Beaten Zone Venture Partners announces successful fund close
Brisbane-based Beaten Zone Venture Partners has announced its first capital call following the successful first close of Fund I, a...
HMAS Hobart completes joint US, Japan, Philippine maritime cooperative activity
The Royal Australian Navy’s HMAS Hobart and a Royal Australian Air Force P-8A Poseidon have successfully completed a multila...
Marles heads to Washington to meet US counterpart for the first time
Deputy Prime Minister and Minister for Defence Richard Marles to visit the United States to strengthen the alliance in his first m...
RAAF Vampire fighter jet sees the sun again
The Royal Australian Air Force has restored a 1950s-era Vampire fighter jet for display at Amberley. ...

DroneShield receives counter-drone contract

DroneShield receives counter-drone contract

The ASX-listed company has been tapped to deliver its counter-drone products to one of Australia’s regional partners.

The ASX-listed company has been tapped to deliver its counter-drone products to one of Australia’s regional partners.

DroneShield has announced its receipt of a $900,000 contract to deliver portable counter-drone systems to an undisclosed government agency in Asia, reportedly “allied with the West”.

This is expected to include provision of the DroneGun MKIII — a compact, lightweight UAS countermeasure solution, designed for one hand operation.

The system leverages a compact pistol shaped design with a control panel user interface, allowing operators to select and engage radio frequency (RF) disruption frequency modes.

This is the latest of a number of contracts awarded by international customers, including a $1.8 million order from the US Department of Defense for DroneGun MKIIITM units, and a $2 million European sale of DroneSentryTM fixed site systems.

DroneShield CEO Oleg Vornik said this latest order reflects the company’s expanding global footprint.

“This order is important in several ways. It demonstrates the progression of the business from development of our product suite several years ago, to regular smaller orders, to periodic larger orders, to regular larger orders, which we anticipate to further increase in size over time,” he said.

“The substantial inventory balance that we have created over the last two years enables rapid fulfilment of these orders.

“Further, this order is a testament to the diversity of the DroneShield sales pipeline — with the last three larger orders being US, Europe and Asia-based.”

DroneShield also continues to build its Australian pipeline, which includes a two-year, $3.8 million electronic warfare contract.

Vornik went on to note the growing importance of counter-drone technology in the modern battlespace.

“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,” he said.

[Related: DroneShield selected for ISREW panel ]

You need to be a member to post comments. Become a member for free today!