Global leader in the detection of drones set to list on the ASX in June
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Commercial drones have become a very real issue in today’s society. The increasing amount of commercial drones presents unique and frequent threats to privacy, physical security, and safety in a wide variety of public and private sectors and this isn’t expected to subside any time soon, with 12 million commercial drones expected to be in operation by 2020.
Drones have the capability to deliver a payload to a precise location and are extremely hard to detect. DroneShield has a unique and effective solution that detects drones and is being shipped around the world through a growing network of distributors.
Through its market leading technology, DroneShield has the first mover advantage in rapidly growing drone-defence market, expected to be worth over US$11 billion by 2024.
The Company’s acoustic-based technology is unmatched by other drone detection solutions. The DroneShield System is:
20+ units have been shipped by DroneShield since January 2014 including to a US state Homeland Security department, several NATO militaries, a high profile national US airport, and protection for a Head of State of a G7 country. The system was also used in April 2016 at the Boston Marathon for the second year in a row, protecting over 30,000 runners and thousands of spectators.
Investment Highlights
- Increasing use of drones worldwide causes threats to Prisons, Airports, Stadiums, Power Plants, Events, VIPs and Military Installations and any secure or private facility creating a multi-billion dollar opportunity
- Proven technology, validated via use by public and private blue chip organisations, including the Boston Marathon, high profile US East Coast airport, the Office of Homeland Security of a U.S. state and several NATO militaries, and Head of State security
- Superior, patented systems using audio/acoustic signatures obtained at a US Department of Defense-approved anechoic chamber – provides highly accurate and superior detection of drones
- First mover advantage - shipped 220 units since January 2014
- Highly Attractive Commercial Model - SaaS Model ensures a recurring revenue stream from customers for the life of the products installation
- Board, management and advisory team are the Who’s Who of the defence industry including:
- a former Chief of Naval Research (United States Navy) and the U.S. Department of the Navy Chief Technology Officer,
- the former Deputy National Security Advisor for Vice-President Cheney,
- a former Australian Minister for Defence,
- the current chairman of the boards of nearmap Ltd (ASX:NEA) and Macquarie Telecom Group (ASX:MAQ),
- a former CFO of Seeing Machines (AIM: SEE),
- the current CEO and founder of 1-Page Ltd (ASX:1PG), and
- former Commander of the UK Field Army.
IPO Offer
To view a the Prospectus please visit - [
25-35m shares at $0.20 per share to raise A$5-7m, as well as 1-for-1 attaching listed options. The listed company will have a Market Capitalisation of A$27m (based on A$7m raised). The minimum subscription is A$2,000.
Applications are due by Thursday 2 June 2016. For investor briefings and query responses are available during the Offer Period, please email investors@droneshield.com.
It is expected the IPO will be substantially oversubscribed, and therefore the Company has reserved discretion to close the IPO early.
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