DroneShield Ltd (ASX:DRO) (DroneShield or the Firm) is happy to advise that Hon Richard Marles, Deputy Prime Minister of Australia and Minister for Defence, has visited the brand new DroneShield Sydney facility in mid June.
DroneShield was included into the Australian Authorities’s Ukraine support bundle in late 2023, contributing its quickly deployable C-UAS sensors and effectors, and was roughly half of the full bundle quantity on the time ($10m out of the $20m whole). Its merchandise are continued for use on the frontlines in Ukraine to cease Russian drones, in addition to a substantive variety of different places globally.
The Firm has moved into the brand new and considerably enlarged premises earlier this yr, with the ability at the moment internet hosting roughly 130 workers, together with over 100 engineers, in addition to operations, enterprise and company groups. With a bigger personal manufacturing flooring mixed with rising outsourced manufacturing capability, DroneShield has a present manufacturing capability of roughly $400m each year. All of DroneShield’s R&D and manufacturing is completed in Australia.
Hon Richard Marles, Deputy Prime Minister of Australia and Minister for Defence, commented: “DroneShield is an example of an Australian high-tech success story, with world-class cutting edge local R&D and manufacturing, and growing exports around the world, with focus on the US.”
Oleg Vornik, DroneShield CEO, commented: “Over the last 10 years, DroneShield has become a global leader in AI-powered C-UAS solutions. Critically in the current geopolitical environment, it is also a significant sovereign manufacturer. We are pleased to have had an opportunity to brief the Deputy Prime Minister on our operations, and look forward continuing to support Australia and its allies with our advanced technologies.”