Droneshield joins key US Research Project for Warfare systems

03/09/2018 10:40:00

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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.