Welcome to our dedicated page for Mobilicom news (Ticker: MOBBW), a resource for investors and traders seeking the latest updates and insights on Mobilicom stock.
Mobilicom Limited (Nasdaq: MOB, MOBBW) is a provider of cybersecure, robust solutions for defense and commercial drones and robotics, and its news flow reflects this focus. Company announcements highlight design wins, production orders, partnerships, regulatory developments, and investor-related events that relate directly to its cybersecurity and communications technologies for unmanned systems.
Readers of this news page can see updates on Mobilicom’s product deployments and customer engagements, such as orders from Tier-1 drone and robotics manufacturers, design wins for platforms used in protection and security missions, and integrations of its technologies into remote-controlled weapon systems and other autonomous platforms. The company also reports on the use of its solutions, including SkyHopper PRO datalinks, MCU Mesh Networking, ICE Cybersecurity Suite, and ground control stations, in projects across different regions.
Mobilicom’s news releases also cover the evolution of its cybersecurity offerings, including the Secured Autonomy™ Framework and OS3 cybersecurity software, and how these relate to new regulatory frameworks and cybersecurity requirements for defense and autonomous systems. In addition, investors can find information on financial updates furnished via press releases, participation in investment conferences, and changes to the company’s capital markets structure, such as the transition from American Depositary Shares to directly listed ordinary shares on Nasdaq.
This page aggregates these company-issued updates so that followers of Mobilicom can review its reported operational milestones, product launches, regulatory context, and capital markets communications in one place.
Mobilicom has released its Q4 FY22 Activities Report, showcasing growth in the drone and robotics sector. The company secured a new Tier-1 customer, raising its total to eight, and received numerous new orders, confirming its strength in the market. Key highlights include a cash balance of A$19 million and a confirmed order backlog of A$620,000 for H1 CY23. The SkyHopper Micro was selected by a major Tier-1 manufacturer for integration into its drone platform. Mobilicom's cybersecurity solutions are also gaining traction, underlining its position in the defense sector. The company anticipates significant order volumes from its 44 design wins moving towards commercialization.
Mobilicom has secured an initial purchase order exceeding $100,000 from a large Tier-1 Asia-based drone manufacturer, illustrating its growing presence in the market. This order is a significant design win and includes three product families: MCU mesh networking, SkyHopper Datalinks, and mobile ground control stations. The new customer aims to expand its drone line, indicating future revenue potential for Mobilicom. The company has now partnered with 8 Tier-1 manufacturers globally, targeting a market projected to reach $8.5 billion by 2026.
MOB, MOBBW announced the appointment of Udi Altshuler as General Manager of Mobilicom Israel, effective Nov. 8, 2022. Altshuler brings over 25 years of experience in the cyber and defense sectors, having previously served as COO at GuardKnox and held senior roles at several major defense firms. His expertise is expected to enhance product development and commercialization of Mobilicom’s ICE cybersecurity software. The management change follows the departure of COO Ofer Laufer, who contributed significantly to operational infrastructure. Mobilicom aims to leverage existing relationships with Tier-1 OEMs.
Mobilicom has successfully listed on NASDAQ under the ticker symbol MOB after an oversubscribed IPO raising A$19.2 million, strengthening its operations in the US drone market. The company confirmed an order backlog of A$790,000 and received a new A$408,000 R&D grant from Space Florida for developing a Multi-Link communication system. Additionally, it launched the SkyHopper Micro to facilitate mass deployment of drone fleets and ended September 2022 with a robust cash balance of A$22.2 million, ensuring ample resources for growth.
Mobilicom Limited (NASDAQ: MOB, MOBBW) has fulfilled its initial SkyHopper COMBO order from the Israel Ministry of Defense (IMOD), valued at approximately A$92,000 (US$58,000). This order marks the start of a new fleet deployment program for IMOD's small drone solutions aimed at intelligence and reconnaissance applications. The company anticipates a high likelihood of repeat orders as IMOD commercializes its drone fleet, showcasing Mobilicom’s capabilities in secure communications and cyber-resilient environments.
Mobilicom Limited (NASDAQ: MOB, MOBBW) has expanded its SkyHopper product line with the launch of SkyHopper Micro, a bi-directional data link aimed at small drone fleets for high-demand applications like commercial inspections and disaster relief. Developed in partnership with Tier-1 manufacturers, the product meets the NDAA compliance required by US Government agencies. Equipped with ICE Cybersecurity software, it supports long-range communication and offers secure data transmission up to 5km, enhancing operational efficiency and reducing costs for users.
Shoham, Israel, Oct. 19, 2022 - Mobilicom, a provider of cybersecurity solutions for drones and robotics, announced that CEO Oren Elkayam will present at the 2022 ThinkEquity Conference on October 26, 2022, in New York. The conference is expected to host over 700 attendees from various sectors, including technology and biotechnology. Elkayam's presentation will focus on the company's competitive position, growth strategy, and future prospects. Attendees can schedule one-on-one meetings with the CEO and finance director Liad Gelfer.
Mobilicom has secured a new R&D grant from Space Florida to enhance drone communication systems, addressing US drone regulations. Allocated $282,000 from a total of $993,000, the funds will aid in developing the Multi-Link (MLU) communications system. This solution incorporates triple-link redundancy via SDR, Cellular, and Satellite, improving drone operations in remote areas. The grant promotes collaboration with Censys Technologies, a key US drone manufacturer, as both companies aim to cater to the growing demand for long-range drone delivery and inspection capabilities.
Mobilicom Limited (NASDAQ: MOB) has received a $390,000 purchase order from a leading US commercial drone manufacturer. This order follows successful design and field trials, indicating strong business prospects and a likelihood of repeat orders. Mobilicom aims to expand its presence in the US, the largest market for commercial and defense drone applications. They currently hold 38 design wins, reflecting confidence in their smart solutions for unmanned systems, particularly in sectors like agriculture and public safety.
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