London/Brisbane | Defence technology company DroneShield’s signature weapon is being superseded on the battlefield as Ukrainian and Russian soldiers rapidly adapt their tactics, including reverting to old-fashioned shotguns to bring down drones, according to military insiders.
As the one-time sharemarket darling undergoes a re-valuation after the chief executive, chairman and a third director sold $70 million of stock, plunging its price 30 per cent in a day, attention is turning to its products.
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Andrew Tillett is The Australian Financial Review’s correspondent for Europe, based in London. He was formerly foreign affairs and defence correspondent based in Canberra. Connect with Andrew on Facebook and Twitter. Email Andrew at andrew.tillett@afr.com
Tess Bennett is a technology reporter with The Australian Financial Review, based in the Brisbane newsroom. She was previously the work & careers reporter. Connect with Tess on Twitter. Email Tess at tess.bennett@afr.com
