DroneShield Ltd Stock Market Press Releases and Company Profile
First DroneGun Sale
First DroneGun Sale

Sydney, Dec 5, 2016 AEST (ABN Newswire) - On 28 November 2016, DroneShield Ltd (googlechartASX:DRO) ("DroneShield" or the "Company") announced the launch of its DroneGun product, a tactical drone jammer. DroneGun was launched to meet the unmet global demand for effective and cost-effective drone countermeasures.

- DroneShield sold, received full payment for, and shipped, the first DroneGun

- A large number of enquiries received in relation to DroneShield's detection product and the DroneGun countermeasure

Following the launch of the product, over the course of the one week since the launch, the Company received hundreds of product enquiries from a wide range of military, government, law enforcement, corporate and VIP potential customers from a number of countries, as well as from a number of security distributors. Within one week of the launch, the Company has now filled the first order for a DroneGun. Payment has been received (at the Company's full rate card price), and the Company has shipped the product. Given the nature of the Company and its products, the identity of the customer is confidential, however, the Company understands that the DroneGun unit shipped by the Company will be utilized for the protection of a multi-hundred million dollar maritime asset.

Following the launch of DroneGun, the Company received global press attention unprecedented in the Company's history. A sample of the hundreds of media articles on DroneShield can be reviewed at http://www.google.com/#q=dronegun&tbm=nws

The Company is working with a number of high-profile potential customers in a range of countries in relation to installations of its DroneShield(R) detection product and/or shipments of its DroneGun countermeasure product. The Company expects to update the market on its business development activities short-term.


About DroneShield Ltd

DroneShield

DroneShield Ltd (ASX:DRO) (OTCMKTS:DRSHF) is an Australian publicly listed company with its head office in Sydney and teams in the US and UK. We specialise in RF sensing, Artificial Intelligence and Machine Learning, Sensor Fusion, Electronic Warfare, Rapid Prototyping and MIL-SPEC manufacturing.

Our capabilities are used to protect Military, Government, Law Enforcement, Critical Infrastructure, Commercial and VIPs throughout the world.

Through our team of primarily Australian based engineers - we offer customers bespoke solutions and off-the-shelf products designed to suit a variety of terrestrial, maritime or airborne platforms.

DroneShield is proudly exporting Australian capability to customers throughout the world and supporting Australia's defence, national security and other organisations protect people, critical infrastructure and vital assets.

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Contact

Peter James
Executive Chairman
E: peter.james@droneshield.com
T: +61-2-8072-0679



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