Australian company DroneShield announced its largest contract ever: a landmark A$61.6m deal. Three contracts are for a European customer.
The record-breaking order exceeds the company’s total revenue of A$57.5million in 2024, highlighting an increase in demand for their technology. The contract covers DroneShield handheld detection and counter drone systems, as well as associated accessories.
DroneShield confirmed that it expects to complete the order in the third quarter 2025. Payments are expected in the third and the fourth quarters 2025. The company’s recent expansion of production and inventory has made this quick turnaround possible. If you are new to DroneShield they provide counter-drones that focus on Machine Learning (ML).
Sensor FusionThey also use Rapid Prototyping in their efforts to create military-spec solutions.
The size and frequency of orders have increased as Military customers move from testing hardware to wider rollouts. Establishing a robust European Supply Chain to support equipment sold in this region will strengthen sovereign capabilities… Our expanded team, coupled with growing manufacturing outputs in Australia, ensures DroneShield’s well-positioned to meet the increasing demand from existing and new defense partners.
Oleg Vornik, CEO, DroneShield.
DroneShield, with its expanded team in Europe and growing manufacturing output in Australia is well-positioned to meet the increasing demand from existing and new defense partners.”
Oleg Vonik, DroneShield CEO.
European Expansion Plans
The major contract coincides DroneShield’s significant investment and growth into the European Market. The company is creating a European Centre of Excellence in order to better serve the growing defence needs of the region.
The new centre will be DroneShield’s first manufacturing and assembly facility outside Australia. It will focus on drone testing, research and development and training.
Key elements of the European Strategy
A new manufacturing capability
This company is setting up its first European manufacturing facility and creating a second line for key hardware.
Increased European Content
The strategy aims to have at least 65 percent of the industry’s content in certain sales. This will help DroneShield qualify more regional procurement programs.
Supporting Regional Demand
This move aligns with initiatives such as the EUR800 billion ReArm Europe Plan and targets a market that has over A$1.1 Billion in active opportunities for DroneShield.
A successful australian export
This deal highlights the global demand for Australian technology. Exports will account for 91% DroneShield’s local production by 2024.
The success of this deal aligns with the Federal Government’s Future Made in Australia initiative. National defence spending is expected to double by 2034 to A$100 billion. DroneShield has positioned itself to support Australian defence interests as well as those of its allies.
For more information, head to https://www.droneshield.com
