The covertness of drones has raised many ethical and security questions. Droneshield aims to protect the interests of governments by offering technology solutions to protect against drone intrusion. The company experienced rapid revenue growth in the last financial year and has commenced 2022 with a string of contract wins across military services including some related to the Ukraine conflict. It also sells drones to local law enforcement agencies.
it has also won its first client following its admission to the US General Service Aviation list of preferred suppliers, a pipeline the company hopes yields more results. Droneshield expects to benefit from, and is positioned for, an increased demand for drone defence over the coming years.
from late March:as mentioned .....To date, the DRO shareprice has not reflected the perceived lift of interest.
Oleg Vornik, DroneShield CEO, added, “As drones continue to be increasingly used in modern warfare, we are seeing rapidly increasing demand for the DroneShield equipment. 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.”