STOCK TITAN

Mobilicom CEO Oren Elkayam to Advocate for Uncrewed Systems at AUVSI's Hill Day in Washington, D.C.

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Mobilicom CEO Oren Elkayam will attend the AUVSI's Hill Day on June 4, 2024, in Washington, D.C., to advocate for supportive regulations for uncrewed and autonomous technologies. Elkayam will join other industry leaders in meetings with key Members of Congress, the Congressional Unmanned Systems Caucus, and relevant House and Senate committees. Mobilicom, known for its cybersecurity solutions for drones and robotics, will leverage its expertise to discuss policies beneficial to the deployment of uncrewed systems. This engagement highlights Mobilicom's active role in shaping regulations that ensure the secure and effective use of autonomous technologies for societal benefit.

Positive
  • CEO Oren Elkayam will advocate for supportive regulations, potentially boosting Mobilicom's market position.
  • Participation in AUVSI’s Hill Day enhances Mobilicom's visibility and influence in policy-making.
  • Mobilicom's cybersecurity expertise will be showcased to key lawmakers, emphasizing its industry leadership.
  • Engagements with Members of Congress and committees could lead to favorable regulatory changes.
  • Mobilicom's involvement in the event reflects its proactive stance in advancing uncrewed systems technology.
Negative
  • No immediate financial gain from participation in AUVSI's Hill Day.
  • Dependence on regulatory changes which may not materialize or take time.
  • Potential increase in operational and lobbying expenses.
  • Elkayam joins other industry leaders in Washington, D.C. to champion regulations supportive of the growth of autonomous technologies
  • Mobilicom to offer its expertise in cybersecurity and field-proven solutions in meetings with key Members of Congress, the Congressional Unmanned Systems Caucus, and relevant House and Senate committees

Shoham, Israel, June 04, 2024 (GLOBE NEWSWIRE) --  Mobilicom Limited (Nasdaq: MOB, MOBBW), a provider of cybersecurity and robust solutions for drones and robotics, today announced that Oren Elkayam, CEO and Co-founder of Mobilicom, is set to attend the Association for Uncrewed Vehicle Systems International (AUVSI)’s Hill Day on June 4th in Washington, D.C. Through Mobilicom’s membership on AUVSI’s Air Advocacy Committee, Elkayam will join other industry leaders in engaging directly with policymakers to support laws and regulations that promote the deployment of uncrewed and autonomous systems for business and societal benefit.

AUVSI's annual Hill Day brings together members from its Defense, Air, Maritime, Ground, and Cyber Advocacy Committees to engage with lawmakers on policies enabling the deployment of uncrewed systems for the benefit of American communities. This event offers a vital platform for AUVSI Advocacy members to address industry updates, legislation, and priorities with lawmakers. Representatives from these committees ensure comprehensive coverage of issues vital to advancing uncrewed systems. Elkayam and other attendees will participate in multiple meetings with key Members of Congress, the Congressional Unmanned Systems Caucus, and relevant House and Senate committees. As a member of the AUVSI Cyber Working Group, Mobilicom brings deep knowledge of security issues.

“Mobilicom has expertise in developing field-proven, cyber-secure technologies for autonomous vehicles,” Elkayam stated. “We look forward to contributing to the dialog with U.S. policymakers regarding regulations that promote secure, safe, and beneficial operation of uncrewed systems.”

About AUVSI
The Association for Uncrewed Vehicle Systems International (AUVSI) — the world's largest non-profit organization dedicated to the advancement of uncrewed systems and robotics — represents corporations and professionals from more than 60 countries involved in industry, government, and academia. AUVSI members work in the defense, civil, and commercial markets.

About Mobilicom
Mobilicom is a leading provider of cybersecure robust solutions for the rapidly growing defense and commercial drones and robotics market.  Mobilicom’s large portfolio of field-proven technologies includes cybersecurity, software, hardware, and professional services that power, connect, guide, and secure drones and robotics. Through deployments across the globe with over 50 customers, including the world’s largest drone manufacturers, Mobilicom’s end-to-end solutions are used in mission-critical functions.

For investors, please use https://ir.mobilicom.com/
For company, please use www.mobilicom.com

Forward Looking Statements
This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. For example, the Company is using forward-looking statements when it discusses how it looks forward to contributing to the dialog with U.S. policymakers regarding regulations that promote secure, safe, and beneficial operation of uncrewed systems. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Mobilicom Limited’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the Company’s filings with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Mobilicom Limited undertakes no duty to update such information except as required under applicable law.

For more information on Mobilicom, please contact:

Liad Gelfer
Mobilicom Ltd
liad.gelfer@mobilicom.com


FAQ

What is the significance of Mobilicom attending AUVSI's Hill Day on June 4, 2024?

Mobilicom's attendance at AUVSI's Hill Day allows its CEO to advocate for supportive regulations for uncrewed and autonomous systems, potentially influencing policies favorable to their business.

How does Mobilicom aim to benefit from participating in AUVSI’s Hill Day?

By advocating for supportive regulations and showcasing their cybersecurity expertise, Mobilicom aims to influence policies that could promote the deployment of uncrewed systems, benefiting their business.

What expertise does Mobilicom bring to the AUVSI's Hill Day event?

Mobilicom brings its deep knowledge of cybersecurity solutions and field-proven technologies for autonomous vehicles to the event, contributing to discussions on secure and effective uncrewed systems operation.

Who will Mobilicom engage with during the AUVSI's Hill Day?

Mobilicom, through its CEO, will engage with key Members of Congress, the Congressional Unmanned Systems Caucus, and relevant House and Senate committees during AUVSI's Hill Day.

What is the role of the AUVSI's Advocacy Committees in Hill Day?

The AUVSI's Advocacy Committees, including defense, air, maritime, ground, and cyber, engage with lawmakers to discuss policies and regulations that support the deployment of uncrewed systems for societal benefit.

Mobilicom Limited

NASDAQ:MOB

MOB Rankings

MOB Latest News

MOB Stock Data

6.05M
1.46B
14.65%
8.43%
Telephone Apparatus Manufacturing
Manufacturing
Link
United States of America
Shoham