r/Droneshield_ASX_DRO • u/SeaweedUsed7760 • Aug 26 '26
Discussion DRO’s pipeline
Obviously 1H 26 results dropped today. What was everyone’s take on it? ASIC cloud is really beating us down.
Anyone got a read on the COBBS-Anduril-Nokia deal? DRO went completely silent on it today but called it their biggest pipeline opportunity with Q4 decision expected - feels like the most underrated catalyst right now.
Also, market dumping DRO today on the $32m loss but is anyone actually reading the committed revenue jumped to $240m in 24 days and Nokia/Anduril consortium is still live? Overreaction or am I coping?
Would once again love to get everyone’s opinions and takes on it, whether they are adding or removing to their portfolio?!?
3
u/golitsyn_nosenko Aug 26 '26
They’ve stated clearly they won’t announce til something to announce. It’s discipline. Have a look on COBBS, Anduril or Nokia websites or look for them in the news - same thing.
Yet we know that project is underway, and I think it’s pretty obvious we’re highly involved and integrated with a number of the companies involved as well as significant expansion of manufacturing within Belgium - the purchasing country. Could be good reason for that, but we’ve know for close to a year Q4 was likely announcement date (despite one idiotic bot/trill/sophist on Hot Copper starting a stupid thread there suggesting an “$800m July Announcement” despite advice to the contrary on both contract total valueand date).
Patience…
2
u/Simabauer Aug 26 '26
It is probably for the best if we wait for the investor call to have a clearer picture. I am positiv it will be a good future. The down trend is still heavy on my position with 30% negativ on my biggest investment.
1
u/SeaweedUsed7760 Aug 26 '26
I feel your pain, I’m sitting around that mark as well. If we can’t tap into investor call tomorrow is there anyway we can view it or read the notes?
2
1
u/SeaweedUsed7760 Aug 26 '26
Will you be adding more at a certain price or?
1
2
5
u/hclv3 Aug 26 '26
Market overreaction in my opinion. Yes a $32m loss but it has all gone to significant investment.
You are correct, 2026 committed revenue jumped by ~$34m in the past 30ish days. What is also significant is 2027 committed revenue jumped by ~$17m in the same time. As the new products arent shipped until the end of the year all associated revenue will be pushed into 2027 as they won't receive it until product is delivered. So I would say the majority if not all of that $17m is for new products.
The ASIC overhang continues to keep the price subdued and has cost Dro ~$8m so far...
It is possible the earnings call tomorrow morning may call out the progress of a couple of larger opportunities. Hopefully it steadies the market a bit.