DroneShield reports record revenue growth amid rising losses

DroneShield, an Australian drone defense specialist, reported a 74 percent increase in half-year revenue for 2026, reaching 125.8 million AUD. Despite this record growth, the company reported a statutory net loss of 32.2 million AUD and an EBITDA loss of 12.4 million AUD.

CEO Angus Bean stated that the company is intentionally in a massive investment phase to scale production and meet increasing demand. This expansion includes increasing staff from 332 to 537 employees within one year and building new production capacities.

Strategically, DroneShield is expanding its European supply chain through an initiative in Poland to integrate local industrial partners. The company also plans to release a software update in the third quarter of 2026 to improve radio frequency detection and target tracking. Despite the operational milestones, the company's stock faced pressure, closing down 3.7 percent at 1.05 Euro.