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Australia's DroneShield extends gains on US expansion plans

ReutersSep 24, 2025 3:22 AM

** Shares of DroneShield DRO.AX rise 6.9% to A$3.785, extending gains from the previous session

** Stock top gainer on the benchmark .AXJO for a second day; AXJO down nearly 1%

** Defence tech firm on Sept 22 announced expansion of its R&D operations in the U.S. with a second location to its US headquarters in Virginia

** Stock has risen nearly fivefold in value so far this year

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