How many airports have counter-drone systems? The answer will shock you.

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According to CEO of DroneShield, Oleg Vornik, not one major airport in the world, has a fully deployed counter-drone system, at the time of writing.

In my first interview for the new year, I caught up with Vornik in Sydney, and he told me the lack of action to protect airports, has been frustrating for DroneShield (ASX:DRO).

But, he believes events of late 2018, and early 2019, mean this is all about change, and change quickly.

For days, hundreds of thousands of Xmas travellers were delayed at Britain's Heathrow airport by drone activity, and in early 2019, Gatwick airport got hit as well, albeit for less time.

It is hard to imagine that there isn't an airport manager or operator in the world today, that isn't asking "how do we stop that, or something worse, happening here?"

To date, Vornik argues that the inaction has been due to the size and scale of the drone disruptions until Britain. Let's face it - bureaucracy only gets going, when the pressure is sufficient and who would want to have their major airport shut down for a few days?

So it does seem fair to assume we may see a rush of tenders for counter drone systems this year.

For DroneShield, this could make 2019, a foundation year.

The company claims its counter-drone technology is highly regarded, well recognised and has unique qualities.

For airport environments, one of their claimed key strengths may be the systems ability to understand and isolate the drone-only radio conversations and, in highly complex and busy areas like airports that could be a distinct advantage.

This, coupled with the certification May 2018, by 360°RF, a US based specialised radio frequency testing laboratory, that its systems are compatible (that is, not interfering) with the most commonly utilised communications and navigation systems employed in the United States aviation/airport environment could put the business in the box seat.

Droneshield is currently trading at AU$0.15c, listed at $AU$0.20 and reported Negative Cash Flow of $1.19m for the September 2018 Quarter. In June 2018, DroneShield announced a $3.2 million order for 70 DroneGunsTM1 for use by a Middle

Eastern Ministry of Defence (the “MOD”) (the “MOD Order”). This was the largest known order for tactical drone mitigation equipment of this kind globally, the first order for multiple DroneGunTM units, the largest order in the Company’s history, and the Company’s first multi-million-dollar order.

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​We do not recommend or advise to buy or sell shares in DroneShield. The InsideMarket Private Fund does own shares in DroneShield, however we have not received any payment from the company for this coverage. Disruptive technology stocks should be considered very speculative, high-risk, and very volatile. There are significant risks inherent in developing new technologies that are not discussed here. You should always seek professional advice before considering any share purchase or sale. Please read our full disclaimer. 

DroneShield boss says business finally taking off.

Droneshiled is one of two ASX-listed companies with drone detection and disruption technology designed to guard against drone intrusions.

CEO of DroneShield (ASX:DRO) Oleg Vornick says he believes the recent signing of a $3,200,000 order for 70 DroneGuns™ bodes well for the company.

Chatting from Paris with InsideMarket's Phil Carey, Vornick explained how the sale process evolved and why he believed several other signings are not far off.

Droneshield now available on the Amazon of US Government.

If you ever wanted proof that stock markets swing from one extreme to another, you only need to look at how things have changed over the last 12 months in the disruptive technology space.

InsideMarket.net has just celebrated it's first year in business and on that score, thanks very much to our loyal subscribers for their support and encouragement.

Since I began a year ago I have noticed a sharp contrast in how investors and punters react to news and Droneshield is a good example.

Droneshield (ASX:DRO), which I bought after it posted its first significant sale several weeks ago, announced this week, that all its products are now on the US Government's equivalent of Amazon - the Government Services Administration Advantage purchasing portal.

This means that all Droneshield's detection and mitigation technology can be purchased, with a guaranteed, pre-negotiated best-price, by any Federal, State or local US government body.

They can do this in the knowledge that it has been through all the red tape hurdles of government, including haggling.

If that announcement had been made 12 months ago, I wager the share price would have gone up significantly. Instead it hardly caused a ripple.

Investors and punters seem to have adopted a hard nose"show us the money" mentality. This is not a bad thing.

Of course there are exceptions to this, but this shift has seen some of the most promising tech companies, suffer a slow decline in price.

We caught up with CEO of Droneshield, Oleg Vornik, to disucss market reaction to the GSA announcement and to put the significance of their inclusion in a little more context.

We do not recommend or advise to buy or sell shares in Droneshield. The InsideMarket Private Fund does not own shares in Droneshield at this time and we have not received any payment from the company for this coverage. Shares like this should be considered very speculative, high-risk, and very volatile. There are significant risks inherent in developing new technologies that are not discussed here. You should always seek professional advice before considering any share purchase or sale. Please read our full disclaimer.