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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.
