DroneShield hits back at critics, raises $120 million

Drone Detection and countermeasure manufacturer DroneShield (DRO) has replied to its critics emphatically with the successful completion of its approximately $120 million fully underwritten placement at a price of $1.15 per New Share. DroneShield shares have come under pressure with the latest raising, and a placement that raised $75 million in April, confirming strong institutional…

DroneShield system ordered to protect VIP convoys

Drone detection and countermeasure manufacturer DroneShield has received an order of $4.7 million from a new non-government Swiss international customer to provide multiple vehicle-based counterdrone (C-UxS) systems. The vehicle-based solution offers a C-UxS platform that can be operated in both static and On-The-Move (OTM) missions for convoy and mobile VIP protection, according to the company.…

DroneShield triples capacity with new site

DroneShield has officially opened a new headquarters at Pyrmont, in Sydney’s inner-city, where the drone countermeasures company says it has tripled its R&D and manufacturing capacity. In a statement on Tuesday, DroneShield said the facility hosts its team of 120 and has headroom to produce “$400 million in hardware and software per year”. The new…

DroneShield looks to Europe with NATO procurement

Drone detection and countermeasure manufacturer DroneShield can look forward to greater opportunities selling to European militaries following an approval from the NATO Support and Procurement Agency (NSPA). The approval awarded via COBBS BELUX BV, DroneShield’s in-country Belgium and Luxembourg partner, is the first Counter-small UAS procurement framework agreement in NATO history. The initial agreement is…

DroneShield R&D to beat anti-drone electronic jamming

Drone detection and countermeasure manufacturer DroneShield has been awarded a $900,000 R&D contract from a Five-Eyes government to respond to increases in electronic jamming including potentially on the battlefields of Ukraine. The contract aims to leverage the potential of the DroneSentry-X Mk2 and aims to provide a set of software tools to enhance end-user capabilities…

DroneShield’s DroneCannon features in Agile Shield

Drone detection and countermeasure company DroneShield has announced that one of its key products has been integrated into defence prime contractor Lockheed Martin Australia’s Agile Shield battlefield management programme. The incorporation of the company’s DroneCannon Mk2 wide area non-kinetic effector (pictured) was announced as part of a collaboration with LMA’s Science, Technology, Engineering, Leadership and…