Welcome to our dedicated page for DEFSEC Technologies news (Ticker: DFSC), a resource for investors and traders seeking the latest updates and insights on DEFSEC Technologies stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect DEFSEC Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of DEFSEC Technologies's position in the market.
DEFSEC Technologies Inc. (NASDAQ: DFSC) reported strong financial results for Q3 2025, with revenue increasing 330% to $1.4 million compared to Q3 2024. The company's gross margin grew significantly by 879% to $0.4 million, with margin percentage improving from 12.4% to 28.2%. The growth was primarily driven by Land C4ISR government contracts and the ARWEN® product line.
Key financial metrics include a 278% year-to-date revenue increase to $3.6 million and a 388% year-to-date gross margin growth. The company's cash balance increased by $2.3 million over fiscal 2024 year-end, with an additional $6.8 million raised through a subsequent public offering. Operating expenses remained stable at $2.2 million for Q3, while management expects continued revenue growth from government defense programs and ARWEN® business expansion.
DEFSEC Technologies (NASDAQ: DFSC) has successfully closed its previously announced public offering, raising CAD$6.8 million in gross proceeds. The offering consisted of 759,879 common shares (or pre-funded warrants) along with warrants to purchase an equal number of common shares at a combined price of CAD$8.955 per share.
The accompanying warrants have an exercise price of CAD$10.52 per share with a five-year expiration term. H.C. Wainwright & Co. served as the exclusive placement agent, receiving a CAD$510,354 cash fee and 56,991 placement agent's warrants. The company plans to utilize the net proceeds for working capital and general corporate purposes.
DEFSEC Technologies (NASDAQ: DFSC) has announced the pricing of a public offering expected to raise CAD$6.8 million. The offering consists of 759,879 common shares (or pre-funded warrants) along with warrants to purchase an equal number of shares at a combined price of CAD$8.955 per share.
The accompanying warrants have an exercise price of CAD$10.52 per share and will expire in five years. The offering, exclusively placed by H.C. Wainwright & Co., is expected to close around July 25, 2025. DEFSEC plans to use the net proceeds for working capital and general corporate purposes.
KWESST Micro Systems Inc. (NASDAQ: KWE) has announced its intention to change its corporate name to DEFSEC Technologies Inc. and will trade under the new symbol DFSC on both TSXV and Nasdaq, expected to be effective around June 30, 2025.
The announcement was made during the opening of the company's expanded facility in Kanata North, Ottawa, which is twice the size of its previous location. The company showcased its defense and security technologies, including its Battlefield Laser Detection System, ARWEN non-lethal products, and real-time situational awareness systems. Notable contracts include strategic partnerships with Thales and Akkodis for the Canadian Department of National Defence, valued at up to $75M through 2028.
FAQ
What is the current stock price of DEFSEC Technologies (DFSC)?
What is the market cap of DEFSEC Technologies (DFSC)?
