DroneShield (AX:DRO) receives $1.1 million order from a Five Eyes government - Sequoia Direct

07AprApril 7, 2021

DroneShield (AX:DRO) receives $1.1 million order from a Five Eyes government

[videojs_hls url=’//du7x25at22z7c.cloudfront.net/338264/index_HLSv3.m3u8′ poster=’http://www.finnewsnetwork.com.au/newssystem/2021/Headlines05_360_210407.jpg’]

UAS (unmanned aerial systems) technology developer DroneShield (ASX:DRO) has secured another government contract to provide drone security solutions to one of the Five Eyes countries (United States, Canada, Australia, the United Kingdom, and New Zealand).

The reportedly high-profile customer has placed an order estimated at $1.1 million, as a follow-up from previous collaborations with DroneShield (ASX:DRO). The deal happened right on the back of a US law enforcement agency’s purchase of a mobile system of UAS detection sensors.

Shares in DroneShield (ASX:DRO) are trading 6.25 per cent higher at 17 cents.

Copyright 2021 – Finance News Network

Source: Finance News Network

Related Posts

22MarMarch 22, 2021

ANZ (ASX:ANZ) settles rate-rigging dispute without admission of liability

22 Mar 2021 - ANZ (ASX:ANZ has reached an agreement to settle a class action filed against two of Australia’s big four banks for alleged rate rigging.

15AprApril 15, 2020

Genetic Signatures (ASX:GSS) sees registration for SARS-CoV-2 detection kit

14 Apr 2020 - Genetic Signatures (ASX:GSS) has received notice from the Therapeutic Goods Administration (“TGA”) that its EasyScreenTM SARS-CoV-2 Detection Kit has been approved to be listed on the ARTG in Australia.

11JunJune 11, 2020

Nickel Mines (ASX:NIC) completion of retail entitlement offer

11 Jun 2020 - Nickel Mines (ASX:NIC) raised approximately $179 million at $0.50 per New Share in their institutional component of the Entitlement Offer.

30JulJuly 30, 2021

Stocks of the Hour: NAB, Origin Energy & PointsBet

30 July 2021 - A snapshot of some of the news that broke today, featuring NAB (ASX:NAB), Origin Energy (ASX:ORG) & PointsBet (ASX:PBH).

11JulJuly 11, 2022

Stocks of the Hour: Anson Resources, RPM Automotive, ImpediMed, Galileo Mining

11 Jul 2022 - A snapshot of the stocks on the move featuring, Anson Resources (ASX:ASN), RPM Automotive Group (ASX:RPM), ImpediMed (ASX:IPD), and Galileo Mining (ASX:GAL).

25AugAugust 25, 2020

Cooper Energy (ASX:COE) to writedown $108 million

25 Aug 2020 - Cooper Energy (ASX:COE) will writedown the value of its assets by $108 million (before tax).

06DecDecember 6, 2024

Hot Stocks: Northern Star Resources, Hazer Group, INOVIQ

06 Dec 2024 - A snapshot of the stocks on the move, featuring Northern Star Resources (ASX:NST), GQG Partners (ASX:GQG), Hazer Group (ASX:HZR), INOVIQ (ASX:IIQ) and HMC Capital (ASX:HMC).

30AugAugust 30, 2019

Macmahon Holdings due to resolve Telfer dispute

30 Aug 2019 - Macmahon Holdings (ASX:MAH) has delivered statutory net profit after tax of $46.1 million, up from last year's $33.2 million.

11DecDecember 11, 2019

Calix (ASX:CXL) buys IER, a US supplier of Magnesion Hydroxide Liquid

12 Dec 2019 - Calix (ASX:CXL) has acquired Inland Environmental Resources Inc., a US supplier of Magnesium Hydroxide Liquid (MHL).

11SepSeptember 11, 2019

BluGlass enters JV with Bridgelux in the US

11 Sep 2019 - Semiconductor technology developer BluGlass (ASX:BLG) has entered into a Joint Development Agreement with leading US based LED company, Bridgelux.