Mobilicom Unveils its Next-Generation 8-Inch Ground Control Station for Drones & Robotics: Optimal Size, Peak Performance for Mission Success
Rhea-AI Summary
Mobilicom (Nasdaq: MOB) has unveiled its next-generation 8-inch Controller Pro, a ground control station (GCS) for drones and robotics, at the Commercial UAV Expo in Las Vegas. This innovative GCS aims to address the needs of a market projected to grow to $26 billion by 2030 at a CAGR of 22% from 2023 to 2030.
The 8-inch Controller Pro is designed to offer a unique combination of power, portability, and affordability, catering to the increasing deployment of small-sized drones, robotics, and loitering munitions by governments and enterprises. Mobilicom's CEO, Oren Elkayam, highlighted the product's potential to be transformative for the uncrewed systems and robotics sector, addressing a critical market need for a rugged, durable, and U.S. NDAA-compliant solution at a competitive price point.
Positive
- Launch of next-generation 8-inch Controller Pro GCS
- Addressing a market projected to grow to $26 billion by 2030
- Product designed to meet increasing demand from governments and enterprises
- Potential to accelerate market adoption and enhance mission capabilities
- Offering a unique blend of power, portability, and affordability
- U.S. NDAA-compliant at a competitive price point
Negative
- None.
News Market Reaction – MOB
On the day this news was published, MOB declined 0.65%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
- Ground control stations (GCS), the central command and control hub for remotely operated drones & robotics, is a market set to grew to
$26 billion by 2030 - Mobilicom's GCS solutions are currently integrated into the uncrewed systems of top-tier drone manufacturers
- Company anticipates its advanced 8-inch Controller Pro will significantly accelerate market adoption and enhance mission capabilities across multiple sectors
Shoham, Israel, Sept. 04, 2024 (GLOBE NEWSWIRE) -- At the Commercial UAV Expo, in Las Vegas from September 3-5, a leading international trade show for uncrewed autonomous systems, Mobilicom Limited (Nasdaq: MOB, MOBBW), a provider of cybersecurity and robust solutions for drones and robotics, today launched its next-generation 8-inch Controller Pro. This innovative GCS aims to redefine uncrewed vehicle control, addressing the needs of a market currently projected to grow at a CAGR of
"We believe that our 8-inch Controller Pro has the potential to be transformative for the uncrewed systems and robotics sector. It delivers a unique blend of power, portability, and affordability that the industry demands, opening new possibilities for mission success across various applications," stated Mobilicom CEO and Co-founder Oren Elkayam.
“Importantly, we are aiming to address a critical unmet market need for a rugged, durable product that is U.S. National Defense Authorization Act (NDAA)-compliant at a highly competitive price point, an essential requirement to enable high-volume scalability for both the defense and industrial 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.
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 is aiming to address a critical unmet market need for a rugged, durable product that is NDAA- compliant at a highly competitive price point, an essential requirement to enable high-volume scalability for both the defense and industrial markets. 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 investors, please use https://ir.mobilicom.com/
For company, please use www.mobilicom.com
For more information on Mobilicom's 8-inch Controller Pro and other innovative solutions, please contact:
Liad Gelfer
Mobilicom Ltd
FAQ
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