CEO and Managing Director, Droneshield
Stories naming Oleg Vornik. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
DroneShield's long-serving chief executive Oleg Vornik is departing, with technology chief Angus Bean promoted to lead; chairman Peter James is retiring and Hamish McLennan arrives as incoming chair from May.
DroneShield has promoted Angus Harris to chief technology officer, with Angus Bean becoming chief product officer, as the defence-tech company scales; it also flagged a new Adelaide R&D facility.
Counter-drone maker DroneShield will enter the S&P/ASX 200 index on 22 September. The piece also recalls its 2016 ASX listing, record first-half revenue, and a $13 million expansion of its Alexandria production site.
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DroneShield has rolled out a new software-subscription counter-drone product, SentryCiv, aimed at non-military sites such as airports, utilities and prisons, offering passive airspace monitoring with no upfront hardware cost.
DroneShield plans to expand into Latin America and has appointed Carlos Gutierrez, previously at SES Satellites and Starlink, as regional director to lead the push.
DroneShield has appointed four seasoned national-security figures — van Haren, Osley, McLachlan and Lam-Evans — to strategy, advisory and government-relations roles as the counter-drone company scales.
DroneShield has completed a roughly $120m underwritten share placement to fund R&D, AI products and acquisitions, after a $75m raise in April; its ASX-listed shares fell 16 percent on the news.
DroneShield has opened a larger Sydney headquarters, tripling its research and production space, supported by its recent $115 million capital raise, with plans to grow headcount and counter-drone output.
DroneShield's 2023 results hit record revenue and a first profit as war-driven demand for its counter-drone equipment surged, with strong cash receipts, a growing order backlog and expanded production planned in Sydney and Adelaide.
Roundup of Australian manufacturing items: DroneShield's Ukraine orders, CEO appointments at Bridgewest Perth Pharma and Sentinel Boats, SPC's community capital raise, LBT's underwritten raising, a university defence consortium, wine grants and new facilities.
DroneShield and Epirus have combined DroneShield's DroneSentry detection system with Epirus's Leonidas microwave weapon. The piece also recalls Epirus's earlier investment in DroneShield and recent DroneShield order wins.
Roundup of Australian manufacturing items: NeuRizer secures $1.5 million against a tax rebate, Matrix wins a riser contract, DroneShield scales production, Anteris reports valve trial results, Carbonix gains certification, Port Kembla berths approved for upgrade.
Manufacturing roundup covering Nufarm's half-year profit rise, a $6.5m federal grant for Australian Strategic Materials, SciDev's $9.5m contract win, DroneShield's final order payment, and new government industry strategy and technology list updates.
Weekly roundup of six Australian startups that together raised $114.5 million, spanning payments, drone defence, carbon accounting, medical AI and health tech, across rounds from pre-seed to Series D.
A roundup of Australian defence industry items: submarine build plans reaffirmed, missile supply contracts for Kongsberg and Lockheed Martin, DroneShield purchase orders, an F-35 warehouse deal, and questions over a shipbuilding college closure.
News roundup: EMVision receives a $2.5 million NSW medical devices grant, ADDE appoints a liquidator, DroneShield wins an order, SciDev and Q-CTRL name executives, and ReNu Energy signs a non-binding term sheet with HESTA.
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