Australian counter-drone company DroneShield has received a significant investment from the US Department of Defense (DoD).
The funding is intended for the development of its DroneShieldComplete platform, a command-and-control system.
It provides real-time alerting, tracking and reporting information for native DroneShield as well as third-party sensors.
The section of the DoD which has awarded the contract is a new customer for DroneShield. The funding was awarded through a sole source contract.
The DoD is working with DroneShield, providing funding for an agreed list of feature enhancements.
After that period it is expected to make a number of purchases of DroneShield products.
Oleg Vornik, DroneShield CEO, commented: “We are proud to be working with the United States Department of Defense, one of the most demanding defence customers globally, on this project to ensure our DroneShieldCompleteTM C2 stays at the cutting edge of customer requirements.
“Further, this project underscores our leadership not only as a product/sensor manufacturer, but also as an integrator of fixed-site and mobile C-UAS systems.
“This contract is a material milestone in cementing our close working relationship with the largest defence customer globally.
“In addition to expected purchases associated with this paid development contract, further orders for other DroneShield solutions are expected as part of developing a trusted supplier relationship with this customer.”
News also emerged yesterday that DroneShield had closed its share purchase plan after falling short of its target. Read more below: