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DRO - DroneShield Limited

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1 October 2020 ASX RELEASE

Government Agency Order
DroneShield Ltd (ASX DRO) (“DroneShield" or the “Company”) is pleased to announce it has received an order for its DroneGun TacticalTM hand-held counter-drone products from a major intelligence Government
agency of a Five Eyes country
(a signals intelligence alliance between countries comprising of the US, Canada, Australia, UK and New Zealand).

The order is for approximately $900,000, and is expected to be filled and paid for, through 4Q20 and 1Q21.

This is the first order for this customer, following an evaluation process.
 
Droneshield DRO
Anyone watch/subscribe to "Project One" on YouTube back in September '20 whereby he covered Droneshield's huge potential – he mentioned all the catalysts going forward including the real biggie being that Middle East $80M contract bid that seems to be in negotiation/discussions pipeline as we speak that we are all anxiously awaiting news on (finger's crossed).

Also, 7News on YouTube covered Droneshield a couple of week's ago that was interesting/worth watching.

DYOR .. Cheers tela
 
Bought more DRO today as feel it's way oversold @ 0.175c
Interestingly, a 100K buyer @ 0.18c stepped up towards auction close but no seller's nibbled at this bid offer whatsoever!? so bodes well for next week imo
 
Telamelo said:
Bought more DRO today as feel it's way oversold @ 0.175c
Interestingly, a 100K buyer @ 0.18c stepped up towards auction close but no seller's nibbled at this bid offer whatsoever!? so bodes well for next week imo
Click to expand...

Howdy Tela, What do you make of the recent Directors Interest notices. The boys have all exercised their unlisted November Options at 65 cents per Share ... and the Company loans them all the money (part of the Option arrangement)

I wonder if/when they have to pay the money back and what justification of paying 65 cents when the current SP is 17.5 cents?

Seems a bit dodgy to me. I wouldnt mind seeing the "contract" details.
 
How does DRO's product compete with military counter drone technologies that could be commercialised for civilian use eg at airports and industrial plants? THOR for instance is designed against swarms of small drones that pose a greater threat in the future that DRO's current offering would cope with.

Troops To Test AFRL's THOR Drone Killer This Fall - Breaking Defense

THOR puts high-powered microwaves to fry drone swarms' electronics in a rugged and deployable package.
breakingdefense.com
 
DRO 15/12/20 Swiss Airport Deployment, Record Orders & Receipts!

DroneShield DRO is pleased to announce deployment of its multi-sensor C-UAS DroneSentryTM system at the Altenrhein Airport in Switzerland.

Altenrhein Airport deployment:
The deployment consists of the following DroneShield solutions:
- multiple RfOneTM units, able to detect, ID & track single or swarms of UAS in real time, at the world
leading 8km range, as well as indicate the location of the UAS pilot
- DroneOptTM optical verification systems, with DroneShield proprietary DroneOptIDTM AI-based
engine, with ability to ID and track the UAS & its payload
- DroneSentry-C2TM command-and-control (“C2”) user interface, an intuitive, low cognitive burden C2
with ability to alert & track the incoming UAS in real time, as well as provide extensive reporting
functionality, creating a high degree of UAS flight awareness around the airport precinct.

The system is entirely passive (no emissions) with no interference to other equipment, making it well suited for the airport environment.

Oleg Vornik, DroneShield’s CEO, has commented, “Airports have experienced a substantial degree of disruption due to UAS flights at their facilities. Small UAS present multiple well-documented dangers to the airliners, including critical engine damage risk in the event the UAS & its lithium batteries come into contact with it, or creating windshield cracks on impact.”

Timo Nielsen, the Altenrhein Airport Safety & Compliance Manager, has commented, “We are pleased to partner with DroneShield, as the global leader in the C-UAS space, for the deployment at our airport, enabling us to receive actionable awareness of the UAS activity in our air space".

DroneShield system that can be referenced and visited by prospective airport and other customers, around Europe & globally, is expected to result in paid deployments, as a number of airports in Europe & globally have indicated upcoming deployments of C-UAS systems in 2021.

Record Purchase Orders & Customer Cash Receipts!

DroneShield is pleased to advise it has received a record $2.8M in new customer Purchase Orders for the December 2020 quarter to date, as well as $1.6M in record quarterly customer cash receipts (plus a further $125K in grants) for the period (compared to approximately $200K in preceeding quarter). The Company continues to work with customers on additional orders and cash receipts prior to year-end.

DYOR .. Cheers tela
 

Also, just this past week announced the following:

DroneShield DRO, a pioneer and global leader in the C-UAS sector, and Squarehead, a Norwegian-based acoustic array technology company, have entered into a partnership in the C-UAS space.

Going forward, DroneShield will be offering an integrated system for C-UAS detection &mitigation, with DroneShield’s radiofrequency, radar &camera-based UAS detection &electronic warfare UAS defeat products integrated with Squarehead’s Discovair G2TM direction-finding acoustic system, within DroneSentry-C2TM airspace awareness, command-and-control and reporting software.

