Anonymous Investor's questions to DroneShield Ltd (DRSHF) leadership • FY 2024
Question
A question was raised about the intended R&D spend for FY25, the policy on capitalizing development costs, and any potential M&A activity.
Answer
CFO Carla Balanco explained that the company plans to capitalize approximately 60% of relevant engineering salaries, targeting around $20 million in capitalized R&D for FY25. CEO Oleg Vornik added that the company is still conducting due diligence on a potential acquisition in the electronic warfare space and continues to scan the market for other suitable, non-counter-drone targets.