DroneShield Limited

EOS had a nasty old day, down 7.8%.

As did DroneShield, down 7.5%.

Maybe with Trump stymied, Mr. DeVito in the White House, war won't be quite such a big option for the US.

Healthcare stocks eased back.

9.6% down.

EOS, I guess same applies in defence, spending 7.8% down to $7.24 on 4 million shares.

DroneShield, well, they weren't shielded down 7.6%, $1.21. 8 million shares traded.

So not good news for them.

The medical device maker ResMed, it dropped after its results last Friday.

Defence company DroneShield sold off again and copper and gold producers were lower, led by Capstone.

And looking at the 20 largest companies on the ASX, the biggest faller was Northern Star due to falling prices of gold.

Mining giants, BHP, Rio down as well.

Data centre developer NextDC, worse from the tech companies.

And defence business DroneShield was off just under 1%.

It has come back at the end of the session there.

Ross, that is markets.

The same technology helps in this sort of continual race.

And what you'll see and what we did on partner organizations did on DroneShield, which was an OPEX in the Czech Republic a couple of weeks ago.

is they actually flew drone swarms with predetermined objectives and flight plans.

And when they got denied, they continued and finished their task, even though they could no longer communicate.

They appoint you at the right ones.

Then there tends to be some key ones.

So DroneShield was obviously pretty important for the Czech Republic, who did a great job of hosting it.

but also for the technologies they were demonstrating.

This episode features a collection of updates I recorded at Land Forces in Perth earlier this month.

It includes Geoff Knox and Bede Galvin from HiCom, Jack Walker from Shield AI, Al Clements from CEA Technologies, Casey Lam Evans from DroneShield and Rare Admiral retired Pete Quinn from Greenroom Robotics.

We kick the episode off with Jeff and Bede on their stand talking to me about their

latest developments.

Buried the lead.

We should have opened with that.

Casey Lamb Evans from DroneShield.

Welcome back to the show.

Data networking business Megaport, one of the worst tech stocks.

Defence company DroneShield sold off again.

Fund manager Gideon took a tumble.

And National Australia Bank slumped after announcing those job cuts.

Yeah.

So both the-- both technologies that we've been talking about, that's RF detection technology and radar technology, has previously been tested in an Australian prison by a security company, DroneShield, uh, in two thousand and one.

A company that I mentioned earlier, who is based in Australia, has contracts across the globe, including in the US as well as Ukraine.

Now, in a media release that was removed from the DroneShield's website, the company described using radar and RF technology in a month-long trial at a prison somewhere in Australia.

The ABC occurred, um-- understands this occurred back in twenty twenty-one, and the company said this technology allowed, quote, "pr-precise tracking of airborne drones up to one kilometer with new threats identified within one second of entering radar range." End quote.

We reached out to DroneShield to clarify this.

A spokesperson told us that DroneShield has deep capacity in the prison security sector and has trialed the technology in recent years.

Uh, they weren't able to comment on the project specifics or the actual pr-procurement processes, whether they were involved in the one that's been, uh, discussed by the state government recently.