Revenue has increased 13 fold, with at least $2.8m of the MOD order still to be paid in coming quarters.
'Dozens' of orders in the sales pipeline with some in the 'tens of millions' of dollars. We won't win 'em all but Droneshield is making some really serious headway now.
New certifications too.
MOD buyer must be Israel or Saudi Arabia I'm thinking.
This is shaping up to be a very successful company in coming few years, and I'm happy to continue holding after that $3.2m order.
Good work Droneshield keep doing what you're doing. Will look at adding to my holdings if this momentum keeps building.
DRO Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held