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DroneShield Secures Major European Military Contract
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DroneShield Secures Major European Military Contract

DroneShield Limited (AU:DRO) has released an update.

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DroneShield Limited has secured a significant $8.2 million contract from a European military customer for its advanced counter-drone systems, marking a strong endorsement of its technology. This repeat order highlights the growing demand for comprehensive anti-drone solutions amid increasing aerial threats. The company plans to deliver the systems within three months, with full payment expected in early 2025.

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

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