DroneShield has raised $120 million to fund R&D for new counterdrone devices and continue its push into new markets, positioning the Australian defence technology company for future growth. The company announced the completed share placement on Thursday, reporting “strong support” from new and existing institutional and sophisticated investors following a pullback in its share price….

The post DroneShield raises $120m to fund R&D appeared first on InnovationAus.com.

This post was originally published on InnovationAus.com.