Droneshield gets $4.3m US government contract
The news: Drone security firm Droneshield has secured a fresh order from a US government customer for a number of its handheld counter-unmanned aerial systems.
The numbers: The order is worth $4.3 million, with delivery to be completed in the next 15 days, Droneshield said.
The context: While the company said it has worked with the US government previously, this is the first material contract from them. It expects subsequent material larger orders in the near term, although the timing and size of the future orders is not yet known.
Droneshield provides artificial intelligence-based platforms for protection against threats from drones and autonomous systems.
The source: ASX announcement