DroneShield’s Software Expansion Meets Market Profit-Taking

Despite unveiling its most sophisticated command-and-control platform to date, Australian counter-drone specialist DroneShield saw its shares decline more than 5%. This pullback comes following an extraordinary 754% rally over the previous year, suggesting investors are capitalizing on gains as the company accelerates its strategic pivot toward software-as-a-service offerings.

The newly introduced DroneSentry-C2 Enterprise (C2E) platform represents a comprehensive system designed for national-scale counter-drone operations. This technology enables centralized management of multiple drone detection sites across geographically dispersed locations.

CEO Oleg Vornik emphasized the platform’s strategic importance for DroneShield’s medium-term objective: generating 30-40% of revenue through SaaS subscriptions. The company has already secured its first commercial deployment, with a European client along NATO’s eastern flank scheduled to implement... Read more...