Australia's RocketDNA gains after unit secures drone system contract

Gold Road Resources

18/08/2025 06:26

** Shares of RocketDNA RKT.AX rise as much as 16.7% to A$0.014, highest level since July 28

  ** Stock posts biggest intraday pct gain since June 23  ** Technology solutions provider says its eponymous Western Australia unit secures purchase order to supply its autonomous xBot surveying system to Gruyere Gold Mine, which is a joint venture between Australia's Gold Road Resources GOR.AX and Gold Fields GFIJ.J   ** Co says xBot is an autonomous drone system for mining surveys  ** Estimated contract value is A$490,000 over 3 years  ** About 12.6 mln shares traded, 8.6x the 30-day average

  ** YTD stock up 12.1%, including current session's move

 (Reporting by Ananya Verma in Bengaluru)

 ((ananya.verma@thomsonreuters.com;))