DroneShield Shares Hit All-Time High Amid Recent AU$13 Million New Production Facility Investment

MT Newswires Live

2025/07/16

DroneShield (ASX:DRO) shares rose nearly 9% in recent Wednesday trade to reach its all-time high after the company said on Monday it has decided to invest over AU$13 million in a new production facility in Sydney, set to open in December.

Also, the company last week said it has secured a two-year AU$11.7 million follow-on research and development contract from an unidentified Five Eyes Department of Defense customer.

The stock has gained 436% year-to-date and 98% since July 2024.

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