DroneShield announced it has received a contract for $49.6 million from an in-region European reseller that is contractually required to distribute the products to a European military end-customer. The contract is for handheld counter-drone systems, associated accessories, and software updates.
DroneShield has a large portion of this stock on-the-shelf and expects to complete all deliveries in Q1 2026. Cash payments are also expected to be fully received in Q1 2026. No additional material conditions need to be satisfied.
DroneShield is an Australian publicly listed company with headquarters in Sydney, Australia and Warrenton, Virginia. DroneShield provides counter-drone (CUAS) protection, focusing on Radio Frequency (RF) sensing, Artificial Intelligence (AI) and Machine Learning (ML), Sensor Fusion, Electronic Warfare (EW), Rapid Prototyping, and MIL-SPEC manufacturing. DroneShield’s capabilities are used to protect military, government, law enforcement, critical infrastructure, commercial and VIP security, throughout the world.
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