Droneshield joins key US Research Project for Warfare systems

Company News

by Jessica Amir

Droneshield (ASX:DRO) has become a member of the Information Warfare Research Project (IWRP) consortium, pathing a way to fast-track contracting with the US government.

The group is focused on advancing information warfare capacities to enhance the US Navy and US Marines Corps effectiveness.

Droneshield will now be able to access US Space and Naval Warfare systems command’s 'Other Transaction Authority'.

And that transaction authority for the consortium is valued at US$100 million over the next three years.

Shares in Droneshield (ASX:DRO) last traded at $0.17.

Jessica Amir

Finance News Network
Jessica joined FNN in January 2017 with a passion for equities and funds management. As Head of News, she has been a broadcast journalist for over seven years, specialising in finance. She has been a journalist with Sky News Business, ABC 1, ABC's The Business and ABC24. She’s also worked as a TV reporter for regional Channel 7 and 9. She also previously worked as a financial planner and real estate agent.