Order for DroneGuns for Western Governmental Agency
Sydney, Oct 16, 2018 AEST (ABN Newswire) - DroneShield Ltd (
ASX:DRO) (DRSHF:OTCMKTS) ("DroneShield" or the "Company") is pleased to announce that its distributor CDS has purchased two units of its DroneGun(TM) product, for use by a governmental agency of a major Western country allied with the United States, to be deployed by the agency for drone threat mitigation.
Oleg Vornik, DroneShield's CEO, commented "While financially the revenue from this order to the overall DroneShield business is immaterial, this is now our third order for use by a major country in two weeks, following the orders placed by our distributors with us for their Latin American and Asian governmental endusers earlier this month. This order also follows a recent $3.2 million order for DroneGuns(TM) for use by a Middle Eastern Ministry of Defence, which was approved by the US regulator approximately three weeks ago. We feel that our global distribution network and marketing build-out efforts of the recent year and a half have started to pay off, and our sales and adoption momentum is gaining substantial traction. We look forward to updating the market as further sales "dominoes" fall in the coming weeks and months."
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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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