DroneShield shares lift after launch of drone tracking SaaS
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More news: Shares in anti-drone technology company DroneShield lifted after the company announced the launch of its SentryCiv counter-drone solution, which will target the civilian market on a subscription basis with no upfront cost.
At 10:41am AEST, DroneShield shares had lifted 2.15% to $4.04 each. In the year to date, DroneShield shares are up 436.67%.
DroneShield launches drone tracking SaaS aimed at civilian customers
The news: DroneShield has launched SentryCiv Counter-Drone solution, a non-emitting passive system for detecting and tracking drones without disruptions to existing communication systems targeted at the civilian market. It will be subscription-based.
The context: The SentryCiv Counter-Drone Solution connects to the Sentry-C2 Civ platform to provide real-time alerts, threat prioritisation, customisable zones, data logging and integration with third-party systems. The system is expected to receive quarterly updates.
It also provides ‘dot-on-a-map’ tracking through the company’s DroneLocator technology. DroneShield has also flagged that the SentryCiv solution is capable of identifying “a significant number of common drone models without disrupting existing communications systems”.
The company expects sales of subscriptions, which will feature no upfront purchase cost, to be material although no specific guidance was provided.
DroneShield says the system could be deployed at airports, data centres, venues and stadiums, government buildings or other pieces of critical infrastructure.
The source: ASX
