Australia's DroneShield soars to four-week high on contract awards

DroneShield

26/02/2026 24:12

** Shares of DroneShield DRO.AX rise as much as 9.1% to A$3.7, their highest level since Feb 4

** Co bags package of six standalone contracts for A$21.7 million from an in-country reseller

** Reseller to distribute products to Western military end-customer

** YTD, DRO shares up 19.8%

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))