Drone Shield to enter Middle East markets

Australian anti-drone security company, DroneShield (ASX: DRO) has signed a memorandum of understanding with Saudi Arabia’s Public Telecommunication Co to enter Middle East markets. Public Telecommunication’s STC Specialized group, which is ‘guided’ by the Saudi government to partner with leading foreign companies, has added DroneShield to its partner list. The company said in a statement:…

Would an Australian merchant fleet help manufacturing?

Analysis by Peter Roberts If the ALP is elected at the upcoming national poll, as seems likely, Australia just may see the revival of Australian-owned shipping. Opposition leader, Bill Shorten has promised to re-develop maritime skills training, establish an investigative task force, and develop a core, privately-owned, Australian ‘strategic fleet’. Made up of perhaps a…