For clarity, only some of the Company's potential orders require such approval since sales of some of the Company's products do not require regulatory approval, and sales the Company's restricted products to a number of countries allied with the United States do not require such approval.
This is the Company's first South American order, and it comes amongst an acceleration in drone-related security accidents in the region, including the recent incidents such as a shut down of the Sao Paolo Congonhas airport in Brazil due to a drone scare, and a drone striking a passenger airliner in Argentina.
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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 pre-eminent drone security solutions that protect 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.
CEO and Managing Director