DroneShield Secures Major $9.7 Million Contract in Latin America
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 05 2025
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Source: Business Insider
DroneShield Limited Contract: DroneShield Limited has secured a $9.7 million contract with a major military customer in Latin America, indicating the company's expanding presence and demand for its counterdrone systems in the region.
Company Overview: The company specializes in AI-based platforms for countering advanced threats, including drones, and serves various sectors such as military, government, and critical infrastructure, with a current market cap of $412.1 million.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
