Drone countermeasures company DroneShield has promoted its software engineering team leader Angus Harris to CTO, with Chief Product & Technology Officer Angus Bean moving into the role of Chief Product Officer. According to a statement from DroneShield, which recently became an ASX200 company, Harris’s appointment reflected the company’s “continued growth and organisational maturity” as it…
Counter-drone business DroneShield has said it will invest $13 million in a new R&D facility at Adelaide, which is expected to initially employ 20 in engineering roles. The site will be headed up by former Lockheed Martin Australia Hardware Engineering manager Jeff Wojtiuk (pictured), who is also an Adjunct Professor at University of Adelaide and…
Counter-drone business DroneShield has reached another milestone, joining the ranks of the S&P/ASX 200 Index. According to a statement from the company on Monday morning, the inclusion in the index is effective prior to market open on September 22, and “marks DroneShield’s continued rise as a global defence technology leader”. It places the company as…
DroneShield announced on Monday a $13 million investment in a significant research and development and manufacturing capacity expansion, including new dedicated production space three times the size of its current facility. The company will establish a new 3,000 square metre production facility in Sydney’s Alexandria, with an expected opening in December 2025. It will also…
Counter-drone business DroneShield has announced three standalone follow-on contracts, worth a total of $61.6, representing “the biggest single order” in its history and topping its entire revenue of $57.5 million for 2024. According to a statement from the company on Wednesday, the contracts were from its privately owned in-country European reseller, to be distributed to…
Counter-drone company DroneShield has been selected by an unnamed Australian law enforcement agency to deliver a contract worth “over $1 million”, which it said is part of “a broader initiative to moderni[s]e law enforcement tools” and address the growing risks posed by unauthorised drone activity. DroneShield makes products involved in spotting and disabling unnamed aerial…
Andrew Reeves to retire from Inghams as CEO and MD Inghams Group has announced that its Chief Executive Officer and Managing Director Andrew Reeves (pictured) will retire from the role in mid-2025, to be replaced by the CEO of its New Zealand business, Edward Alexander. The Chair of Inghams, Helen Nash, said: “Andrew has done…
Drone detection and countermeasure manufacturer DroneShield announced an $8.2 million repeat order this morning from a European defence customer. However, trading in the company’s shares on the ASX was then paused, pending a further announcement. DroneShield said that delivery of the latest order to a major European government agency was expected in the next three…
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…
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.…