DroneShield Receives $9.7m Latin American Contract
· A $9.7 million package of three standalone contracts for a defence end customer in a Latin American (LATAM) country
· Delivery and payment due Q3-Q4 2025
DroneShield Limited (ASX:DRO) (DroneShield or the Company) is pleased to announce it has received a package of three standalone contracts for its handheld and on-the-move counter-drone systems. The contract sum is $9.7 million, with DroneShield’s privately owned in-country reseller that is contractually required to distribute the products to a defence end customer in a LATAM country. DroneShield expects to deliver all equipment throughout Q3 and Q4 2025, with cash payment expected in Q3 and Q4 2025. No additional material conditions need to be satisfied.
DroneShield has previously received two standalone contracts from this reseller for this defence customer in December 2024 and January 2025 totalling approximately $10.8 million, with all imports, deliveries, and payments handled on-time and in a highly professional manner. There is no obligation for any additional contracts from this reseller or the customer.
Pictured: DroneShield DroneSentry-X Mk2 counter-drone system
Oleg Vornik, DroneShield CEO, commented: “In 2025, DroneShield has successfully delivered products, capability, and training into the Latin American market. With a substantial pipeline, diversified over multiple countries and customers, DroneShield is anticipating further developments in 2025 in this region.”
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