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DroneShield set to supply DroneGun to Paraguyan Government - TechInvest Magazine Online

Written by Tech Invest | Nov 17, 2017 7:43:52 AM

ASX-listed DroneShield Ltd (ASX:DRO) has made a significant breakthrough with news that it has received an order for a DroneGun tactical drone jammer product to support the Paraguyan Ministry of National Defense (MDN).

The order has come via DroneShield’s distributor Mega following DroneGun’s win of a competitive tender.

DroneShield’s CEO and Managing Director Oleg Vornik said the order is understood to have been placed so that the Paraguayan Ministry of National Defense could conduct an in-field evaluation of DroneGun with a view to a larger order.

This is the first South American order for any of the company’s products.

Mr Vornik said the company’s ability to fulfil the order is subject to approval by a U.S. regulator overseeing defence exports.

“The company expects to receive such approval, if it is granted, in the next month, using the established U.S. defence product sale approval process. There are, of course, no guarantees that the approval for this particular order will be granted,” Mr Vornik said.

The company is currently in a number of government procurement processes internationally and expects to update the market on the status of some of these processes in the short-term.”

DroneGun provides a safe countermeasure against a wide range of drone models. It allows for a controlled management of drone payload such as explosives, with no damage to common drones models or surrounding environment due to the drones generally responding via a vertical controlled landing on the spot, or returning back to the starting point (assisting to track the operator).