Welcome to our dedicated page for DEFSEC Technologies SEC filings (Ticker: DFSC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
DEFSEC Technologies Inc. files as a Canadian foreign private issuer, with Form 6-K reports furnishing press releases, interim financial statements, management discussion and analysis, and officer certifications. The filings document the company's tactical-systems business, including BLISS and BLDS laser-detection products, DEFSEC Lightning SaaS, TAK-based situational-awareness integration, countermeasure products, and PARA SHOT less-lethal technology.
DEFSEC's regulatory record also covers restated interim statements related to lease accounting, incorporation of 6-K exhibits into Form F-3 registration statements, annual meeting results, auditor and incentive-plan approvals, board changes, executive appointments, and the company's historical identity as KWESST Micro Systems Inc.
DEFSEC Technologies Inc. is offering 673,006 Common Shares at CAD$3.74 per share and, in a concurrent private placement, is issuing 673,006 Warrants exercisable at CAD$4.39 (five-year term, immediately exercisable). Placement agent H.C. Wainwright & Co. will receive a 7.5% cash fee and placement agent warrants to purchase 50,475 Common Shares at CAD$4.675.
The prospectus states net proceeds expected to the company of approximately US$1.5 million. Shares outstanding following the Offering are shown as 2,666,632 Common Shares. The prospectus discloses a public float of US$9.82 million based on 1,984,819 Common Shares held by non-affiliates as of June 24, 2026.
DEFSEC Technologies Inc. has entered into definitive agreements for a registered direct offering of 673,006 common shares at CAD$3.74 (US$2.63) per share, for expected gross proceeds of about CAD$2.5 million before fees and expenses. In a concurrent private placement, the company will issue unregistered warrants to purchase up to 673,006 common shares at an exercise price of CAD$4.39 per share, exercisable immediately and expiring five years after issuance.
The closing is expected on or about June 26, 2026, subject to customary closing conditions, with H.C. Wainwright & Co. acting as exclusive placement agent. DEFSEC plans to use the net proceeds for working capital and general corporate purposes, with the common shares offered under an effective Form F-3 shelf registration statement, while the warrants are being sold under a private placement exemption.
DEFSEC Technologies Inc. is raising new equity through a registered direct offering of 673,006 common shares at CAD$3.74 (US$2.63) per share, for expected gross proceeds of about CAD$2.5 million before fees and expenses. In a concurrent private placement, the company will issue unregistered warrants to purchase up to 673,006 common shares at an exercise price of CAD$4.39 per share, exercisable immediately and expiring five years after issuance. Closing is expected on or about June 26, 2026, subject to customary conditions and TSX Venture Exchange approval. DEFSEC plans to use the net proceeds for working capital and general corporate purposes.
DEFSEC Technologies reported much stronger Q2 Fiscal 2026 revenue but remains loss-making with material going concern risks. Revenue for the quarter rose 68% year over year to $2.12 million, driven mainly by digitization services for Canadian defence programs. Six‑month revenue reached $3.43 million, while the net loss for the same period was $4.11 million and Adjusted EBITDA loss was $3.62 million. Cash and cash equivalents fell to $2.95 million and working capital to $3.59 million, reflecting ongoing negative operating cash flows. Management explicitly highlights that continued operations depend on securing additional orders, successfully launching new products such as DEFSEC Lightning 2.0 and PARA SHOT, and raising further debt or equity financing, noting conditions that cast substantial doubt on the company’s ability to continue as a going concern.
DEFSEC Technologies Inc. reports strong Q2 Fiscal 2026 growth in defence software and key product launches. Revenue for the three months ended March 31, 2026 rose to $2,119.7 thousand from $1,264.2 thousand, while gross margin improved to $626.0 thousand. Revenue from subcontract task orders under its Canadian defence software programs increased 81% versus Q2 Fiscal 2025, with combined multi‑year workshare on these programs of up to $75 million. Adjusted EBITDA remained negative at a loss of $1,738.3 thousand, and cash and short‑term investments declined to $2,998.5 thousand from $6,733.9 thousand as of September 30, 2025.
Operationally, DEFSEC ramped headcount on its DSEF and Land C4ISR programs from 19 to 43 resources year over year, driving program billings on an annualized go‑forward basis of approximately $9.41 million. The company achieved its first sale of PARA SHOTTM ammunition, released its DEFSEC SaaS product for Critical Incident Management Systems, and secured adoption of its ARWEN® 37 platform and new ARWEN® 40mm ammunition by a U.S. law‑enforcement customer. DEFSEC also granted 151,552 stock options at an exercise price of $6.75, vesting over one year.
DEFSEC Technologies Inc. ownership disclosure: Clear Street LLC reports beneficial ownership of 371,288 shares of Common Stock, representing 18.6% of the class. The filing states Clear Street has sole voting and sole dispositive power over the 371,288 shares. The filing is signed by John DiBacco, Head of Markets Trading with a signature date of 05/13/2026.
DEFSEC Technologies Inc. announced the commercial release of its DEFSEC Lightning next-generation real-time situational awareness system for critical incident response. The cloud-hosted, TAK-based SaaS platform is designed to give police, fire and EMS personnel a shared operating picture on their existing devices.
Lightning is offered on a subscription basis ranging from approximately CAD $15 to $50 per end-user device per month, depending on configuration and service level. DEFSEC has already onboarded its first subscription customer, an Ontario border police agency, and aims to leverage its ARWEN less-lethal customer base and expand into defence applications, including Canadian Armed Forces and joint Arctic operations.
DEFSEC Technologies Inc. filed a Form 6-K highlighting shipment of two new networked BLISS (Battlespace Laser Identification Sensor System) units to the U.S. Army Yuma Test Center for test and evaluation. BLISS is an enhanced, networked version of the company’s earlier BLDS laser detection system.
The patent-pending BLISS platform uses miniaturized sensors on vehicles, infrastructure or personnel to detect laser activity across the battlespace and share warnings in real time. It captures and analyzes laser pulse signatures to help identify source, intent and affiliation, supporting faster tactical decisions and improved survivability.
DEFSEC plans to brief domestic and foreign delegations on BLISS at Canada’s CANSEC defence and security show on May 27–28, 2026 in Ottawa. The filing also reiterates DEFSEC’s broader portfolio in tactical digitization, countermeasures against electronic, laser and drone threats, and its PARA SHOTTM less‑lethal product line, alongside customary forward‑looking statement cautions.
DEFSEC Technologies Inc. filed a report highlighting changes to its board of directors. Veteran defence executive David Ibbetson, former General Manager of General Dynamics Mission Systems International, has joined the board, bringing more than 35 years of aerospace and defence experience and extensive global program leadership.
The company also announced that director Paul Mangano has retired from the board to create room for a seasoned Canadian executive aligned with DEFSEC's strategy to expand its role in Canada's Defence Industrial Strategy and large-scale defence programs.
DEFSEC Technologies Inc. is introducing its Battlespace Laser Identification Sensor System (BLISS™), a next-generation laser threat detection and identification platform with a companion software suite. BLISS builds on the company’s Battlefield Laser Detection System, adding enhanced sensing, emitter identification and networked battlespace awareness.
Initial BLISS units are scheduled for delivery to a U.S. Army armored vehicle program in the coming month for trial use, following earlier BLDS testing. DEFSEC has filed a provisional patent application for newly developed BLISS technology and is completing two associated software applications, including a threat-analysis tool already being shipped to the U.S. Army and a plug-in expected to be ready for demonstrations in May 2026.