne FLIR partner to develop joint counter-UAS offering]
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