Wexford Capital LP and affiliated reporting persons state they beneficially own 666,376 Ordinary Shares of LIMITED, representing 5.27% of the class. The filing says this percentage is calculated using 12,633,371 Ordinary Shares outstanding as of March 22, 2026. The report attributes voting and dispositive authority to Wexford Capital, Wexford GP, Charles E. Davidson and Joseph M. Jacobs with shared voting and dispositive power; the Wexford Funds hold the securities and the Reporting Persons disclaim beneficial ownership except to the extent of pecuniary interests.
Mobilicom Limited filed a Form 6-K highlighting a new customer design win in the Asia-Pacific region for Intelligence, Surveillance and Reconnaissance (ISR) drone platforms. The initial order covers Mobilicom’s end-to-end systems, extending its presence into a new strategic APAC market for unmanned systems.
The customer chose Mobilicom’s 10” Ground Control System, SkyHopper PRO and SkyHopper Multiband datalinks, which are designed to provide robust, secure and resilient communications for demanding ISR missions. Management views this first integration as a potential gateway to additional opportunities as these ISR platforms are deployed.
Mobilicom Limited has terminated its at-the-market (ATM) share sales facility that was originally entered into in February 2025. The company cites a stronger financial position, including $19 million in cash and a low monthly burn rate, as key reasons for no longer needing this financing source.
Management says favorable results for the year ended December 31, 2025 and ramp-up of a U.S. Tier‑1 drone customer tied to a U.S. Department of Defense program, along with broader customer momentum, give it confidence to fund organic growth without relying on the ATM facility.
Mobilicom Limited reported 2025 results showing modest revenue growth but a much larger loss alongside a stronger cash position. Revenue for the year ended December 31, 2025 rose slightly to $3.36M from $3.18M, while EBITDA was a loss of $3.98M compared with a $3.19M loss in 2024.
Net loss deepened to $23.72M from $8.01M, driven by higher operating expenses of $11.88M and net financial expenses of $13.71M. Management highlighted an estimated 41% reduction in monthly operating cash burn to about $159K.
Cash and cash equivalents increased to roughly $19.0M as of December 31, 2025, up from $8.59M, helped by about $12.6M from warrant exercises and equity raises. Total assets were $20.74M and equity stood at $8.82M. The company also emphasized new Tier-1 defense wins and its Secured Autonomy™ cybersecurity framework as strategic growth drivers.
Mobilicom Limited files its annual Form 20-F reporting a net loss of $23,724,950 for the year ended December 31, 2025, compared with a $8,010,358 net loss in 2024.
The company effected a 1-for-275 reverse share split and a mandatory ADS-for-ordinary-share exchange, leaving 12,213,935 ordinary shares outstanding as of December 31, 2025. It also changed its presentation and functional currency from AUD to USD in 2024 and prepares financials under IFRS.
Mobilicom qualifies as an emerging growth company and highlights extensive risk factors, including ongoing losses, heavy R&D needs, dependence on Israeli IIA grants, currency and macro volatility, competition in drones and robotics cybersecurity, product liability and cybersecurity risks, and political and military instability affecting its Israeli operations.
Mobilicom Limited filed a Form 6-K to furnish a press release announcing that its drone and robotics cybersecurity, hardware, and software solutions have been included in the FCC’s first batch of “Trusted Drones” as determined by the U.S. Department of War. This designation exempts Mobilicom’s product portfolio from Covered List restrictions that otherwise prohibit import and sale of certain foreign-made drones and critical components into the U.S. through the end of 2026.
Mobilicom is one of only four companies granted this initial exemption and the only one with multiple products covered, including its SkyHopper product family, Mobile Ground Control Stations, OS3 cybersecurity software, and ICE electronic warfare and datalink cybersecurity software. The company plans to expand production capacity and aims to manufacture its cybersecure mission-critical systems in the U.S. by the end of 2026 to align with Made-in-America requirements and support growing demand from U.S. defense and federal markets.
Mobilicom Ltd VP of Research and Development Yossi Segal reported his initial ownership position. He holds 572,154 Ordinary Shares, 600,000 Restricted Share Units, and options over 33,144 Ordinary Shares at an exercise price of $1.4257 expiring on May 31, 2033.
According to the footnotes, the 600,000 restricted share units vest in five equal installments between April 1, 2026 and April 1, 2027, subject to continued service. Of the reported options, 16,572 are already vested and exercisable, with the remainder vesting on May 31, 2026, also conditioned on continued service.
Mobilicom Ltd director and Chief Executive Officer Oren Elkayam reported his initial ownership on a Form 3. He directly holds 115,368 Ordinary Shares. He also holds options to purchase Ordinary Shares, including options over 66,288 shares at an exercise price of $1.4257 expiring on May 31, 2033, and options over 1,080,000 shares at an exercise price of $5.90 expiring on December 1, 2030. According to the footnotes, a portion of these options is already fully vested and exercisable, while the remaining options will vest over time subject to his continued service.
Mobilicom Ltd director Liat Caner reported existing derivative holdings in a Form 3. The filing shows options to purchase 30,000 ordinary shares at an exercise price of 5.9000 per share, expiring on December 1, 2030. According to the footnotes, 2,500 options are already vested and exercisable, and the remaining options will vest in eleven equal quarterly installments between March 29, 2026 and September 29, 2028, subject to continued service. All options are held directly.
Mobilicom Ltd executive Liad Gelfer filed an initial ownership report showing a mix of shares, restricted units, and stock options. The filing lists 10,000 Ordinary Shares held directly and 40,000 Restricted Share Units (RSUs) that vest in stages between February 15, 2027 and August 1, 2029, subject to continued service.
The report also shows stock options over 3,636 Ordinary Shares at an exercise price of $14.1700, fully vested and exercisable until July 3, 2026, and options over 12,726 Ordinary Shares at an exercise price of $1.4371, of which 8,484 are fully vested with the remainder vesting on August 2, 2026, if employment continues.