DRO.ASX: Material Contracts, Product Release & Trading Update

Material Contracts, Product Release & Trading Update

Stock	Droneshield Ltd (DRO.ASX)
Release Time	28 Jul 2026, 9:48 a.m.
Price Sensitive	Yes

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DroneShield Announces $23.2M Contracts, Product Release, and Trading Update

Key Points

Received $23.2M in European military contracts
Released RfAI-3, the third-generation RF detection engine
Expects FY2026 revenue between $250M and $270M

Full Summary

DroneShield Limited (ASX:DRO) announced a significant package of contracts worth $23.2M from a reseller for delivery to a European military end-customer. The contracts involve the supply of vehicle-mountable counter-drone solutions, including hardware, subscriptions, warranties, and services. Additionally, the company unveiled RfAI-3, the third generation of its proprietary RF detection engine, designed to enhance situational awareness in complex threat environments. DroneShield also provided a trading update, anticipating FY2026 revenue in the range of $250M to $270M, reflecting a 15% to 25% increase over FY2025. The company expects a blended gross margin of around 65% for FY2026, supported by the launch of next-generation hardware and increasing subscription revenue.

Guidance

FY2026 revenue expected to be $250M to $270M, with a blended gross margin of around 65%

Outlook

DroneShield anticipates strong growth in FY2026 and beyond, driven by the launch of next-generation products and increasing subscription revenue.