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DRONESHIELD (asx: dRo) IS SEEING VERY STRONG VOLUMES ON fRANKFURT STOCK EXCHANGE

5/27/2024

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DroneShield (ASX: DRO) is a worldwide leader in counter-UAS security and technology.

DroneShield develops pre-eminent UAS security solutions that protect people, organisations, and critical infrastructure from intrusion from UAS threats. Its leadership brings world-class expertise in engineering and physics, combined with deep experience in defence, intelligence, and aerospace.

DoneShield is very well supported by German and European investors with its dual-listed shares often seeing volume of over 8 million shares a month on German trading exchanges such as Frankfurt, Tradegate, and Hamburg.

We expect interest to continue to increase for ASX listed companies with a German dual-listing that have significant or interesting European operations or contracts.

In October 2023, it was announced that DroneShield had been awarded AU$10 million from the Australian government to supply C-UAS equipment to Ukraine as part of an effort combat Russian attacks.
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Earlier this week the Company announced announce it has received a repeat order of A$5.7 million from a US Government customer for a number of its C-UxS (Counter-UxS) systems. C-UxS refers to counter-drone systems targeting multi-domain aerial, ground and maritime surface drones. 

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