The ASX-listed technology company has secured a contract from a Five Eyes nation.
DroneShield has received a two-year defence contract worth $3.8 million from an undisclosed Five Eyes country.
Approximately $2 million of the total contract value is scheduled for the June and September quarters of 2021.
“This contract is testament to the world leading capabilities of the DroneShield team,” Oleg Vornik, DroneShield CEO, said.
DroneShield develops unmanned aerial systems (UAS) and countermeasure platforms, designed to enhance detection and early countermeasure capability.
The firm’s defence products include DroneGun, which provides directional antennas in a lightweight robust rifle style design, featuring a control panel user interface to select and engage the range of jamming frequencies for target defeat.
Last month, DroneShield partnered with US-based firm Zenith AeroTech, in a bid to broaden its offering to include counter-drone capabilities delivered via tethered aerial vehicles (TAV).
As part of the collaboration, Zenith AeroTech is expected to deploy DroneShield’s DroneSentry-C2 command-and-control ecosystem and a miniaturised radar into its TAV platforms, supporting counter drone or drone swarm attacks.
According to DroneShield, the partnership would enhance longer range drone detection and countermeasure capabilities.
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News Editor – Defence and Security, Momentum Media
Prior to joining the defence and aerospace team in 2020, Charbel was news editor of The Adviser and Mortgage Business, where he covered developments in the banking and financial services sector for three years. Charbel has a keen interest in geopolitics and international relations, graduating from the University of Notre Dame with a double major in politics and journalism. Charbel has also completed internships with The Australian Department of Communications and the Arts and public relations agency Fifty Acres.