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DroneShield delivers another record revenue year backed by two $11M orders

DroneShield delivers another record revenue year backed by two $11M orders

DroneShield Ltd (ASX:DRO, OTC:DRSHF) CEO Oleg Vomik sits down with Proactive's Tom Warner to discuss the company's record revenue year. DroneShield, the ASX's only drone defence company has reported a revenue increase by approximately 60% to $16.9 million backed by two recent $11 million orders from separate government customers with further record sized orders expected. DRO has also significantly narrowed its net loss by 82%, to $949,000. The company's technology is expected to be rolled out across US bases following a Department of Defense recommendation.

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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
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