DroneShield Wins AU$11.7 Million R&D Contract With Repeat Customer; Shares Hit All- Time High

MT Newswires Live

2025/07/08

DroneShield (ASX:DRO) has secured a two-year AU$11.7 million follow-on research and development contract from an unidentified Five Eyes Department of Defense customer, according to a Tuesday filing with the Australian bourse.

The company said the customer's identity will not have a material effect on its share price or valuation.

Shares of the company rose 5% in recent Tuesday trade and earlier hit a new all-time high.

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