2017 AGM Presentation
Sydney, April 26, 2017 AEST (ABN Newswire) - DroneShield Ltd (
ASX:DRO) (DRSHF:OTCMKTS) is pleased to provide the Company's 2017 AGM Presentation titled "Drone security systems - A first-mover in a nascent global industry".
CEO AND MANAGING DIRECTOR OVERVIEW
- Strong business momentum continues.
o DroneGun, WideAlert and FarAlertlaunches.
o DroneSentry and other products in the pipeline, responding to urgent customer needs.
o Use of nefarious drones continues to increase.
- DroneShield maintains its position as the leader in drone countermeasures globally.
o Currently participating in a number of government procurement processes.
o Continues to grow and strengthen the global distributor network in over 50 countries.
- Strong interest from customers, media and other stakeholders.
o Recent sales include, among others, installations at: Turkey Prime Ministry and a national security agency of an Asian country, as well as a sale of a test unit to the Defence Ministry of a Middle Eastern country.
o DroneShield continues to feature in the media -NBC, Fox, CBS, Reuters and others.
o One of the winners of the Westpac Businesses of Tomorrow Award in early April.
COMPANY OVERVIEW
Global Leader in Drone Security Technology
- Anestablished player in the market; U.S. and international sales commenced in 2014
- Sells both drone detection and drone countermeasure products
- Effective, passive and cost-effective acoustic detection technology (up to 1km range)
- Countermeasures -universal RF and GPS jamming
- No export restrictions and the detection product is legal for any type of customer
- An experienced board and management team
Limited Competition
- A large number of recent entrants into the drone security market, however competition is largely "vapourware" -development concept or prototype phase only
- Defence "primes" offer a substantially more expensive product and are often ITAR/export controlled, limiting their customer reach
- DroneShield's are stand-alone products, affordable by government and commercial users
- Also able to "sub-contract" to defense primes as the unique technology (acoustics) complements their technology, which is typically radar, RF or camera
Large Market
- Significant and fast growing consumer and commercial drone industry is creating a need for drone security products
- Frequency of incidents accelerating by day
- ISIS weaponising drones to conduct terrorism in Middle East, as well as utilizing drones to film terrorist acts more generally
- Hundreds of thousands of potential customer installations, with a US$12 billion+ addressable market
Unique Exposure to Drone Security Sector
- DroneShield is one of only two pure-play publicly listed companies globallyin the drone security space
HighProfile Customer Relations and Extensive Pipeline
- Recent detection product sales includedTurkey Prime Minister's Office and a national security agency of a major Asian country
- Recent countermeasure product revenues from Swiss police (protecting the 2017 World Economic Forum in Davos) and a multi-hundred million dollar maritime asset
- Third year working with Boston Police Department protecting Boston Marathon
Boardand Advisory Board Calibre
- U.S. and allied defence market are one of the key markets going forward
- U.S. Navy Admiral Jay Cohen (Ret) (DroneShield's Advisory Board), former Chief of Naval Research (Chief Technology Officer) of the United States Department of the Navy, and United States Department of Homeland Security Undersecretary for Science and Technology,has been reported to have met with the then President-Elect Donald Trump and his transition team at the Trump Tower on December 2, 2016 (in his personal capacity)
- Dr Samantha Ravich (DroneShield's Board of Directors) held a number of key positions previously including former Deputy National Security Advisor to Vice-President Cheney
- Former Australian Minister for Defence and U.K. Head of Land Army both Advisory Board Members
Substantial Media CoverageReinforcing Brand Leadership
- DroneGun appearing on the NBC's Today show a day ahead of presidential inauguration
- DroneGun launch at the end of 2016 -hundreds of media articles on DroneShield and DroneGun published globally
- DroneShield's promotional video received over 1.3 million views within first month
To view the full presentation, please visit:
http://abnnewswire.net/lnk/1BPCBA01
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.
.
| ||
|
