Shares in technology company Droneshield have been placed in a trading halt ahead of a capital raising announcement.
Droneshield, which last traded at 33 cents a share, develops technology that detects and interferes with unauthorised drones.
It recently sold its rifle-style handheld device called DroneGun to a G7 country.
DroneGun jams communications between a drone and its pilot and is marketed by the company as being able to combat the increasing use of drones in terrorism.
The company's shares will remain in a trading halt until Thursday at the latest or when the capital raising proposal is announced if earlier.
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Droneshield, which listed on the ASX in June 2016 and has offices in Sydney and Virginia, US, was founded in Virginia three years ago by two former defence contractors.
