DroneShield share price jumps on Defence LAND 156 panel news — what to know before Monday
DroneShield shares rose 7.8% to A$4.40 Friday after the company was selected for Australia’s Defence Department Project LAND 156 LoE 3 standing offer panel. The panel allows Defence to buy counter-drone services from pre-approved suppliers. DroneShield cautioned the selection does not guarantee contracts. About 23 million shares changed hands during the session.