DroneShield has announced that the US Army selected its wholly owned US subsidiary DroneShield LLC to advance to Phase II of the Expeditionary Technology Search program (“xTechSearch”).
The Army xTechSearch program provides non-dilutive funding to selected private sector companies to demonstrate their technologies pertaining to Army challenges. The program also drives to integrate these businesses into the Army's Science and Technology ecosystem by providing research opportunities with Army labs, including authorized access to the Army's organic intellectual and technical capital.
xTechSearch is sponsored by US Army's Assistant Secretary of the Army for Acquisition, Logistics, and Technology. It enables the selected private sector companies to collaborate with the Army to tackle the most critical Army modernisation challenges.
Following the Phase II evaluation round, DroneShield has been selected to Phase III of the evaluation process.
Phase III will be held on 17-19 March at the 2020 Global Force Symposium & Exposition in Huntsville Alabama. The 2020 AUSA Global Force Symposium & Exposition is a 3-day event that will include presentations from the Army, DoD and industry related to the future of the Army.
There is a cash grant award associated with progressing to Phase III.
DroneShield LLC has been selected on the basis of Artificial Intelligence/Machine learning algorithms within its drone detection products.
“The US Department of Defense (US DoD) continues to substantially ramp up its counter-UAS work, with the recently reported decision to appoint the US Army as the DoD's executive agent for its counter-UAS efforts," DroneShield’s CEO Oleg Vornik commented. "We are pleased to progress into the next phase of the xTechSearch process, allowing DroneShield further engagement with the US Army's ecosystem, and growing our relationship with them towards their acquisition processes.
"This shortlisting continues to reinforce DroneShield’s proprietary technologies as market leading capabilities in the counter-UAS space globally.”