DroneShield Ltd Stock Market Press Releases and Company Profile
DroneShield Adds Key U.S. Distribution Partners
DroneShield Adds Key U.S. Distribution Partners

Sydney, Nov 1, 2018 AEST (ABN Newswire) - DroneShield Ltd (googlechartASX:DRO) (googlechartDRSHF:OTCMKTS) ("DroneShield" or the "Company") is pleased to announce that it has added several key distribution partners for the United States market.

- DroneShield adds key distribution partners in the United States, to support its rollout to U.S. military, federal agencies, law enforcement and other key customers.

- Partners TSSi and W.S. Darley & Co are "super-distributors" participating in the U.S. Defense Logistics Agency's Tailored Logistics Support ("DLA TLS") program.

- DLA TLS is a key acquisition program of the U.S. Government.

United States has the largest defence budget globally, with over US$600 billion committed in 2018. Relevantly, within the 2019 budget, US$1.5 billion has been allocated towards drone countermeasures specifically.

The distribution partners TSSi and W.S. Darley & Co, are a part of the U.S. Government's Defense Logistics Agency's Tailored Logistics Support ("DLA TLS") Program.

The DLA TLS Program, administered by DLA Troop Support, provides authorised Department of Defense, Federal Government and other approved Federally-funded agency customers, both in the continental United States (CONUS) and outside of the continental United States (OCONUS), with a fast, simple procurement option to allocate their Military Interdepartmental Purchase Request / Military Standard Requisitioning & Issue Procedure (MIPR/MILSTRIP) funds. The DLA TLS Program enables the U.S. Government to purchase items such as DroneShield's products without a requirement for a public tender.

Only six organisations (of which TSSi and W.S. Darley & Co are two) in the United States currently have access to the DLA TLS Program (and these are commonly referred to as "super-distributors" in the industry). Products are required to be in leadership positions in their respective product categories to be granted access into the DLA TLS distributor catalogues.

DroneShield continues to substantially build on its U.S. presence, with recent and upcoming end customer demonstrations at its U.S. facility and at military installations, and distributor and end customer training sessions to continue developing and closing its current sales pipeline.

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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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