DroneShield Ltd (ASX:DRO) (DroneShield or the Firm) is happy to advise that Hon Richard Marles, Deputy Prime Minister of Australia and Minister for Defence, has visited the brand new DroneShield Sydney facility in mid June.
DroneShield was included into the Australian Authorities’s Ukraine support bundle in late 2023, contributing its quickly deployable C-UAS sensors and effectors, and was roughly half of the full bundle quantity on the time ($10m out of the $20m complete). Its merchandise are continued for use on the frontlines in Ukraine to cease Russian drones, in addition to a substantive variety of different areas globally.
The Firm has moved into the brand new and considerably enlarged premises earlier this 12 months, with the power at the moment internet hosting roughly 130 employees, together with over 100 engineers, in addition to operations, enterprise and company groups. With a bigger personal manufacturing ground mixed with rising outsourced manufacturing capability, DroneShield has a present manufacturing capability of roughly $400m each year. All of DroneShield’s R&D and manufacturing is completed in Australia.
Hon Richard Marles, Deputy Prime Minister of Australia and Minister for Defence, commented: “DroneShield is an instance of an Australian high-tech success story, with world-class leading edge native R&D and manufacturing, and rising exports around the globe, with deal with the US.”
Oleg Vornik, DroneShield CEO, commented: “During the last 10 years, DroneShield has turn out to be a worldwide chief in AI-powered C-UAS options. Critically within the present geopolitical atmosphere, it’s also a big sovereign producer. We’re happy to have had a chance to temporary the Deputy Prime Minister on our operations, and look ahead persevering with to help Australia and its allies with our superior applied sciences.”
