DroneShield today released the following ASX announcement:
DroneShield Ltd is proud to announce that it has won the Australian Department of Defense tender for portable unmanned aerial systems (drones).
DroneShield won the contract after an open tender process. The contract has a volume of AUD 700,000 and consists of an initial purchase price and an annual subscriber component. DroneShield is expected to ship the products during 2019.
Oleg Vornik, CEO of DroneShield, commented: “DroneShield’s RfPatrolTM is the world’s leading handheld drone detection device, designed and manufactured here in Australia. We look forward to the protection of the Australian military and look forward to continuing our relationship with the Australian Department of Defense.