Quickstep Holdings Ltd. announced that it has secured new orders from leading Australian drone companies and has doubled the size of its Geelong facility to accommodate firm and anticipated demand. An amendment to the existing 3 year Strategic Supply Agreement with Swoop Aero has resulted in firm orders for composite airframe parts totaling $5.4 million Work is expected to be completed at Quickstep's Geelong facilities over the next 12 months. A number of drone related engineering and production orders have been received from Australian and international customers during August, further reinforcing the need for additional space and an increase in employees at the Geelong site.
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Annual profits - Rate of surprise
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+28.13% | 143B | |
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+51.28% | 48.25B | |
+6.75% | 42.65B | |
+77.38% | 39.86B | |
+60.84% | 25.93B | |
+83.90% | 24.85B |
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