DroneShield

Herndon, United States Founded: 2014 • Age: 12 yrs
AI-powered counter-drone systems are provided for unauthorized drone detection.
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About DroneShield

DroneShield is a company based in Herndon (United States) founded in 2014 by Brian Hearing and John Franklin.. DroneShield has raised $26.23 million across 11 funding rounds from investors including Epirus and USAGov. DroneShield offers products and services including RfPatrol Mk2, DroneGun Mk4, DroneSentry-X Mk2, and DroneSentry-C2. DroneShield operates in a competitive market with competitors including Zen Technologies, Epirus, Fortem Technologies, Dedrone and D-Fend Solutions, among others.

  • Headquarter Herndon, United States
  • Founders Brian Hearing, John Franklin
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
    Aerospace, Defense & Maritime
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Droneshield Limited
Operational Areas
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems
Aerospace, Defense & Maritime → Aerospace Manufacturing & Engineering
Aerospace, Defense & Maritime → Defense Systems & Security Services
Key Metrics
  • Annual Revenue
    $35.64 M (USD)
    6.36
    as on Dec 31, 2024
  • Net Profit
    $-817.64 K (USD)
    -114.14
    as on Dec 31, 2024
  • EBITDA
    $-6.12 M (USD)
    -340.28
    as on Dec 31, 2024
  • Total Equity Funding
    $26.23 M (USD)

    in 11 rounds

  • Latest Funding Round
    $3.8 M (USD), Grant

    May 31, 2024

  • Investors
    Epirus

    & 1 more

  • Employee Count
    Employee Count
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IPO & Listings of DroneShield

DroneShield is a publicly listed company on the ASX with ticker symbol DRO in Australia, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: ASX · Ticker: DRO . Sector: Electronic technology · Australia

Products & Services of DroneShield

DroneShield offers a comprehensive portfolio of products and services, including RfPatrol Mk2, DroneGun Mk4, DroneSentry-X Mk2, and DroneSentry-C2. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

AI-powered tool for detecting and defeating drone threats in real-time

Portable system for disrupting unauthorized drones effectively

Software for unified sensor management and threat response

AI-based system for integrating sensors and effectors in defense operations

People of DroneShield
Headcount 10-50
Employee Profiles 71
Board Members and Advisors 2
Employee Profiles
People
Oleg Vornik
CEO
People
Carla Balanco
CFO and Company Secretary
People
Andre Heunis
Senior Algorithms Engineer
People
Nathan Vardanega
COO

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Board Members and Advisors
people
Kym Osley
Strategic Advisor

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Funding Insights of DroneShield

DroneShield has successfully raised a total of $26.23M across 11 strategic funding rounds. The most recent funding activity was a Grant round of $3.8 million completed in May 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 11
  • Last Round Grant — $3.8M
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2024 Amount Grant - DroneShield Valuation

investors

Nov, 2022 Amount Post-IPO - DroneShield Valuation

investors

Aug, 2020 Amount Post-IPO - DroneShield Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in DroneShield

DroneShield has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Epirus and USAGov. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Government entity focused on information and services
Founded Year Domain Location
Developer of high-power microwave systems for electronic warfare and air defense
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by DroneShield

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - DroneShield

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Droneshield Comparisons

Employees
+
Add Comparison
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Competitors of DroneShield

DroneShield operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zen Technologies, Epirus, Fortem Technologies, Dedrone and D-Fend Solutions, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Live and virtual training simulations for defense are provided.
domain founded_year HQ Location
Developer of high-power microwave systems for electronic warfare and air defense
domain founded_year HQ Location
Counter-UAS and onboard radar systems for UAVs are supplied.
domain founded_year HQ Location
AI-based smart airspace security solutions are provided by Dedrone.
domain founded_year HQ Location
Autonomous counter-drone systems are developed for perimeter security.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Droneshield

Frequently Asked Questions about DroneShield

When was DroneShield founded?

DroneShield was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is DroneShield located?

DroneShield is headquartered in Herndon, United States. It is registered at Herndon, Virginia, United States.

Is DroneShield a funded company?

DroneShield is a funded company, having raised a total of $26.23M across 11 funding rounds to date. The company's 1st funding round was a Post-IPO of $7.5M, raised on Mar 31, 2015.

What is the annual revenue of DroneShield?

Annual revenue of DroneShield is $35.64M as on Dec 31, 2024.

What does DroneShield do?

DroneShield was founded in 2014 and is headquartered in Herndon, United States. Counter-drone technology is developed in the defense and security sector, focusing on AI-driven solutions that detect unauthorized drones through acoustic sensors. Real-time alerts are generated for drones undetectable by radar or radio-frequency methods. The product lineup includes drone nodes, sentries, omnidirectional sensors, and a user interface for monitoring local drone activity online.

Who are the top competitors of DroneShield?

DroneShield's top competitors include Zen Technologies, Epirus and Big Bang Boom Solutions.

What products or services does DroneShield offer?

DroneShield offers RfPatrol Mk2, DroneGun Mk4, DroneSentry-X Mk2, and DroneSentry-C2.

Is DroneShield publicly traded?

Yes, DroneShield is publicly traded on ASX under the ticker symbol DRO.

Who are DroneShield's investors?

DroneShield has 2 investors. Key investors include Epirus, and USAGov.

What is DroneShield's ticker symbol?

The ticker symbol of DroneShield is DRO on ASX.

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