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 client for its counter-drone systems, with delivery set over the next three months. This deal marks their first substantial agreement with this customer, despite having previously completed smaller contracts amounting to $3.9 million. The contract reflects growing demand for DroneShield’s advanced security solutions as global drone threats escalate.
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