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.
Counterdrone defence solutions provider DroneShield announced it opened a new headquarters in Pyrmont NSW, claiming it tripled its research and development (R&D) and manufacturing capacity to more than $400 million in hardware and software per year.
The University of Technology Sydney (UTS) and Sydney ASX-listed defence tech company DroneShield have produced next-generation drone technology they say will better identify threats from “aggressive” unmanned aerial systems.
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