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…
-
General14 hours agoPoliticians asked how to Trump-proof Australia’s fragile economy on Q+A
-
General17 hours agoAsian, European stocks nosedive on tariff turmoil
-
General14 hours agoAsia stocks plunge, HK suffers steepest fall since 1997
-
Noosa News20 hours agoDistress call sparks rescue operation for capsized sailor near North Stradbroke Island