U.S. Army xTechSearch progresses DroneShield to stage 3
Earlier this month, DroneShield has announced that the United States Army has selected its wholly owned US subsidiary DroneShield LLC to advance to Phase II of Expeditionary Technology Search program (xTechSearch). DroneShield is now pleased to announce that following Phase II evaluation round, it has been progressed to Phase III of the evaluation process. Phase III will be held on 17-19 March at the 2020 Global Force Symposium & Exposition at Huntsville Alabama. The 2020 AUSA Global Force Symposium & Exposition is a 2 ½ -day event that will include presentations from the Army, DoD and industry related to the future of the Army. There is a cash grant award associated with progressing to Phase III. xTechSearch is sponsored by U.S. Army's Assistant Secretary of the Army for Acquisition, Logistics, and Technology. It enables the selected private sector companies to collaborate with the Army to tackle the most critical Army modernisation challenges.
The Army xTechSearch program provides non-dilutive funding to selected private sector companies to demonstrate their technologies pertaining to Army challenges. The program also drives to integrate these businesses into the Army's Science and Technology ecosystem by providing research opportunities with Army labs, including authorized access to the Army's organic intellectual and technical capital. DroneShield LLC has been selected on the basis of Artificial Intelligence/Machine learning algorithms within its drone detection products. DroneShield’s CEO Oleg Vornik commented, “The United States Department of Defense (US DoD) continues to substantially ramp up its counter-UAS work, with the recently reported decision to appoint the U.S. Army as the DoD's executive agent for its counter-UAS efforts. We are pleased to progress into the next phase of the xTechSearch process, allowing DroneShield further engagement with the U.S. Army's ecosystem, and growing our relationship with them towards their acquisition processes. This shortlisting continues to reinforce DroneShield’s proprietary technologies as as market leading capabilities in the counter-UAS space globally.” [endif]