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DroneShield secures R&D Tax Incentive

Sydney-based DroneShield has received a $2 million R&D Tax Incentive as a cash payment from the Australian government. The payment, awarded for DroneShield’s R&D work throughout 2021, represents the largest recorded government incentive since the company’s inception. Oleg Vornik, DroneShield’s…

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Hanwha, OneWeb to pursue Australian SATCOM project

Hanwha Systems Corporation (HSC) and Hanwha Defense Australia (HDA), Korea’s two leading defense companies, have signed a Memorandum of Understanding (MOU) with UK-based OneWeb to explore the joint provision of connectivity services to the Australian defence market. Their initial target is…

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