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DroneShield Limited ( (AU:DRO) ) has issued an announcement.
JPMorgan Chase & Co. and its affiliates have become substantial holders in DroneShield Limited as of January 16, 2025, acquiring a 5.06% voting power through various securities and lending agreements. This development indicates a significant investment move by a major financial entity, potentially strengthening DroneShield’s market position and signaling confidence in its growth prospects.
More about DroneShield Limited
DroneShield Limited operates in the defense and security industry, providing advanced solutions for drone detection and mitigation. The company focuses on developing cutting-edge technologies to protect against unauthorized drones in various sectors including military, law enforcement, and civilian infrastructure.
YTD Price Performance: -9.87%
Average Trading Volume: 115,938
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $373.6M
Learn more about DRO stock on TipRanks’ Stock Analysis page.