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DroneShield has developed acoustic detection sensor systems that alerts the user to approaching drones.

DroneShield launches $5m IPO

A US-founded tech company specialising in counter-drone systems has launched its prospectus for a $5 million initial public offering, with plans to list on the ASX by next month.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/05/18

1 year TSR5 year TSR
12thDimerix1226%78%
695thDepartment 13 International-38%-0%
793rdWangle Technologies-67%43%
723 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

145th↑Department 13 International$1.1m
155th↑Wangle Technologies$780k
156th↓Grandbridge$703k
159th↓xTV Networks$561k
160th↓Dimerix$536k
238 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Department 13 International

716thJonathan Hunter$166k
942ndKathleen Kiernan$98k
1294thAl Teller$41k
Ranked by total remuneration from all listed WA companies

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