DRO 4.64% 72.0¢ droneshield limited

Ann: Statement by The Queensland Police Service, page-2

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  1. 1,653 Posts.
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    They didn't mention "Sales".

    So these deployments are on contract basis I assume, where DroneShield provides equipment hire and operate them throughout the event for a service, there isn't any sales involved but more of a service revenue, and may not be significant either.

    However, this is equivalently important for the company to showcase its capability to Australia government agencies and building out its reputation for this newly created industry, which is quite valuable exposure for its current growth phase, just adding on to the list of international events it protects for.

    Imagine if it successfully intervened some rogue drones during any of these events, thousands people will thank them for it and will talk about it.

    I see great future in it as it ticks the right boxes along the way.
 
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