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The ASX-listed company has received a repeat order for its counter-UAS technology from an international customer.
An undisclosed US government agency has placed a repeat order valued at approximately $500,000 for DroneShield’s counter-UAS products.
The deal builds on a $2 million contract awarded to DroneShield earlier this year.
“This repeat order from a customer with some of most demanding and complex government agency requirements globally, shows the industry leading capabilities of DroneShield products,” Oleg Vornik, DroneShield’s CEO, said.
Vornik said he expects the company's pipeline to grow over the coming months.
“We believe that we are now at an inflection point with a number of high-profile customers, with the next step being regular multi-million-dollar orders, which we expect to commence through 2H22," he added.
DroneShield develops unmanned aerial systems (UAS) and countermeasure platforms, designed to enhance detection and early countermeasure capability.
The firm’s defence products include DroneGun, which provides directional antennas in a lightweight robust rifle style design, featuring a control panel user interface to select and engage the range of jamming frequencies for target defeat.
Last week, the company partnered with the Australian Missile Corporation (AMC), signing a collaboration agreement aimed at supporting the Commonwealth government’s $1 billion sovereign Guided Weapons and Explosive Ordnance (GWEO) enterprise.
DroneShield is expected to offer its counter-UAS (C-UAS) security and technology, delivered to enhance protection for military, government, law enforcement, critical infrastructure and VIPs across the globe.
The counter-UAS firm is the latest company to join the consortium, building on a growing list of 350 Australian and international partners from the defence and aerospace industries, as well as research institutions and state and territory governments.
[Related: Australian Missile Corporation onboards DroneShield]
