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Droneshield Limited

DroneShield (ASX:DRO) provides Artificial Intelligence based platforms for protection against advanced threats such as drones and autonomous systems. The Company offers customers bespoke counterdrone (or counter-UAS) and electronic warfare solutions and off-the-shelf products designed to suit a variety of terrestrial, maritime and airborne platforms. Their customers include military, Government, law enforcement, critical infrastructure, and airports.

ASX Code
DRO

Sector
Capital Goods

Website
https://www.droneshield.com/

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ASX up 0.06 per cent at noon ahead of the RBAs rate decision

04 Jul 2023 - At noon, the S&P/ASX 200 is 0.06 per cent higher at 7,250.60, ahead of the RBA’s interest rate decision at 2:30 PM. Economists are divided on whether there will be a rate change, with some expecting another 25 basis point hike while others anticipate no change. Market pricing suggests a 30% chance of a rate increase. If rates remain unchanged, the market is likely to remain quiet, especially with the US on a holiday.

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