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Mobilicom Limited - $MOB STOCK NEWS

Welcome to our dedicated page for Mobilicom news (Ticker: $MOB), a resource for investors and traders seeking the latest updates and insights on Mobilicom stock.

Mobilicom Limited (Nasdaq: MOB) is a pioneering provider of cybersecurity and advanced solutions tailored for the drone, robotics, and autonomous platform industries. As a high-tech enterprise, Mobilicom specializes in the design, development, and deployment of innovative technologies aimed at manufacturers of global drone, robotics, and autonomous systems.

Mobilicom’s extensive portfolio includes both software and hardware solutions that ensure operational safety, security, and efficiency. One of their latest offerings, the MCU-70, is a cybersecure software-defined radio that enhances communication capabilities for mid-sized and long-range unmanned aerial vehicles (UAVs). This product is notable for its superior size-to-performance ratio and has broad applications across various drone and robotics platforms.

Recently, Mobilicom launched the OS3 Platform, a comprehensive software system designed to deliver Operational Security, Safety, and Standards compliance for commercial and defense uncrewed drones and robotics. This platform operates on NVIDIA AI computing frameworks and includes OS3 Edge for local mission fortification and OS3 Cloud for remote fleet management, thus providing unparalleled control and security across entire fleets.

Mobilicom has made significant strides in expanding its market presence in the United States and continues to grow its product line and business activities. With a sales backlog of $1.4 million and $8.4 million in cash at the end of 2023 coupled with an additional $3 million fund raise in January, the company is well-positioned for a strong financial start in 2024. Mobilicom anticipates substantial growth through repeat orders and new contracts.

Partnering with giants like Airbus, Mobilicom has demonstrated the robust capacity of its systems to handle HD video and high-speed data transmission over long ranges. The company's end-to-end solutions are utilized in mission-critical functions by more than 50 customers worldwide, including some of the largest drone manufacturers.

Mobilicom is also actively engaged in industry events, such as the AUVSI XPONENTIAL 2024 trade show, where it showcases its cutting-edge technologies. Investors and stakeholders are encouraged to participate in webinars and other informative sessions hosted by the company to gain insights into its growth initiatives and market strategies.

Mobilicom's mission is clear: to lead the field in cybersecure and robust solutions for the expanding global drone and robotics market. Through continued innovation and strategic partnerships, Mobilicom aims to set new industry standards and drive the future of autonomous systems.

Rhea-AI Summary
Mobilicom Limited (NASDAQ: MOB, MOBBW) receives a $900,000 purchase order from a Tier-1 global defense technology company, drone manufacturer, and one of the world’s largest producers of loitering munitions. The order marks the customer’s shift from a design win phase into the beginning of large-scale manufacturing orders. Mobilicom’s SkyHopper Pro Micro is integrated into this loitering munition platform, a micro-sized drone optimized for use in urban settings. High replacement rates of loitering munitions are expected to drive follow-on orders and further demand. The loitering munitions market is forecasted to grow exponentially in the coming years. SkyHopper Pro Micro offers the best size-to-performance form factor in the industry at 50% of the size of the closest comparable competitor and at a fraction of the price. Mobilicom CEO and Founder Oren Elkayam believes that these wins position Mobilicom’s solutions as best-of-breed, particularly in the high-growth small-sized loitering munition market.
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Mobilicom Limited announces exclusive trading on Nasdaq Capital Market
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Mobilicom to showcase solutions at AUSA Annual Meeting
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Mobilicom receives $250,000 grant from Space Florida to develop improved 'beyond visual-line-of-sight' drone operations.
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Mobilicom receives initial purchase order for ground control and mesh networking products from a major European defense contractor
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Mobilicom secures design win and $150,000 purchase order with new customer in the drone industry.
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Mobilicom shares to trade exclusively on Nasdaq, delisting from ASX
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Mobilicom's Head of Product Management and Marketing, Danny Lev, will be a featured expert guest on a webinar hosted by AUVSI titled 'Security by Design'.
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FAQ

What does Mobilicom Limited do?

Mobilicom Limited provides cybersecurity and advanced solutions for drones, robotics, and autonomous platforms.

What are some of Mobilicom's recent product launches?

Recent products include the MCU-70, a cybersecure software-defined radio, and the OS3 Platform for Operational Security, Safety, and Standards compliance.

How is Mobilicom expanding its market presence?

Mobilicom is expanding its U.S. market presence and growing its product line and market segments.

What financial position does Mobilicom hold?

Mobilicom ended 2023 with $8.4 million in cash, raised an additional $3 million in January, and has a $1.4 million sales backlog.

What partnerships has Mobilicom formed?

Mobilicom has partnered with major companies like Airbus, demonstrating robust data communication capabilities over long ranges.

Who are Mobilicom's customers?

Mobilicom serves over 50 customers globally, including some of the largest drone manufacturers in mission-critical functions.

What events does Mobilicom participate in?

Mobilicom participates in industry events like the AUVSI XPONENTIAL trade show and hosts informative webinars for investors.

What is the significance of the OS3 Platform?

The OS3 Platform ensures operational security, safety, and standards compliance for commercial and defense uncrewed drones and robotics.

What is the MCU-70?

The MCU-70 is a cybersecure software-defined radio designed for mid-sized and long-range unmanned aerial vehicles.

How can investors get more information about Mobilicom?

Investors can visit Mobilicom’s investor relations site at https://ir.mobilicom.com/ for more details.

Mobilicom Limited

Nasdaq:MOB

MOB Rankings

MOB Stock Data

4.36M
1.38B
14.65%
9.81%
Telephone Apparatus Manufacturing
Manufacturing
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United States of America
Shoham