DroneShield Ltd Stock Market Press Releases and Company Profile
Order for DroneGuns for Major Asian Governmental Agency
Order for DroneGuns for Major Asian Governmental Agency

Sydney, Oct 3, 2018 AEST (ABN Newswire) - DroneShield Ltd (googlechartASX:DRO) (googlechartDRSHF:OTCMKTS) ("DroneShield" or the "Company") is pleased to announce that its distributor GT&E has purchased two units of its DroneGun Tactical(TM) product, for use by a national security agency of a major Asian country allied with the United States, to be deployed by the agency for drone threat mitigation.

- DroneGun Tactical(TM) units purchased for use by a high profile Asian government agency.

- DroneShield beat the limited competition on a combination of effectiveness, productreadiness and affordability.

- First DroneGun Tactical(TM) sale in Asia.

It is understood that the end-user undertook an extensive review process benchmarking DroneShield's product against the limited range of competing solutions and, in the end, selected DroneShield's product based on a combination of its effectiveness, product readiness and affordability.

This is the first order for DroneGun Tactical(TM) in Asia. DroneShield has delivered the units.

Oleg Vornik, DroneShield's CEO, commented "While the revenue from this order to the overall DroneShield business is immaterial, we believe that this order is important in that it validates our global business model. DroneShield has built up a significant counterdrone track record in the region, including through a deployment of its counter-drone products at the 2018 Olympic Games earlier this year, and we look forward to continuing to build on this momentum."

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About DroneShield Ltd

DroneShield

DroneShield Ltd (ASX:DRO) (OTCMKTS:DRSHF) is an Australian publicly listed company with its head office in Sydney and teams in the US and UK. We specialise in RF sensing, Artificial Intelligence and Machine Learning, Sensor Fusion, Electronic Warfare, Rapid Prototyping and MIL-SPEC manufacturing.

Our capabilities are used to protect Military, Government, Law Enforcement, Critical Infrastructure, Commercial and VIPs throughout the world.

Through our team of primarily Australian based engineers - we offer customers bespoke solutions and off-the-shelf products designed to suit a variety of terrestrial, maritime or airborne platforms.

DroneShield is proudly exporting Australian capability to customers throughout the world and supporting Australia's defence, national security and other organisations protect people, critical infrastructure and vital assets.

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Contact

Oleg Vornik
CEO and Managing Director
Email: oleg.vornik@droneshield.com
Tel: +61-2-9995-7280



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