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The latest update is out from DroneShield Limited ( (AU:DRO) ).
DroneShield Limited has secured a $25.3 million contract from a reseller in Latin America, intended for a government defense end customer. This contract, expected to be fulfilled by Q1 2026, marks a significant increase in business from this region, where DroneShield has previously received orders totaling $2.9 million. The deal underscores DroneShield’s growing presence in the Latin American market, positioning it as a preferred provider of counter-UAS systems amid rising demand for drone defense solutions.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$4.50 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
More about DroneShield Limited
DroneShield Limited (ASX:DRO) is a company that provides Artificial Intelligence-based platforms for protection against advanced threats such as drones and autonomous systems. The company offers bespoke counter-drone (or counter-UAS) and electronic warfare solutions, along with off-the-shelf products designed for various platforms including terrestrial, maritime, and airborne. Its clientele includes military, intelligence communities, government, law enforcement, critical infrastructure, and airports.
YTD Price Performance: 400.65%
Average Trading Volume: 17,438,920
Technical Sentiment Signal: Buy
Current Market Cap: A$3.35B
Learn more about DRO stock on TipRanks’ Stock Analysis page.