DroneShield has received a package of three standalone follow-on contracts for USD 61.6 million from its privately owned in-country European reseller that is contractually required to distribute the products to a European military customer. The contract is for handheld detection and counter-drone systems and associated accessories. DroneShield expects to deliver all equipment throughout Q3 2025.
This is the biggest single order in DroneShield’s history and is larger than the company’s entire revenue for 2024. Oleg Vornik, DroneShield CEO, said the scale and frequency of orders has been increasing as military customers are moving from testing hardware to broader rollouts.
As we recently reported, DroneShield is investing to expand its operations in Europe, including establishing a European Centre of Excellence focused on manufacturing and assembly, research and development, drone testing and training.
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