DroneShield Limited (ASX:DRO) has announced the successful completion of their Defence Innovation Hub project with the Australian Department of Defence.
The contract was valued at approximately $800,000 and led to the development of an Artificial Intelligence Computer Vision System (ACVS) and a multi-Sensor Fusion Artificial Intelligence (SFAI) engine.
The project has improved their optical/thermal AI DroneOptIDTM engine and is expected to be a core part of their Command-and-Control system DroneSentry-C2TM.
The Australian Government's Defence Innovation Hub funding was praised for supporting the development of sovereign industry capability.