Business
Why the DroneShield (ASX:DRO) share price is jumping 6% today
DroneShield Ltd (ASX: DRO) shares are rocketing higher today on news the defence contractor has signed an additional government agency order. At the time of writing, the DroneShield share price has lifted 5.9% to 18 cents.
What’s driving the DroneShield share price?
The DroneShield share price is on the rise today after the company announced it has received a follow up order for its DroneGun Tactical hand-held, counter-unmanned aerial systems (UAS) products. The additional purchase is said to be from a Five Eyes country. The term ‘Five Eyes’ relates to a signals alliance between the United States, Canada, Australia, the United Kingdom, and New Zealand.
DroneGun Tactical is a portable, long range counter measure used against…
-
General11 hours agoPolice investigating after body found on road in Newborough, Gippsland
-
Noosa News22 hours agoDeaths of Karen Edwards, Tim Thomson, and Gordon Twaddle re-examined in inquest
-
Noosa News23 hours agoSecond inquest into homicide of three tourists shot dead Mount Isa in 1978 begins
-
General23 hours agoThe Church of England’s ‘turning point’ to irrelevancy