Delta Drone International (ASX:DLT) has announced the receipt of the final payment from the divestment of ParaZero in the amount of $814,410.
The global drones-as-a-service provider says the payment, which includes interest, extends the company's funding runway.
Delta Drone International provides aerial surveying and mapping, security and surveillance, and blast monitoring and fragment analysis services to mining, agricultural and engineering industries.
It has key customer contracts with tier 1 and tier 2 miners such as South32, Newmont Mining, Red 5 and Seriti Coal, with regional offices in Perth, Johannesburg and Accra.