DroneShield Limited ( (AU:DRO) ) has shared an announcement.
DroneShield Limited has reported significant revenue growth, with sales increasing from less than $1 million in 2018 to $57.5 million in 2024. This growth is attributed to strategic investments aimed at scaling operations and enhancing cost management, positioning the company for continued expansion in the C-UxS market.
More about DroneShield Limited
DroneShield Limited operates in the defense and security industry, specializing in counter-unmanned aerial systems (C-UxS) technology. The company focuses on developing and deploying advanced solutions for detecting and neutralizing drone threats, catering primarily to military, law enforcement, and critical infrastructure sectors.
YTD Price Performance: 5.15%
Average Trading Volume: 182,170
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $444.5M
For a thorough assessment of DRO stock, go to TipRanks’ Stock Analysis page.