DroneShield has received a package of three standalone follow-on contracts for $61.6 million from its privately owned in-country European reseller that is contractually required to distribute the products to a European military customer.
“In succession to the $32.2 million repeat order announced on 14 April 2025 for another customer, DroneShield products are now being purchased in material quantities. The scale and frequency of orders has been increasing as leading Military customers are moving from testing hardware to broader rollouts. DroneShield is well placed to meet the increasing demand," DroneShield CEO, Oleg Vornik, explained.
The contract is for handheld detection and counter-drone systems and associated accessories. DroneShield expects to deliver all equipment throughout Q3 2025, with cash payment expected in Q3 and Q4 2025.
“Establishing a robust European supply chain to support equipment sold in the region will strengthen sovereign capability, Meanwhile, our experienced Australian software development team continues to deliver critical updates addressing emerging threats, both in Ukraine and globally. Our expanded team in Europe, combined with growing manufacturing output in Australia, ensures DroneShield is well positioned to meet the rising demand from both existing and new defence partners," DroneShield CEO, Oleg Vornik, commented.
According to DroneShield, this is the biggest single order in the company's history and is larger than the company’s entire revenue for 2024 ($57.5m). DroneShield’s recent production and inventory holding expansion means that this order is expected to be fully delivered within the quarter.
In line with the broader increase in military spending across the EU, DroneShield will establish a European Centre of Excellence focused on manufacturing and assembly; research and development; drone testing; and training. This will be DroneShield’s first European manufacturing and in-house assembly facility outside of Australia, creating a second production line for key hardware with at least 65 per cent European industry content for certain regional sales.