
DroneShield has received a set of three separate contracts totalling AUD11.8 million from an in-country reseller for delivery to a military end customer in an Asian Pacific country, to counter the Chinese drone threat.
The reseller is a wholly-owned subsidiary of a multi-billion dollar, global, publicly listed customer that is contractually required to distribute the products to a major Asia Pacific military government department.
The systems are for both vehicle-mounted and fixed Counter-UxS systems. DroneShield expects to deliver all equipment and receive full payment in this quarter. No additional material conditions need to be satisfied.
DroneShield has previously received four standalone contracts from this reseller for this customer between May 2024 and September 2024 totalling around AUD500,000. There is no obligation for any additional contracts from this customer.
“In close succession to the European repeat order announced on December 5, 2024, and the LATAM order announced on January 6, 2025, DroneShield products are again meeting the challenge set by a highly sophisticated military customer in the Asia Pacific region and a close military ally of Australia,” said CEO Oleg Vornik. “The scale and frequency of orders has been increasing as leading military customers are moving from testing hardware to broader roll-outs. DroneShield is rapidly expanding all aspects of the business to meet this demand across multiple regions.”