DroneShield Signs Deal for Strategic Collaboration on Counter-UAS Capabilities With Terma, Shares Rise 3%
MT Newswires Live
May 04
DroneShield (ASX:DRO) and aerospace firm Terma signed a memorandum of understanding for strategic collaboration focused on advancing layered counter‑unmanned aerial systems (UAS) capabilities, according to a Monday statement.
The collaboration will include artificial intelligence‑enabled UAS detection, electronic warfare systems, and command‑and‑control software. It will also establish a framework to validate, build interoperability, and operationalize complementary counter‑UAS capabilities.
Its shares rose 3% in recent trading on Monday.
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