The news: Counter-drone technology company DroneShield has received a package of three standalone contracts with the US government totalling $7.6 million.
The numbers: DroneShield CEO Oleg Vornik said the latest deal takes the company up to 78 purchase orders for the year, with a median order size of $400,000. This compares to 66 orders, and a median order value of $200,000, for 2024.
The context: DroneShield will deliver the handheld systems for the latest contracts in Q4 2025, with cash payment expected in Q4 2025 of Q1 2026.
What they said: “Moving forward, taking into account the substantial revenue growth of the business in 2025, the announcement threshold for received orders in 2026 will increase from the current $5 million to $20 million, unless there is a further rationale to announce a received smaller order,” said Vornik.
