Australia's Droneshield rises on record quarterly revenue

Beacon Minerals

20/10/2025 01:17

** Shares of Australia's Droneshield DRO.AX rise as much as 6.3% to A$4.88, marking their biggest intraday pct gain since October 8

** Defence tech firm posts record quarterly revenue of A$92.9 million ($60.36 million)

** Says revenue from software-as-a-service expected to keep rising

** Stock last up 4.4%; has risen more than six-fold in value this year

($1 = 1.5392 Australian dollars)

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))