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DroneShield Limited Lands a $9.9 Million Contract with Department of Defence — ASX:DRO| ASX Mining News & Discussion
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Lykeshares Official
$DRO DroneShield Limited Lands a $9.9 Million Contract with Department of Defence
DroneShield Limited, a leader in the unmanned aerial systems (UAS) sector, has recently obtained a lucrative $9.9 million R&D contract from the Department of Defence (DoD). The contract is set to offer around $4.5 million of funding for each of the September and December quarters in 2023.

Renowned for developing and manufacturing AI-enabled multi-sensor drone detection and mitigation systems, DroneShield provides extensive security solutions. Their offerings are designed to safeguard clients from a variety of security threats emerging due to drone misuse.

This significant investment by the DoD testifies to the trust placed in DroneShield's cutting-edge drone detection and mitigation solutions. This contract is projected to noticeably boost the company's revenue, thereby fortifying DroneShield's capacity to escalate its research and development endeavours to keep a competitive edge within the market.

The successful procurement of this contract reinforces DroneShield's position at the forefront of the expanding drone technology and countermeasure market. Moreover, this collaboration ...
DroneShield Limited Lands a $9.9 Million Contract with Department of Defence

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?