Shares in the US publicly listed technology company have drastically fallen over the past week following massive market capitalisation reportedly equating to approximately $2 billion.
The capabilities can be deployed as a complement to Australia’s crewed systems, and are scheduled for delivery in 2025. It comes as the Albanese government has earmarked more than $10 billion on expenditure for uncrewed systems.
The collection of countries was formally established on 14 February this year in an initiative proposed by Latvia and coordinated with the United Kingdom.
According to CASA, the workshops featured “facilitated conversations, First Nations-led case studies, and drone policy design sessions, aiming to integrate modern technology with traditional knowledge and practices”.