Sydney, Australia – 12 December 2019 – DroneShield Ltd (ASX:DRO or DRO.AU) (“DroneShield” or the “Company”) today announced that it ranked in the Deloitte Technology Fast 500™ Asia Pacific 2019, a ranking of the 500 fastest growing technology companies in Asia Pacific.
Rankings are based on percentage revenue growth over three years. DroneShield grew 1,030% during this period. DroneShield’s CEO, Oleg Vornik, credits the Company’s rapid traction in the fast growing counter drone space for this result, commenting, “DroneShield was the original pioneer in the counter drone space and we continue to lead the field with our highly innovative products which are well received by customers globally.”
“Being ranked on the Deloitte Technology Fast 500™ is an impressive achievement, especially because today’s technology companies are thriving in extraordinarily competitive and changeable environments,” said Mike Horne, Asia Pacific Deloitte Private Leader.
Deloitte Technology Fast 500™ Asia Pacific selection and qualifications The Technology Fast 500™ list includes public or private companies headquartered in Asia Pacific which must be a “technology company,” defined as a company that develops or owns proprietary technology that contributes to a significant portion of the company’s operating revenues; or manufactures a technology-related product; or devotes a high percentage of effort to the research and development of technology.
Based in Sydney (Australia), Virginia and Washington, DC (USA) and London (UK), DroneShield is a worldwide leader in drone security technology. The Company has developed the pre-eminent drone security solution that protects people, organisations and critical infrastructure from intrusion from drones. Its leadership brings world-class expertise in engineering and physics, combined with deep experience in defence, intelligence, and aerospace.