• DroneShield receives $8.2m contract for counter-drone systems
• Delivery expected by end of 2025 or early Q1 2026
• Cash payment expected in Q1 2026
• Over $97.7m in locked-in revenues going into 2026

DroneShield Limited (ASX:DRO) has announced that it has received a contract totaling $8.2 million from an in-country reseller for delivery to a western military end-customer. The reseller is a wholly-owned subsidiary of a multi-billion dollar, global, publicly listed customer that is required to distribute the products to the western military government department in-country. The contract is for handheld counter-drone systems, associated accessories and spare kits, and software updates. DroneShield has this stock on-the-shelf and expects to complete the delivery prior to the end of 2025 or in early Q1 2026. Cash payment is expected to be fully received in Q1 2026. No additional material conditions need to be satisfied. Over the past 7 years, prior to this contract, DroneShield has received 38 contracts from this reseller totalling over $9.6 million. There are no obligations for any additional contracts from this reseller or end-customer. Going into 2026, DroneShield has approximately $97.7 million in locked in revenues (in addition to this contract, where the hardware revenues would fall into either 2025 or 2026 depending on the final delivery date), an all-time record for starting a new year.

DroneShield expects to receive cash payment of $8.2m in Q1 2026 for the delivery of counter-drone systems and associated products to a western military end-customer.

DroneShield has approximately $97.7 million in locked-in revenues going into 2026, an all-time record for the company.