Droneshield Limited · ASX:DRO
Droneshield — Investor Presentation (January 2026)
25 slides from Droneshield's investor presentation, Jan 27, 2026
Slide 1: Multi-Mission Artificial Intelligence Counter-Drone Solutions
Image: Belgium's Minister of Defence and Foreign Trade, Theo Francken with DroneShield's Immediate Response Kit Multi-Mission Artificial Intelligence Counter-Drone Solutions 4Q25 4C Results - Investor Presentation 27 January 2026
Slide 2: Strong start to 2026 amongst continued rapid growth
Strong start to 2026 amongst continued rapid growth DRO expects to benefit from operational leverage moving forward The Gross Profit margin is approx. 65%. The fixed cash cost is ~$150m/year* Revenue from Customers (A$m) Customer Cash Receipts (A$m) Committed Revenue 216.5 Committed Customer Cash Re
Slide 3: 4Q25 and 2025 Cashflow Summary
4Q25 and 2025 Cashflow Summary Significant Performance Acceleration A$ 4Q2025 4Q2024 QoQ 2025 2024 Ann Comment Growth Growth Revenue 51.3m 26.4m ▲ 94% 216.5m 57.5m ▲277% • Second highest revenue quarter to date from • 3Q25 highest revenue quarter at $92.9m customers • Committed revenues for 2026 of
Slide 4: Key Highlights
Key Highlights Record performance across all key metrics Robust financial performance Executing on material pipeline Positioned to win and scale A$216.5m A$2.09bn 350+ 2025 Revenue from Customers Pipeline January 2026 World-class engineers • Up 277% (vs. 2024) • 300+ diverse pipeline across geograph
Slide 5: Sales Pipeline at $2.09bn (as of Jan 2026)
Sales Pipeline at $2.09bn (as of Jan 2026) 300+ diverse pipeline across geographies, customers, products and stages of maturity of the deals. All reporting is in A$. Corresponds to approximately end of 2026. Civilian customers are starting to demonstrate interest as well. $303m / 127 projects $1.3bn
Slide 6: US “Safer Skies” Act
US “Safer Skies” Act State and local law enforcement has received the legal pathway to counter drones ● The “Safer Skies” Act is a part of the 2026 National Defense Authorization Act (NDAA) ● Enables state/local law enforcement to counter drones near events (previously only federal) ● Creates potent
Slide 7: Unmatched End-to-End Counter-Drone Solutions Worldwide
Unmatched End-to-End Counter-Drone Solutions Worldwide… Current gen products continue to sell well, as DRO aims to launch a number of next-gen hardware solutions over late 2026 and 2027, including full spectrum customisable sovereign solutions Dismounted On-The-Move & Fixed Site AI AI AI Detect FY25
Slide 8: …And Proprietary AI-based SaaS and Software R&D Contracts
…And Proprietary AI-based SaaS and Software R&D Contracts Quarterly proprietary SaaS, completed by third party SaaS on integrated radar solutions The goal is 10,000s of hardware pieces globally, each with multiple SaaS, with 30 -40% of revenue in SaaS Device SaaS Site SaaS Enterprise SaaS ● Command-
Slide 9: Our Competitive Differentiators
Our Competitive Differentiators Global pioneer at Fully in-house development and Technical differentiators the forefront of 350+ world-class $70m+/year of R&D manufacturing counter-drone engineers investment capabilities (except radar technology and camera) Market leading, AI-powered SaaS Substantia
Slide 10: Competitive Positioning
Competitive Positioning ● DRO is the global market leader in each of its key segments, underpinned by its commercial and technical differentiators. Competitors include*: ● Handheld detection: MyDefence (Denmark) and DZYNE (USA) ● Handheld defeat: MyDefence (Denmark), SteelRock (UK) and DZYNE (USA) ●
Slide 11: Manufacturing Capacity Expansion
Manufacturing Capacity Expansion Expansion from the current $500m p.a. to $2.4bn p.a. in production capacity by end of 2026 ● New own 3,000sqm production facility in Sydney ● Substantial upgrade from 400sqm of floorspace of the current production facility ● The manufacturing is to assemble items mad
Slide 12: Executing on our Strategic Priorities
Executing on our Strategic Priorities Leveraging our established and scalable platform to execute on numerous and highly actionable growth levers 2026-2027 2028-2029 2030+ ● Launch of next gen hardware across ● Grow pipeline by 100%+ to $5bn ● Significant revenue from SaaS, long product families ter
Slide 13: Thank you
