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Extraordinary Growth From Droneshield

Extraordinary Growth From Droneshield.

Extraordinary Growth From Droneshield

Extraordinary Growth From Droneshield – Australian technology developer Droneshield continues to enjoy extraordinary growth on the back of airport and prison security applications, as well as the drone threats exposed by Russia’s invasion of Ukraine.

The company has announced a pair of $11 million orders from unnamed government agencies, one in December and the other in January, each of which were greater than the companies 2021 revenue. While the government departments have not been named, Droneshield’s primary buyers are defence and law enforcement.

DroneShield has won over $A6 million in contracts with the Australian Department of Defence since 2019, a figure that’s dwarfed by its recent contract wins.

Extraordinary Growth From Droneshield
DroneShield

DroneShield counter-measures have also been deployed at 1 unnamed Australian international airport, though a spokesperson for AirServices Australia was reported by ABC as saying “the latest-generation detection capabilities that combine radiofrequency, radar, and optical solutions” were being trialled at Sydney Airport.

Last October the US Department of Defence recommended DroneShield become part of its solution to counter threats from unmanned aircraft systems. The recommendation is a suggests there’s considerably more growth to come for the Sydney-based company.

According to DroneShield’s Oleg Vornick, the company’s anti-drone guns use the jamming method.

“The device sends a burst of radio frequency signal that overwhelms the drone, so that it lands itself or returns to its controller,” Vornick said.

More news at SEN.

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