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Why Did ASX Question DroneShield’s Disclosure of a $45M Defence Tender Loss?
11:52am on Wednesday 10th of September, 2025 AEST
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Defence
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Why Did ASX Question DroneShield’s Disclosure of a $45M Defence Tender Loss?
11:52am on Wednesday 10th of September, 2025 AEST
Key Points
ASX issued an aware letter questioning DroneShield's disclosure timing and materiality
DroneShield lost the $45.9 million Project LAND 156 Systems Integration Partner tender
DroneShield argues the contract value is immaterial relative to its $2.34 billion sales pipeline
DroneShield admits mistakenly marking the announcement as price sensitive
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