Sydney, Nov 4, 2016 AEST (ABN Newswire) - DroneShield Ltd (
ASX:DRO) (the "Company") is pleased to provide a copy of the presentation delivered by the Company at the Australian Microcap Investment Conference held in Melbourne.
OVERVIEW
- Rapidly Growing Global Consumer Drone Market
- As Drone Numbers Grow, so Do The Threats They Pose
- DroneShield is a Global Leader in Drone Security
- Provides Exposure to the Drone Security Sector
OUR SOLUTION
- Detects drones through real-time alerts and digital evidence collection
- Proprietary software with an extensive & growing audio signature database
-- The signatures are obtained at a US Department of Defense-approved anechoic chamber
- A cost-effective solution in the market, and one of very few available to commercial users in the market globally. Zero capital outlay required.
- Software as a Service (SaaS) pricing model which includes hardware and secures recurring revenue stream for the life of the install.
- Patented system which delivers high detection rates vs other methods.
- Distribution channels focus on third party security providers and hardware distributors
- Proprietary hardware, software, and database of audio signatures
- Excludes false positives (e.g insects, lawn mowers, industrial noises, etc.)
- IDs single & counter-rotating helicopters, quadcopters, hexacopters, octocopters, etc of varying sizes
- Easy integration with existing security systems
DRONESHIELD'S TECHNOLOGY COMPETITIVE ADVANTAGES
- Non-line of Sight Detection
-- Detects drones behind objects
- Nighttime Detection
- Low Flight Detection
-- Trees, buildings and other objects make camera based solutions very difficult vs a blue sky
-- Drones generally fly over prisons very low, barely over the fence lines.
- Detection Range
-- Up to 1km detection vs <100m for a camera
-- Radar is generally "blind" at near distances (sub few hundred meters)
- Effective Coverage Area
-- Camera based systems are limited to their field of view, currently about 120 degrees horizontally and less vertically (often 90 degrees for radar).
-- If the drone is a few meters above their sensor, but outside the field of view, those technologies will not detect it
- Very Limited False Positive Alarms
-- Camera, radar, RF, and thermal based systems tend to have challenges dealing with other moving objects in the air such as birds, insects, leaves and even the clouds which carry water and generate heat signatures in the background
BUSINESS STRATEGY - Go Forward / Next Steps
- Complete the near term sales/marketing and engineering hiring plan
-- Key US sales hire remaining
-- Engineering effort focussed on scaling of the existing technology, and integration with complementary technologies
- Continue customer trials and installations across segments and geographies
- Partnership/acquisitions of complementary technologies for drone detection and countermeasures
-- Countermeasures to be marketed to customers who are legally able to use them
- Continuing relationship development and strategic additions to the global distributor footprint and joint marketing/customer demos
- Continuing scaling and streamlining of the manufacturing processes
- Continuing to position DroneShield as the incumbent in the drone security industry
PROGRESS YEAR TO DATE
February 2016: US patent issued by USPTO - "Drone detection and Classification Methods and Apparatus"
April 2016: DroneShield engaged to protect Boston Marathon for second consecutive year
May 2016: Release of new product system v1.5
May 2016: Release of a new product - Onsite Processor
June 2016: IPO
Jul-Sep 2016: Number of high profile demonstrations in US and Europe
Sep 2016: Key appointments: VP (Product Development), VP (Business Development, APAC), VP (Marketing), Pre-Sales Technical Manager Dedicated Sydney corporate and product development facility established
WHY INVEST IN DRONESHIELD?
- One of only two listed companies in the world providing investor access to the fast growing drone security market
- Significant and fast growing consumer and commercial drone industry is creating a need for drone security products
- Technology company founded by former air & missile defense + US National Intelligence sectors
- SaaS based pricing model
- Drone security is becoming a major political issue around the world, such as current coverage in Australia regarding recent changes in legislation for small drones
- Current drone incidents are generating interest and sales of our solution - the market already exists and will be a $ Billion plus market
- High profile incident (potentially involving loss of human life) is only a matter of time, at which point the drone security industry will explode in size
- DroneShield has an experienced board and management team with a proven records in growing new technology and global businesses
-- DroneShield is uniquely placed to capitalize on this opportunity:
-- Already has product in the market (eg. last 2 years at Boston Marathon)
-- Not competing in the markets already dominated by military suppliers
-- Superior and unique patented technology
-- Already a global market leader in drone security
To view the presentation, please visit:
http://abnnewswire.net/lnk/LK13ZX5H
About DroneShield Ltd
DroneShield Ltd (ASX:DRO) (OTCMKTS:DRSHF) is an Australian publicly listed company with its head office in Sydney and teams in the US and UK. We specialise in RF sensing, Artificial Intelligence and Machine Learning, Sensor Fusion, Electronic Warfare, Rapid Prototyping and MIL-SPEC manufacturing.
Our capabilities are used to protect Military, Government, Law Enforcement, Critical Infrastructure, Commercial and VIPs throughout the world.
Through our team of primarily Australian based engineers - we offer customers bespoke solutions and off-the-shelf products designed to suit a variety of terrestrial, maritime or airborne platforms.
DroneShield is proudly exporting Australian capability to customers throughout the world and supporting Australia's defence, national security and other organisations protect people, critical infrastructure and vital assets.
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