Street Talk

Drone maker Innovaero prepares for ASX float, taps Euroz Hartleys

Sarah Thompson, Kanika Sood and Emma Rapaport

Mar 18, 2026 – 5.04pm

Innovaero, a Western Australian developer and manufacturer of one-way attack drones and supplier to the Australian Defence Force, is gearing up to list on the Australian Securities Exchange.

Innovaero’s OWL-X loitering munition drone.

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.