Droneshield joins key US Research Project for Warfare systems

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by Jessica Amir

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Last Updated: 19/06/2019 2:13 PM

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 after having worked in financial advising for seven years and in TV journalism for seven years, specialising in finance, equities and analysis. She has interviewed former Prime Ministers of Australia, Tony Abbott, Julia Gillard and Kevin Rudd and ex Treasurer Jo Hockey. Jessica has worked as a journalist with Sky News Business, ABC 1, ABC's The Business, ABC24 and has also been a regional Channel 7 and 9 TV reporter with Prime7 and Win News.