Autonomous systems developer DroneShield has secured a $900,000 portable counter-drone systems order from an allied Asian country.
The delivery and payment will occur over the current and March 2023 quarters, DroneShield in an ASX announcement.
Oleg Vornik, chief executive of DroneShield, said the latest order reflects the progression of the business from the development of the company’s product suite several years ago to orders that continuously increase in size.
“Further, this order is a testament to the diversity of the DroneShield sales pipeline – with last 3 larger orders being US, Europe and Asia-based. The Company also continues to receive regular revenues in Australia, including through execution of the 2-year, $3.8 million Electronic Warfare contract, that we are approximately halfway through,” Vornik said.
“As we are seeing in Ukraine, with the latest use of Shahed-136 drones by Russia, drone warfare continues to rapidly escalate, and Government agencies globally are responding to this threat with acquisitions of counter-drone systems, where DroneShield is the global leader in the sector,” the CEO added.
The latest counter-drone systems order follows a series of recent orders, including the $1.8 million US Defence order for DroneGun MKIII units, the $2 million European sales of DroneSentry fixed site systems and the initial US airport deployment.
