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.
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.
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