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Tuesday, 04 June 2024 22:13

DroneShield triples sovereign defence R&D and manufacturing capacity to $400m with new global headquarters

Following DroneShield’s recent $115m capital raise, the new site in Pyrmont, NSW, cements and scales DroneShield’s fully sovereign R&D and manufacturing capabilities

COMPANY NEWS: Australian-listed DroneShield (ASX:DRO) has opened its new headquarters, tripling its research and development (R&D) and manufacturing capacity to more than AU$400 million in hardware and software per year as the company works to convert a sales pipeline of over $500 million.

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