Image: DroneShield’s DroneSentry-X Mk2 mounted on a vehicle at the NATO Summit in The Hague Thank you Australia Office U.S. Office European Office (Headquarters) DroneShield LLC Herengracht 420 DroneShield Limited 7140-B Farm Station Rd, 1017BZ Amsterdam Level 5, 126 Phillip St Warrenton, VA 20187 N
Slide 14: Appendices: Other Information
Image: Demonstration of DroneShield’s DroneGun Mk4 at a live counter-UAS demonstration in Bergen, Germany A APPENDICES Other Information
Slide 15: Investment Thesis
Investment Thesis A well positioned market leader in a globally surging industry, across military and civilian sectors ● Deteriorating geopolitical and security situation around the globe, accelerating defence spending ● Ukraine has irreversibly brought drones and counter-drone solutions into mainst
Slide 16: A Global Company
A Global Company DroneShield is a significantly larger business today with 480+ staff, up from 11 in 2017 DroneShield’s Rapid Total Staff (Globally) Global Presence Transformation 482 • 2017: Employed 11 staff, focused on early product launches and initial sales • 2018-2019: Staff-growth to focus on
Slide 17: Will our technology continue to work against drones?
Will our technology continue to work against drones? A large and agile team, combining counter-drone technology, expertise, relationships and reputation RF to remain core ● DRO believes that radiofrequency will remain the core sensor and effector mechanism as the drones evolve* drone technology ● No
Slide 18: Will our technology continue to work against drones? (continued)
Will our technology continue to work against drones? (continued) Understanding market trends, and the “ground truths” about them, remains key What about ● Use of multi-sensor systems such as DroneShield’s DroneSentry, including with multiple detection modalities (radar, acoustic, fibre-optic camera
Slide 19: Detection Technologies
Detection Technologies DRO uses multi-sensor drone detection for optimal results, unaffected by time of day or weather. DRO is an integrator as well as sensor maker, meaning it combines its own and third party solutions Radio Frequency Radar* Cameras* Acoustic* Imagery Overview ● Foundational layer
Slide 20: Defeat Technologies
Defeat Technologies DRO uses smart jamming which has advantages over other technologies, as well as integrates third party technologies as part of its DroneSentry-C2 command-and-control software A Defence Prime area, such as Traditionally a Defence Prime Kongsberg or EOS area, however new solutions
Slide 21: US$35bn+ Total Addressable Military Market
US$35bn+ Total Addressable Military Market Military Vehicles (Mounted) $112,500 each $20.3 $2.4 billion billion $2.3 Border Protection Military – Fixed Bases $2 million each $462,500 each billion Government Facilities – Fixed Sites Military Helicopters $281,500 each $75,000 each $1.8 $1.4 billion bi
Slide 22: US$28bn+ Total Addressable Civilian Market
US$28bn+ Total Addressable Civilian Market Strategic Power / Grid Assets Data Centres (Tier III/IV+) Correctional Facilities $1,062,500 each $312,500 each $281,500 each $2.5 billion $3.8 billion $2.3 billion Stadiums / Events $512,500 each Civilian Helicopters / Heliports $6.4 $150,000 each billion
Slide 23: U.S. Law Enforcement C-UAS Market Assessment
U.S. Law Enforcement C-UAS Market Assessment The U.S. Safer Skies Act has potential to be a key driver of demand for DRO equipment What is the Act? ● The U.S. Safer Skies Act (incorporated into the Fiscal Year 2026 National Defense Authorization Act (FY26 NDAA), signed into law on Dec 18, 2025) is a
Slide 24: Seasoned leadership team with deep sector experience
Seasoned leadership team with deep sector experience Carla Balanco Oleg Vornik Angus Bean Louis Gamarra CFO & Joint Company CEO and Managing Director Chief Product Officer Chief Commercial Officer Secretary 10yrs with DRO 9yrs with DRO 8yrs with DRO 2yrs with DRO Nathan Vardanega Angus Harris Paul C
Slide 25: Important Notices and Disclaimer
Important Notices and Disclaimer This presentation has been prepared by DroneShield Limited AC N 608 915 859 (" DroneShield" or "Company"). This presentation contains summary information about DroneShield and its associated entities, and their activities current as at the date of this presentation.