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 is co-sponsoring the Military Robotics & Autonomous Systems 2023 conference in London on April 17-18, 2023. The company will showcase its comprehensive cybersecurity and communications solutions for drones and robotics, addressing the growing need for autonomous systems in modern warfare. Notable attendees include military decision-makers and global defense contractors. The military robotics market is projected to grow to $32.7 billion by 2030, driven by advancements in AI and machine learning.
Shoham, Israel, April 07, 2023 - Mobilicom Limited (ASX: MOB) announces its upcoming Annual General Meeting (AGM) scheduled for Tuesday, May 30, 2023. The deadline for nominations for the Director position is 5:00 PM (AEDT) on April 18, 2023. This nomination deadline is distinct from the voting process for Director election, with details to be disclosed in the AGM Notice.
Mobilicom is an end-to-end provider of cybersecurity and robust solutions tailored for drones, robotics, and autonomous platforms. The Company boasts patented technology and offers a diverse range of products utilized across various applications, aiming to expand its global customer base.
Mobilicom has been selected to represent the uncrewed autonomous systems (UAS) industry at the AUVSI Hill Day in Washington, DC on March 22, 2023. This event aims to engage policymakers on the significance of cybersecurity for the drone industry, emphasizing its role in military and civilian applications. CEO Oren Elkayam highlighted the importance of sharing insights to support the UAS industry's growth. Mobilicom is a leading provider of cybersecurity solutions for drones, with patented technology and a growing global customer base, including government and military sectors.
Mobilicom, a provider of cybersecurity solutions for drones, has successfully demonstrated artificial intelligence for wireless systems in collaboration with the Wireless Intelligent Networks (WIN) Consortium. The demonstration showcased device-to-device communication through mesh networks in a 5G environment, involving dynamic connections between multiple nodes including drones and ground vehicles relaying video. This initiative, funded by the Israeli Innovation Authority, aims to enhance technology for autonomous systems. Mobilicom anticipates this research will expand its intellectual property portfolio, improving future products for drones and robotics.
Shoham, Israel, March 8, 2023 – Mobilicom (Nasdaq: MOB, MOBBW) has been invited to exhibit its cutting-edge ICE Cybersecurity and autonomous drone solutions at the 11th Annual Unmanned & Autonomous Systems Summit in National Harbor, Maryland, on March 8-9. This marks the third consecutive year Mobilicom showcases its expertise at this event, facilitating interaction between military, government, and industry leaders. With a focus on addressing Small UAS threats, CEO Oren Elkayam highlights the urgent need for cybersecurity, citing that 90% of small drones used in Ukraine were lost after just three flights. The U.S. DoD's FY2022 budget allocated approximately $8.2 billion for unmanned systems.
Mobilicom Limited, trading on Nasdaq as MOB and MOBBW, announced a share buyback to enhance shareholder value following a strategic review of operations. With A$19 million in cash as of December 31, 2022, the buyback targets small investors holding less than A$500, allowing them to sell shares without brokerage costs. This move aims to streamline the company's cost management and potentially boost stock performance. Mobilicom provides cybersecurity and operational solutions for drones and robotics, supporting its growth in a competitive sector.
Mobilicom Limited has announced a strategic partnership with Mistral Inc. to enhance its market presence within the U.S. defense industry. This collaboration aims to integrate Mobilicom's advanced cybersecurity and robust solutions for drones and robotics into U.S. Department of Defense (DOD) requisitions. The U.S. DOD is projected to spend $2.6 billion on uncrewed systems in 2023, with a significant focus on aerial drones. Mobilicom believes this partnership will expand its revenue streams and facilitate access to government contracts, leveraging Mistral's extensive experience and relationships within military procurement processes.
Shoham, Israel, Feb. 06, 2023 – Mobilicom Limited (NASDAQ: MOB, MOBBW) has joined the AUVSI Cybersecurity Working Group, contributing to the development of cybersecurity standards for uncrewed systems. The group aims to enhance the safety of drones and robotics, with the release of baseline standards anticipated by May 2023. Mobilicom's cybersecurity solution, the ICE Cybersecurity Suite, is the world's first AI-based software system tailored for small drones and robotics. CEO Oren Elkayam emphasizes the importance of collaboration in establishing strong cybersecurity standards. The company's vast experience in defense applications enhances the group's efforts to implement practical standards.
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.