• $13M investment in new 3,000sqm production facility in Sydney
• 2,500sqm expansion of R&D area at headquarters
• Total annual manufacturing capacity to reach $2.4B by end of 2026

DroneShield Limited (ASX:DRO) is making a $13 million initial investment to significantly expand its R&D and manufacturing capacity. This includes a new 3,000sqm production facility in Sydney's Alexandria, which is more than three times the size of the company's current production facility. Additionally, DroneShield is adding 2,500sqm to its R&D area at its headquarters. Together with planned expansions to its Australian contract manufacturing, and plans to set up contract manufacturing in Europe and the US, DroneShield's current $500 million annual manufacturing capacity is estimated to expand to $2.4 billion by the end of 2026. This expansion comes as DroneShield sees record global demand for its counter-drone and electronic warfare solutions, including a $61.6 million European contract, a $9.7 million Latin American contract, and an $11.7 million Five-Eyes R&D contract. The company is also planning to establish a European Centre of Excellence, including manufacturing and production facilities, to support the continent's domestic defence programs.

DroneShield's total annual manufacturing capacity is estimated to expand from $500 million currently to $2.4 billion by the end of 2026.

DroneShield is expanding its R&D and manufacturing capabilities to meet record global demand for its counter-drone and electronic warfare solutions, including significant contract wins in Europe, Latin America, and with the Five-Eyes alliance.