DroneShield (ASX:DRO) Soars on A$50m European Deal – What Today’s News Means for the Stock
DroneShield shares surged as much as 25% on 16 December after announcing a A$49.6 million European military contract and a €2.8 million Belgian order. The stock traded around A$2.66 by late morning, rebounding sharply from November lows. The new contract involves handheld counter-drone systems for a European military, with deliveries expected by March 2026.