DroneShield
DroneShield Limited received a package of three standalone contracts for its handheld and on-the-move counter-drone systems. The contract sum is $9.7 million, with DroneShield’s privately owned in-country reseller that is contractually required to distribute the products to a defense end customer in a LATAM country. DroneShield expects to deliver all equipment throughout Q3 and Q4 2025, with cash payment expected in Q3 and Q4 2025. No additional material conditions need to be satisfied.
DroneShield has previously received two standalone contracts from this reseller for this defense customer in December 2024 and January 2025 totaling approximately $10.8 million, with all imports, deliveries, and payments handled on-time and in a highly professional manner. There is no obligation for any additional contracts from this reseller or the customer.
“In 2025, DroneShield has successfully delivered products, capability, and training into the Latin American market,” says Oleg Vornik, DroneShield CEO. “With a substantial pipeline, diversified over multiple countries and customers, DroneShield is anticipating further developments in 2025 in this region.”
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