DroneShield Announces New Contract, Record Results

Counter drone tech is one of the fastest growing segments in the drone industry.  One of the biggest players in the counter drone field, DroneShield Ltd (ASX:DRO), has announced a new contract with the United States Air Force to deploy multiple units of DroneShield’s DroneSentryTM integrated detect-and-defeat counterdrone (C-UAS) system at North Dakota’s Grand Forks Air Force airbase.  The initial deployment is only a start: the contract provides an option to acquire additional systems.

Oleg Vornik, DroneShield’s CEO, commented, “DroneShield was selected because our technology leverages Artificial Intelligence software and tracking/defeat automation that solves the 319th SFS problem statement (i.e. the requirements provided to the bidders on the contract) with little to no impact on manning.

This is DroneShield’s first U.S. Air Force deployment. We are immensely proud that the U.S. Air Force, one of the most demanding customers in the world, chose to deploy DroneShield’s flagship, fixed site detect-and-defeat system, incorporating our new RfOne MKIITM sensors. The USAF has a substantial requirement for the protection of its bases, in the US and forward deployments, and we look forward to continuing to support the service members and the expanded rollout of our solutions for their protection. In addition to our other recent work for the US military and government sector, a key market for us, the need for DroneShield’s industry-leading Counter-UAS solutions is expected to grow rapidly as global tensions continue to increase and the drone threat proliferates.”

Counter drone tech is being implemented all over the world as governments, airports, and critical infrastructure hurry to set up infrastructure that will protect their sites from unwanted drones.  It’s been good for companies like DroneShield, who last week announced record quarterly results.   This last quarter was DroneShield’s “first approximately breakeven operating quarter,” assisted by a substantial increase in U.S. government business.  In addition to the Air Force contract, DroneShield is deploying the DroneSentry system for the US Department of Defense.

 

Miriam McNabb is the Editor-in-Chief of DRONELIFE and CEO of JobForDrones, a professional drone services marketplace, and a fascinated observer of the emerging drone industry and the regulatory environment for drones. Miriam has penned over 3,000 articles focused on the commercial drone space and is an international speaker and recognized figure in the industry.  Miriam has a degree from the University of Chicago and over 20 years of experience in high tech sales and marketing for new technologies.
For drone industry consulting or writing, Email Miriam.

TWITTER:@spaldingbarker

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https://dronelife.com/2020/07/23/counter-drone-tech-continues-to-soar-droneshield-announces-new-contract-record-results/

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