DroneShield Ltd (ASX:DRO) has received approval from the U.S. government for a $3.2 million order for 70 DroneGun Tacticals for use by a Middle Eastern ministry of defence.
This approval is for the largest order for DroneShield’s products to date, and for the largest known order for tactical drone mitigatioin products globally in the short history of the drone security industry.
For clarity, only some of DroneShield’s potential orders require such approval. Sales of the company’s restricted products to a number of countries allied with the United States do not require such approval.
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DroneGun Tactical provides a safe countermeasure against a wide range of drone models.
It allows for a controlled management of drone payload such as explosives, with no damage to the drone or the surrounding environment.
Control buttons on DroneGun Tactical
DroneShield has already received a deposit in relation to the Middle Eastern order and is currently in the process of manufacturing the products for the order.
The company is expecting to deliver the first batch of DroneGuns to the customer by the end of September.
DroneShield chief executive officer Oleg Vornik said: “This regulatory approval represents an important step in DroneShield’s history with a green light to deliver on our first multi-million dollar order.
“With the company’s near-term pipeline containing multiple multi-million dollar potential orders, this clearance gives us and our customers the confidence that we will be able to deliver our industry-leading products to a wide range of qualified end-users.”