Drone deal to excite Aussies

SHARES in Australian technology company DroneShield have jumped nearly 3 per cent after it announced the military of a G7 country had bought its DroneGun. The deal involves one test unit of its rifle- style handheld drone jammer, which the company understands will be used in the Middle East. DroneShield said that while the revenue from the sale was not significant, the deal was important because it is the first sale of DroneGun to a G7 country’s military. “The sale comes as ISIS and other nonstate actors rapidly increase their use of consumer or commercial drones for terrorism,” it said yesterday. Shares in DroneShield, which listed on the ASX in June last year, finished up 1.47 per cent, or 0.5c at 34.5c.