On 1 October 2019 DroneShield Ltd (ASX:DRO or DRO.AU) (“DroneShield” or the “Company”) announced that it had won an Australian Department of Defence open tender for portable unmanned aerial system detection devices, in the aggregate amount of approximately A$700,000 and that it expected to deliver the products during the calendar 2019.
These products were shipped to the Australian Department of Defence today, with the payment of approximately A$565,000, for the initial purchase price, expected to be received from the Australian Government this quarter.
DroneShield’s CEO Oleg Vornik commented, “This order is particularly important for us since this is the first sizeable order for our portable drone detection device RfPatrol™ and the first order from the Australian Defence Force.”
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.