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Droneshield to attract investment for next steps

Published: 11:10 24 Oct 2017 AEDT

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The company's shares are in pre-open

Droneshield Ltd (ASX:DRO) is a first mover in a global industry, being focused on drone security technology.

Droneshield has already made some early U.S. and international sales.

The company is now looking to increase its cash balance through a raising for the next steps, and the ASX has granted a trading halt to prepare.

The halt will remain in place until the opening of trade on Thursday 26th October 2017, or earlier if an announcement is made to the market.

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