DroneShield Limited
Other OTCCapital Structure
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in mil. unless spec.Company Description
- CEO
- Angus Bean
- Full Time Employees
- 500
- Sector
- Industrials
- Industry
- Aerospace & Defense
- Address
- 126 Phillip Street Sydney NSW Australia 2000
- IPO Date
- Nov 29, 2016
- CIK
- 0001671541
- Website
- droneshield.com
- Similar Companies
- Business
- DroneShield Limited develops and sells hardware and software technology for drone detection and counter-drone security, operating primarily in Australia and the United States with a global presence supported by partners in over 70 countries. Founded in 2014 and headquartered in Sydney, Australia, with additional headquarters in Virginia, USA, the company specializes in radio frequency (RF) sensing, artificial intelligence (AI), machine learning (ML), sensor fusion, electronic warfare, rapid prototyping, and MIL-SPEC manufacturing. Its main product portfolio includes dismounted systems such as RfPatrol Mk2, DroneGun Mk4, Immediate Response Kit (IRK), DroneGun Tactical; on-the-move products like DroneSentry-X Mk2 and Expeditionary Fixed Site Kit; fixed-site solutions including DroneSentry; and software platforms such as DroneSentry-C2, Tactical DroneSentry-C2, and DroneOptID. DroneShield serves diverse customer segments encompassing defense, law enforcement, government agencies, critical infrastructure, airports, corporate security, maritime and vessels, energy and utilities, and event security. The company provides both off-the-shelf products and bespoke counter-UAS (unmanned aerial system) and electronic warfare solutions designed for terrestrial, maritime, and airborne platforms, delivered through direct sales and third-party distributors. Recent major developments include a strategic expansion in production capacity and inventory to meet growing global demand, resulting in a substantial contract win valued above the company’s total 2024 revenue of AUD 57.5 million. DroneShield reports strong growth with a projected revenue increase of 20% for 2024 driven by robust new orders and a 93% surge in SaaS revenue from AI-powered software solutions. The company has also announced a diversified project pipeline exceeding AUD 2.55 billion across more than 300 global opportunities, including multiple high-value contracts over AUD 100 million. Its latest technology advancements emphasize AI-powered situational awareness and layered defense systems, enhancing operational precision and resilience in complex threat environments. DroneShield maintains a strategic advisory presence in the U.S. and continues to broaden its market footprint including recent market expansions into Latin America. This profile reflects DroneShield Limited's leadership in the rapidly evolving counter-drone industry, combining cutting-edge technology and strategic growth initiatives to address advanced threats associated with drones and autonomous systems worldwide.
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