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The latest update is out from DroneShield Limited ( (AU:DRO) ).
DroneShield Limited has announced that its DroneSentry solution has been recognized by the UK’s National Protective Security Authority (NPSA), marking a significant endorsement of its quality and performance. This recognition comes at a crucial time of increasing drone incidents across Europe, highlighting the growing demand for effective counter-drone solutions. The DroneSentry system, which integrates an AI-enabled command-and-control engine, is available exclusively through BT in the UK and is expected to see material sales growth as the need for such technologies rises.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$3.60 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 operates in the defense and security industry, specializing in counter-drone solutions. The company’s primary products include the DroneSentry solution, which is a multi-layered counter-drone system. DroneShield focuses on providing advanced security solutions to protect against drone threats, with a market presence in Europe, Asia Pacific, the US, South America, and Australia.
YTD Price Performance: 731.37%
Average Trading Volume: 19,667,277
Technical Sentiment Signal: Buy
Current Market Cap: A$5.56B
For an in-depth examination of DRO stock, go to TipRanks’ Overview page.