Stock Track | DroneShield Soars 5.96% Intraday on Strategic Collaboration Deal with Terma

Stock Track

05/04

DroneShield Ltd's stock soared 5.96% during intraday trading on Monday, following the announcement of a strategic collaboration agreement.

The company signed a memorandum of understanding with aerospace firm Terma to advance layered counter-unmanned aerial systems capabilities. The collaboration includes artificial intelligence-enabled UAS detection, electronic warfare systems, and command-and-control software, aiming to build interoperability and operationalize complementary counter-UAS solutions.

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