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Droneshield hits the target, twice in 48 hours.

Updated: Jun 15, 2020

Two days ago, Droneshield (ASX:DRO) closed at $0.165c.


Today it hit a high of $0.27.


The spike follows the announcement of two partnership deals, one on Tuesday and another this morning.



Droneshield describes their tech as "the preeminent 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."


Probably the most significant out of the two announcements is Bosch, as the integration of Droneshield tech into Bosch's security and safety offering has already been done.


Plus of course, it opens up all of Bosch's existing and future clients, as potential Droneshield clients.


I spoke with Oleg Vornik CEO and Managing Director of Droneshield about the two partnerships.


We do not recommend or advise to buy or sell shares in DroneShield. The InsideMarket Private Fund does not own shares in DroneShield at the time of publishing this post. We also have not received any payment from the company for this coverage. Disruptive technology stocks should be considered very speculative, high-risk, and extremely 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.

 
 
 

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