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Strong Start to 2025 for DroneShield

DroneShield Ltd has kicked off the year in style, reporting a stellar set of Q1 2025 results. The company's revenue surged 102% year-over-year to A$33.5 million, with its SaaS (software-as-a-service) revenue skyrocketing 198% to A$1.67 million.

But the real eye-catcher is DroneShield's rapidly growing pipeline, which has ballooned 367% compared to Q1 2024 to a whopping A$2.41 billion as of June 2025. This robust pipeline reflects the company's strong execution and the surging global demand for its cutting-edge counterdrone technologies.

DroneShield is a global pioneer in this space, with a comprehensive product range spanning both hardware and proprietary software solutions. The company has a world-class team of 234 engineers, investing heavily in R&D to stay at the forefront of this rapidly evolving field.

The strong Q1 performance is just the tip of the iceberg. DroneShield is targeting over 50% of its revenue to come from SaaS by 2025, focusing on long-term counterdrone contracts and expanding its electronic warfare capabilities. The company also plans to grow its pipeline by over 100% to A$5 billion by 2026-2027, capitalizing on the robust global defense spending tailwinds.

Separately, DroneShield has also announced its biggest contract ever - a A$61.6 million package of three standalone follow-on contracts from a European military customer. This order, which is larger than the company's entire 2024 revenue, is expected to be delivered in Q3 2025 with payments in Q3 and Q4.

Overall, DroneShield is firing on all cylinders, cementing its position as a global leader in the fast-growing counterdrone technology space. Investors will be eagerly watching as the company continues to execute on its ambitious growth plans.