DroneShield Secures top secret multi-million dollar counterdrone deals
- DroneShield (DRO) shares are soaring on news it has secured two separate $11 million orders from allied defence customers for its counterdrone systems over the past month
- The company has been working on Ukraine’s side since the country was invaded by Russia in February last year
- The company’s technology has been used to fight drones used for reconnaissance, directing artillery strikes and dropping charges
- The conflict has been the first to highlight the potential of drones on the modern day battlefield
- The company’s CEO and Managing Director Oleg Vornik said demand for the company’s counterdrone equipment and software-as-a-service offerings has now become mainstream