This product integration of the two companies’ offerings has been completed, &the combined solution is available to customers at present. The combined system is presently undergoing test evaluation schedule with the U.S. Department of Defence.

https://www.suasnews.com/2020/12/droneshield-and-squarehead-partner-in-the-c-uas-space/
 

Hey Everyone.. been a while since I dropped by as was in hospital etc. but thankfully am all good now.

Hope everyone has been keeping well & safe.

Droneshield DRO came out with another 'Government Agency order' announcement!

Oleg Vornik, DroneShield’s CEO, commented,
“This order demonstrates adoption of our products at a mature sales cycle level, where ongoing repeat orders of meaningful scale start to occur."

This order shows DroneShield moving to a subsequent phase of ongoing sales without requirement of testing and evaluation prior to each sale, as our products become the standard for counter UAS technology amongst leading Government agencies globally.”

Cheers tela
 
DroneShield DRO announces:

*Record December 2020 Quarterly Results!

Cheers tela
 
Telamelo said:
DroneShield DRO announces:

*Record December 2020 Quarterly Results!

Cheers tela
Click to expand...
Well DRO at 0.19c now I think sp will pick up from here as it appears on people's radar's.

Yesterday's "Dec '20 Record Quarterly results" usually take a few days to filter through to wider market. Cheers tela
 
DRO closed up +5.56% on January 5, 2021, on approximately normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.

DRO Share Technical Analysis | DroneShield Ltd

Current Technical Analysis and interactive chart for $DRO stock / shares. See the current trading strategy, trend(s), rating and buy and sell signals.
asx.swingtradebot.com
 
Gringotts Bank said:
They need Gatling guns mounted on top of the cameras to shoot 'em down!
Click to expand...
Boeing is designing high powered lasers for the army and airforce to fry drones, check out boeings website under the military area and you will see the laser weapons I am talking about.

 
DRO green @ 0.175c +2.94% yesterday's impressive 4C quarterly highlighted $13M order book with both US military & Govt buying the tech it now ticks lots of boxes (de-risked etc.) Oh & recent EU police order as well that looks set to expand during 2021
 
Strong support @ 0.17c/0.175c
 
08/02/21 DroneShield DRO is pleased to announce the rollout of its first fully Machine Learning/AI based detection & classification software to all of its existing customer systems.

DroneShield utilises its proprietary techniques in signal processing and Machine Learning/AI to do near-real time detection & identification of unmanned robotic systems and, more broadly, other potential threats in the Electronic Warfare fields. The result is a dramatic increase in detection responsiveness, lower false positives & a significant increase in the speed at which new threats are detected, classified & tracked by the DroneShield systems.

One of the key achievements that sets DroneShield’s technology substantially ahead of the existing technologies globally, is a very lightweight machine learning architecture designed to run on low power FPGA (Field-Programable Gate Array) hardware. This enables the system to be deployed for long term periods in power scarce, air-gapped environments.

The software is designed to run on all DroneShield platforms including RfPatrolTM, DroneSentryTM and DroneSentry-XTM.

Future device software updates will build on this system architecture & increase performance & the number of detectable threats.

Oleg Vornik, DroneShield’s CEO, commented, “DroneShield customers receive regular software updates via enrolling into a Subscription-as-a-Service (SaaS) model at the time of purchase of their systems.

Importantly, the software also has capabilities for deployment outside of the C-UAS space, on a hardware agnostic basis. DroneShield is currently engaging in such deployments with its Five Eye country military customers.”
---------------------------
DYOR .. Cheers tela
 
DRO well hello hello as a 1.8M line wipe just gone through @0.18c so perhaps finally waking up!? lol
 
DroneShield partners with M2K Technologies to bring revolutionary anti-drone systems to Indian market

DroneShield Ltd DRO, a global leader in drone detection and mitigation, and M2K Technologies, part of M2K Group with business interests in Defence & Aviation, Biologicals, Real Estate and Entertainment, have entered into an Agreement to collaborate and distribute DroneShield solutions in the Indian market.

Oleg Vornik, DroneShield’s CEO, commented, “M2K Technologies is a strong business partner in the Indian market, which has been seeing a rapid rise in the c-UAS requirements, being driven by non-State (such as criminal and terrorist) and State-based use of UAS, including escalation of the India-China border conflict along the Line of Actual Control (LAC).”

Vikash Bhagchandka, President M2K commented, “We are pleased to partner with DroneShield for addressing the imminent threat emerging from rogue drones faced by forces and security agencies and provide solutions across industries to protect our borders, prisons, airports, petrochemical complexes and other critical infrastructures and VIPs. We are actively engaging in multiple procurement processes in India in the c-UAS space through our partnership.”

DYOR .. Cheers tela
 
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