Australia's DroneShield soars to over 1-month high on A$6.2 million contract

DroneShield

23/12/2025 23:17

** Shares of DroneShield DRO.AX rise as much as 6.4% to A$3.48, their highest level since November 10; stock last up 4.7%

** Drone technology firm receives A$6.2 million ($4.15 million) contract from a reseller for delivery to an Asia Pacific military end-customer

** Expects delivery and cash payment in 2026

** Stock is up 347.7% YTD, including the session's moves

($1 = 1.4928 Australian dollars)

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))