DroneShield Receives $1m DroneSentry-X order from undisclosed govt agency
- DroneShield (DRO) receives a $1 million order from an undisclosed international government agency for several of its DroneSentry-X units
- The company expects the full payment, which excludes future year subscriptions and shipment, before the end of this quarter
- The order is for its full detect-and-defeat variant of its Drone Sentry-X units which includes AI-powered software with quarterly software updates on a subscription basis
- CEO Oleg Vornik says this purchase follows earlier trials and is expected to follow up with a number of additional systems to be acquired in 2023
- Shares in Drone Shield are up 4.76 per cent, trading at 22 cents as of 11:59 am AEDT
