Boresight

Why Invest

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Boresight Investor Hub (ASX:BST)

Montserrat

Boresight Investor Hub

Boresight is an Australian defence technology company generating real revenue from a product category it created: purpose-built, low-cost aerial targets that allow militaries to train against the drone threat they actually face.

Operating business at IPO: Boresight listed on the ASX in June 2026 having generated approximately A$4.36M in revenue in FY24/25 (up from A$2.76M in FY23/24), with more than 6,000 drones sold to military and industry customers since incorporation in 2020. 

Category-defining position: Boresight describes itself as the only ASX-listed pure-play in attritable counter-drone training systems, occupying a distinct niche between high-end ISR providers and hobby-drone suppliers. 

Recurring demand model: Target drones are consumable products designed to be destroyed during live training exercises, creating natural, recurring replenishment demand from established customers.

Boresight designs and manufactures attritable aerial target drones that give military and security forces a cost-effective, repeatable way to train against the low-cost drone threats now shaping modern conflict.

BQ-400 flagship product: Boresight's primary product is a compact quadrotor target drone with a 2.5km range and 17.5m/s speed, with more than 5,000 units sold; the broader product family -- including the BQ-750 (70 units sold) and BS-350 ISR drone (350 units sold) -- takes total sales to more than 6,000 units across 15 militaries in 12 countries. 

Integrated ecosystem: Beyond the drone itself, Boresight's proprietary Ground Control Station and Flight Management software enable a single operator to control up to five aerial targets simultaneously, supporting increasingly complex swarming training scenarios. 

Expanding product portfolio: Three new platforms are due for 2026 launch: the BF-100 fixed-wing target (Q3), the BQ-300 FPV quadcopter (Q3) and the BF-150 loitering munition target (Q4), broadening the range of threat profiles Boresight can replicate.

Boresight's board combines deep defence domain expertise with the engineering and capital markets credentials needed to scale a sovereign defence technology business.

Defence and intelligence pedigree: MD/CEO Justin Olde brings 25 years of Army service and 10+ years in defence industry including as VP at ASX-listed EOS Ltd. Co-founders Dr Andrew Windsor (PhD Physics, ex-Australian Government) and Michael Sinkowitsch (ex-Army Signals Corps, 20+ years in UAS and intelligence) built the business from Criterion Solutions. CTO Dr Alexander Hall (PhD Aeronautical Engineering) co-developed the Black Hornet nano UAV at Prox Dynamics and leads all Boresight engineering. [

Commercial and governance experience: Non-Executive Director Blake Burton brings ASX and technology commercialisation experience via a successful business exit (Netorigin to VentraIP, 2019) and prior audit experience at PwC. 

Why invest in Boresight