DroneShield (ASX:DRO) drones, AI & defence dollars: Inside battlefield boom & $61M military strike

DroneShield Limited (ASX:DRO) provides cutting edge AI-powered hardware and software solutions designed to detect, track, and defeat unmanned threats from drones and autonomous systems used by terrorists, criminals, and other ‘unfriendlies’. DroneShield’s customers include military, intelligence community, government, law enforcement, critical infrastructure, and airports. This year alone DroneShield’s stock has soared almost 400% and hit record highs. DroneShield’s CEO and Managing Director Oleg Vornik joins Lel Smits on The Stock Network.

1. Implications of Australian Defence Force contracts award
DroneShield has just shared Hon Pat Conroy MP, Minister for Defence Industry, has awarded an initial LAND156 contract award $ to supply handheld counter-drone equipment to the Australian Defence Force: What funds will DroneShield receive and what’s the significance of this award?

2. Recent commitment to increased R&D + manufacturing investment
DroneShield recently unveiled plans to invest $13 million in a significant R&D, research and development and manufacturing capacity expansion. What kind of return on investment are you expecting and how soon will it be reflected on your balance sheet?

3. Ramifications of recent large European military order
Just last month, DroneShield won a record $61.6 million European military contract, your biggest ever. How does this order also show military customers are moving from testing to actually rolling it out to ‘in the field’ situations, and do you expect for this to continue?

4. Broader ramifications of increased global tensions
Current conflicts around the world clearly indicate that drones are cheaply and effectively disrupting the way modern warfare is conducted. How can AI add to drones’ military-specific effectiveness, and what’s the financial upside to DroneShield from these trends?

5. After a 400% share price surge, what’s left in the tank
DroneShield’s stock has already soared nearly 400% this year and hit record highs — with that kind of run, many investors are wondering: how much more upside is left? What’s the next catalyst that could push the share price even higher from here?
_ _ _

Subscribe to TSN's YouTube channel for the latest stock content:    / @thestocknetwork  
_ _ _

Follow TSN for the latest stock news and interviews:
Twitter:   / thestocknet  
Instagram:   / thestocknetwork  
LinkedIn:   / the-stock-network  
TikTok: https://www.tiktok.com/@thestocknet?l...
Facebook:   / thestocknet  

_ _ _
Connect with our host Lel Smits online - @LelSmits
Twitter / X:   / lelsmits  
Instagram:   / lelsmits  
LinkedIn:   / leldesmits  
TikTok: https://www.tiktok.com/@lelsmits?lang=en
Facebook:   / lelsmits  
Threads: https://www.threads.net/@lelsmits
_ _ _

Disclaimer
The material contained in this post is general in nature only and does not constitute personal financial or legal advice. None of our material should be regarded as advice and you should not rely on any of the content of this post without first obtaining specific professional advice. We give no warranty to the accuracy, reliability or completeness of information that is contained in this post and exclude liability for any loss.

This post may contain views and opinions which are those of the authors and do not necessarily reflect the official policy or position of any other author, agency, organisation, employer or company. We are not liable for any comment published by users and reserve the right to delete any comment for any reason whatsoever. We have commercial relationships with some of our contributors, and we may receive payment or other benefits from this post. Please see The Stock Network website for our full content disclaimer.

_ _ _

Visit TSN's website to sign up for regular stock updates: www.thestocknetwork.com.au
_ _ _