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DroneShield: Receives orders from two European Govt. agencies

  • Drone security technology DroneShield (DRO) has received orders from two European Government agencies for its products
  • The first order is for the multi-sensor detection system, DroneSentinel, and follows on from a smaller order in July
  • The company said both of the new orders are for government agencies with a high credit rating
  • The second order is for the Ministry of Defence of a European country and is for the company’s DroneGun Tactical, DroneNode and RfPatrol products
  • DroneShield will receive $750,000 for the drone products and hopes these new sales will lead to follow-up orders
  • Droneshield is up 3.57 per cent on the market and shares are trading for 14.5 cents per share
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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