News and Announcements
DroneShield to Protect 30th SEA Games
- Published November 20, 2019 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
DroneShield Ltd (ASX:DRO or DRO.AU) (“DroneShield” or the “Company”) is pleased to announce that it has been contracted to provide counterdrone protection for the 30th Southerneast Asian Games held in the Philippines from 30 November 2019 to 11 December 2019. The Games are expected to include 11 participating nations and approximately 9,000 athletes, and consist of 530 events across 56 sports. The event is expected to attract an audience of approximately 500 million viewers.
DroneShield has sold and received payment for, several of its products for the deployment at the Games. Additionally, the event will be utilised as a product demonstration opportunity to a large number of event security organisers, law enforcement and militaries across the region and globally.
DroneShield’s CEO Oleg Vornik commented, “Mass crowd events are a core market for DroneShield, with our prior deployments including the Olympics, the Commonwealth Games and ASEAN over the recent year alone.”
About DroneShield
Based in Sydney (Australia), Virginia and Washington, DC (USA) and London (UK), DroneShield 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.
Company Updates
Forget Startups: Why Magnetic Alliance is Betting on “Boring” Mid-Market Turnarounds
While Australia’s venture capital scene spent years chasing unprofitable tech startups and speculative high-growth plays, Mark Lim was quietly taking a radically different path. The Managing Partner of Magnetic Alliance Capital sees the nation’s richest investment opportunities hiding in plain sight: inside thousands of unglamorous, profitable, but operationally sluggish mid-market businesses. Speaking on Wholesale Investor’s […]
The asset class where the market has no vote
Litigation funding returns are decided in a courtroom, not a cycle. Knightsbridge’s Head of Capital is careful to call that a different risk rather than a lower one, and his answer to it is spread, not concentration. Most alternative assets still answer to something. Property answers to rates. Private credit answers to defaults. Even the […]
The listing fee vendors pay whether the house sells or not
Australia’s property portals collect more than $2 billion a year while national listings sit flat. An Australian-built AI platform is targeting the economics, not just the interface. An Australian vendor listing a home pays a vendor-paid advertising fee on top of agency commission. Rama Dwarapudi, Founder and Chief Executive Officer of RealSearch, puts a typical […]
Backed By Leading Investment Groups and Family Offices
