tiprankstipranks
Delta Drone’s RocketDNA Secures Funds for Expansion
Company Announcements

Delta Drone’s RocketDNA Secures Funds for Expansion

Delta Drone International Ltd (AU:RKT) has released an update.

Don't Miss our Black Friday Offers:

Delta Drone International Ltd, operating as RocketDNA, is bolstering its financial position and strategic expansion by raising $2.5 million through a share placement, complemented by a $500k Share Purchase Plan. The capital will enhance the production of xBot® drones and accelerate the development of their Drone as First Responder program, targeting growth in the mining, security, and public safety sectors. This move positions RocketDNA to reduce debt and capture larger contracts, strengthening its market presence.

For further insights into AU:RKT stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App