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DroneShield Completes $40 million Capital Raise with Substantial Investor Support

SYDNEY, March 8, 2023 /PRNewswire/ -- DroneShield Ltd(ASX:DRO) (DroneShield or the Company) is pleased to announce the successful completion of its Share Purchase Plan (SPP), which follows the $10.9 million Placement, completed on 6 February. The SPP generated significant support from DroneShield's existing shareholders and substantially exceeded the $3 million the Company targeted via the SPP. DroneShield received SPP applications of $29.4 million at an issue price of $0.30 per Share. Given...
New South Wales Oleg Vornik Prnewswire Droneshield Ltd Shield Ltd Share Purchase Plan Artificial Intelligence

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DroneShield Announces A Second $11 million Sale, Strong Momentum into 2023

SYDNEY, Jan. 10, 2023 /PRNewswire/ -- DroneShield Ltd (ASX:DRO) (DroneShield or the Company) is pleased to advise a second record $11 million sale to a Government customer within a month of its first $11 million order, as counterdrone industry continues to rapidly grow and defence and security budgets rise with an increasing uncertainty globally, underscored by the Ukraine war. This performance has continued a strong of record years for the business since its listing in 2016. 2022 and early 2023...
New South Wales United States Oleg Vornik Unmanned Aircraft Systems Office Quantum Research International Prnewswire Droneshield Ltd

DroneShield Announces A Second $11 million Sale, Strong Momentum into 2023

SYDNEY, Jan. 10, 2023 /PRNewswire/ -- DroneShield Ltd (ASX:DRO) (DroneShield or the Company) is pleased to advise a second record $11 million sale to a Government customer within a month of its first $11 million order, as counterdrone industry continues to rapidly grow and defence and security budgets rise with an increasing uncertainty globally, underscored by the Ukraine war. This performance has continued a strong of record years for the business since its listing in 2016. 2022 and early 2023...
New South Wales United States Oleg Vornik Unmanned Aircraft Systems Office Quantum Research International Prnewswire Droneshield Ltd

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