drones News | The Market Online The Market Online – First with the news that moves markets. Breaking Australian stock market news, ASX 200 announcements and the latest ASX news today. Fri, 30 May 2025 01:09:01 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.1 Drone tests show ‘superior performance’ for Nanoveu chip https://themarketonline.com.au/drone-tests-show-superior-performance-for-nanoveu-chip-2025-05-30/ Fri, 30 May 2025 01:08:56 +0000 https://themarketonline.com.au/?p=756069 Nanoveu (ASX:NVU) – through its subsidiary EMASS (Embedded A.I. Systems Pte. Ltd) – has completed a significant first milestone in its structured drone testing program, focused particularly on the capabilities of its chip, ECS-DoT.

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The testing showed ECS-DoT could complete a full ‘sense–think–act’ loop at 50 Herz (Hz) in PX4/Gazebo Hardware in loop (HIL) tests – meaning the chip is able to process flight data and adjust propeller output 50 times per second (50 Hz) in real-time simulation tests.

This is fast enough for many real-time control systems, facilitating the rapid feedback for stable flight; on this basis, it can be said the chip supports stability in several environments, providing flight time improvements of up to 30%.

The purpose of ECS-DoT is for use in advanced on-board, ultra-low-power AI tasks such as inspection and precision landing, while also being designed to use less power than a typical digital watch (<1 mW).

Nanoveu said the next step in its assessment will involve ECS-DoT learning and optimising its own flight strategies through advanced, adaptive-AI techniques; final results from the testing are expected at the end of June, using the PX4/Gazebo platform1 and hardware-in-the-loop (HIL) testbenches.

The completion of this testing will kick off live drone trials.

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EMASS founder Dr Mohammed M. Sabry Aly said the testing had underlined the value of this chip. “This 50 Hz milestone proves ECS-DoT can handle real-time, high-frequency control loops with extreme energy efficiency,” he said.

“It’s a crucial first step toward transforming drones into smarter, longer-flying platforms that can perform complex tasks without cloud dependence or battery trade-offs.”

NVU has been trading at 4.9 cents.

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The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

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LIS produces lighter, stronger lithium-sulfur cell battery, targeting defence and aerospace sectors https://themarketonline.com.au/lis-produces-lighter-stronger-lithium-sulfur-cell-battery-targeting-defence-and-aerospace-sectors-2024-10-28/ Mon, 28 Oct 2024 00:21:51 +0000 https://themarketonline.com.au/?p=721166 Li-S Energy Ltd (ASX:LIS) has seen its share price rise 25% on news it has substantially improved the performance of its lithium-sulfur battery technology, achieving almost 500 watt hours (Wh) per kilogram as indicative of lithium-sulfur cell performance.

The company has manufactured full-size 10Ah semi-solid-state cells which deliver an energy density of 498Wh/kg on first discharge from its Phase 3 automated pouch cell production facility.

After formation cycling, the performance rose to 456Wh/kg – an industry leading figure – with the cells continuing to cycle in ongoing testing.

The market responded strongly, and by 14:31 AEDT, shares in LIS were trading at 17 cents – a rise of 41.67% since the market opened.

The crucial nature of this news lies in the fact higher energy density – yielded by these improvements – results in a lighter battery. LIS’ focus on the growing market of drones, defence, and electric aviation means weight is an important factor.

Potential range, payload, and operating time are set to improve based on this data.

CEO of LIS partner V-TOL Aerospace Mark Xavier said the development would be significant for the drone and aerospace industries.

“V-TOL would like to congratulate LIS on this significant milestone achievement that hasexceeded our expectations and initial requirements for our joint development of the Pegasus uncrewed air system,” he said.

“We anticipate cell performance at this level will generate substantial global interest andopportunity for LIS across the drone, aerospace and defence sectors.“

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Droneshield shares move up on $13.5M US govt contract https://themarketonline.com.au/droneshield-shares-move-up-on-13-5m-us-govt-contract-2024-10-08/ Mon, 07 Oct 2024 23:58:29 +0000 https://themarketonline.com.au/?p=717842 Artificial intelligence-based defense technology designer Droneshield Ltd (ASX:DRO) has seen its share price spike up more than 4% on news of a $13.5 million contract from a US government customer for its dismounted Counter-UxS (or C-UxS) systems.

The contract was for a repeat order of the C-UxS systems – which target multi-domain aerial, ground and maritime surface drones – with the product delivery and cash receipt both factored into for completion by the end of 2024.

Droneshield director of Business Development Tom Branstetter said the contract was evidence of client confidence in the company’s suite of drone defense products.

“DroneShield’s ability to rapidly deliver high-performance, lifesaving technology at this scale sets us apart in the counter-UAS industry, empowering our clients with cutting-edge solutions precisely when they need it,” he said.

At 10:49 AEDT, shares in Droneshield were trading at $1.40 – a rise of 4.89% since the market opened.

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DroneShield (ASX:DRO) secures top secret multi-million dollar counterdrone deals https://themarketonline.com.au/droneshield-asxdro-secures-top-secret-multi-million-dollar-counterdrone-deals-2023-01-10/ Tue, 10 Jan 2023 04:55:55 +0000 https://themarketherald.com.au/?p=597934 DroneShield (DRO) shares are soaring on news it has secured two separate $11 million orders from allied defence customers for its counterdrone systems over the past month.

DroneShield has been working on Ukraine’s side since the country was invaded by Russia in February last year.

The company’s technology has been used to fight drones used for reconnaissance, directing artillery strikes and dropping charges. The conflict has been the first to highlight the potential of drones on the modern day battlefield.

But DroneShield’s deployment in Ukraine is not the only reason it’s hit its straps and secured these contracts with government agencies – the details of which remain secret due to defence sensitivities.

The company also has been recommended by the US military for the rollout of systems across America’s Department of Defence. It’s also been deployed in its first US airport (there are 10,000 airports in the US alone), its DroneGun featured in the recent Brazil Presidential inauguration, and gained numerous $1 million-plus deployments with US, European and other government customers.

DroneShield CEO and Managing Director Oleg Vornik said demand for the company’s counterdrone equipment and software-as-a-service offerings has now become mainstream.

“It’s also about preventing the smuggling of contraband into prisons, stopping cross border drug deliveries, drone disruptions to airports and other critical infrastructure, corporate espionage, domestic terrorism and more,” he said.

“It’s a $10 billion market that we’re tapping into with DroneShield, which provides pure-play exposure to the counterdrone and electronic warfare sectors, at a time when defence and security spending is increasing amidst global geopolitical uncertainties.”

DroneShield owns all its Intellectual Property, it’s operating in about 100 countries, and Mr Vornik says the company’s well placed to service more larger-value orders, many of which represent recurring-revenue opportunities.

“We do not require additional cap ex because the business, by nature, does not require expensive machinery,” he said. “We have developed sophisticated systems that we are now using to put together the hardware and software that we sell.”

“We’ve had record revenues every year since we listed on the ASX in 2016 and we expect another year of exceptional growth.

“Importantly, we expect to reach a profitable cashflow-positive position.”

Late last year DroneShield received a $3.7 million investment from Epirus Inc, a US defence unicorn developing software-defined directed energy systems.

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