Australia Invests $30M in Counter-Drone Tech

0:00Australia's government just dropped $30 million on two homegrown companies to build counter-drone tech, pulling lessons straight from the... Kayaosan Ukraine and the Iran conflict. This is the first chunk of a massive $7 billion push over the next 10 years to tackle drone threats. Cypac snagged $10.4 million to develop their Corvo strike drone, an armed hunter built to track and smash bigger enemy drones. Aim defense got $21.3 million for their fractal laser, which zaps tiny fast movers, like a 10 cent piece at over $100. Kilometers per hour, right through steel. Cheat mass-produced drones have flipped the script in those wars, forcing folks to waste million dollar missiles on targets that cost tens of. Thousands. Defense Minister Pat Conroy says, no way Australia gets caught in that trap, got to fight cheap with smart and affordable. The latest defense strategy calls us a top priority, with big export potential for allies. Conroy hints we've got advanced drones in the works we ain't spilling in,

1:02keeping us ahead in this drone arms race. Sydney News today, powered by AI bringing you what matters. I'm Corey with the story.