- DroneGun wins Paraguay Government tender.
- A purchase of a test unit for evaluation by the Paraguyan Ministry of National Defense with a view to a larger order.
- First South American order.
The Company's ability to fulfil the order is subject to approval by a U.S. regulator overseeing defence exports. For clarity, only some of the Company's potential orders require such approval since sales of the Company's products to a number of countries allied with the United States (including but not limited to all the NATO countries (including, among others, the United Kingdom, France and Spain)) do not require U.S. regulatory approval. The Company expects to receive such approval, if it is granted, in the next month, using the established U.S. defence product sale approval process. There are, of course, no guarantees that the approval for this particular order will be granted.
The Company is currently in a number of government procurement processes internationally and expects to update the market on the status of some of these processes in the short-term.
About DroneShield Ltd
Based in Sydney, Australia and Virginia, USA, DroneShield Ltd (ASX:DRO) (OTCMKTS:DRSHF) is a worldwide leader in drone security technology. The Company has developed the pre-eminent drone security solution that protects people, organisations and critical infrastructure from intrusion from drones. Its leadership brings world-class expertise in engineering and physics, combined with deep experience in defence, intelligence, and aerospace.