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 Ltd (MOB) specializes in cybersecure smart solutions for drones, robotics, and autonomous systems across defense and commercial markets. This news hub provides investors and industry professionals with essential updates on the company’s strategic developments.
Access real-time press releases covering product innovations, regulatory milestones, and partnership announcements. Our curated collection includes earnings reports, technology launches, and market expansion updates – all critical for understanding MOB’s position in the cybersecurity and autonomous systems sector.
Key focus areas include updates on integrated hardware/software solutions, cybersecurity advancements for uncrewed platforms, and deployments in mission-critical environments. Content is organized to highlight operational achievements while maintaining compliance with financial disclosure standards.
Bookmark this page for streamlined access to Mobilicom’s official communications. Check regularly for updates on emerging technologies and industry partnerships that drive the company’s growth in autonomous systems infrastructure.
Mobilicom (Nasdaq: MOB, MOBBW), a cybersecurity and robust solutions provider for drones and robotics, has regained compliance with Nasdaq's minimum bid price requirement. The company received formal notice from Nasdaq confirming its compliance with all applicable listing standards, allowing its American Depositary Shares (ADSs) to continue trading on the Nasdaq Capital Market.
Mobilicom had previously been notified on June 25, 2024, of its failure to maintain a minimum bid price of $1.00 for 30 consecutive business days. The company successfully met the requirement by maintaining a closing bid price of $1.00 or more for 10 consecutive trading days from July 5 to July 18, 2024, well ahead of the December 23, 2024 deadline provided by Nasdaq.
Mobilicom (Nasdaq: MOB) has received a follow-on order for its SkyHopper PRO datalink system from a major U.S.-based drone manufacturer. This client, with annual sales exceeding $5 billion, supplies drones to the U.S. defense market, including the Department of Defense. SkyHopper PRO, chosen over four competitors after field testing, offers secured cognitive SDR technology with superior performance in harsh environments and the best performance-to-SWaP-C in the market.
Mobilicom expects further orders as the global drone data link market is projected to grow at a CAGR of 25%, reaching $18 billion by 2030. The current order is valued at approximately $500,000, anticipating future larger orders.
Mobilicom has received a notification from Nasdaq indicating non-compliance with the minimum bid price requirement, as its ADSs have closed below $1.00 for 30 consecutive trading days.
The company has until December 23, 2024, to regain compliance with the minimum bid price by achieving a closing bid price of $1.00 or above for at least 10 consecutive business days.
If Mobilicom fails to do so within this period, it may qualify for an additional 180-day compliance period provided it meets other listing standards. The notice has no immediate effect on the company's Nasdaq listing or trading of its ADSs.
BioVie and Mobilicom will be featured on the RedChip Small Stocks, Big Money™ show on Bloomberg TV, airing June 22 at 7 p.m. ET. BioVie's CEO, Cuong Do, discusses the company's late-stage clinical programs targeting neurodegeneration and liver disease, highlighting their lead asset, bezisterim, which has shown promising results in clinical trials for Parkinson's and Alzheimer's diseases. Key milestones include a Phase 2b trial for Parkinson's in Fall 2024 and a Phase 3 trial for Alzheimer's in mid-2025.
Mobilicom's CEO, Oren Elkayam, will talk about their investment opportunities. Mobilicom's products, like SkyHopper Datalinks and the ICE Cybersecurity Suite, have led to significant market penetration, with 50 customers in 18 countries. The company achieved 43% revenue growth and a 59% gross margin in 2023, ending the year with $8.4 million in cash, indicating a solid financial position to execute their strategic plans.
Mobilicom, a provider of cybersecurity solutions for drones and robotics, announced a follow-on order for its 10” Ground Control Station (GCS) from a top loitering munitions provider. This provider has annual revenues of $4 billion and serves clients including Lockheed Martin and various NATO countries. The GCS market is projected to grow to $26.56 billion by 2030, with a CAGR of 23%. Mobilicom’s solutions, including the GCS and SkyHopper PRO Micro datalink, offer military-grade performance and NDAA compliance. The $240,000 order reflects Mobilicom’s growth in the UAV market, driven by increasing global demand for drones.
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.
Mobilicom's CEO, Oren Elkayam, will participate in a fireside chat at the Maxim Group Virtual TMT Conference on June 5, 2024. Mobilicom provides cybersecurity and robust solutions for drones and robotics, targeting a market expected to reach $8.5 billion by 2026. The company's clientele includes major Tier-1 drone manufacturers that supply to leading defense organizations globally. The event will be live on M-Vest, and interested individuals can sign up on the platform to attend.
Mobilicom (Nasdaq: MOB, MOBBW), a provider of cybersecurity and robust solutions for drones and robotics, announced a third consecutive commercial scale order from a Tier-1 U.S.-based drone manufacturer. The order involves Mobilicom's SkyHopper PRO, a secure Software Defined Radio (SDR) datalink system, integrated into drones for the U.S. Department of Defense (DoD) and other federal agencies. This recurring order underlines the growing relationship and scalability with the manufacturer, suggesting potential for future orders as the manufacturer's drone sales expand.
Mobilicom , a cybersecurity and solutions provider for drones and robotics, is hosting an exclusive live investor webinar on May 9, 2024. The event will feature Mobilicom's Founder and CEO discussing recent successes and growth initiatives. Investors can participate in a live Q&A session with Elkayam. Registration is open for the free webinar.
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