Welcome to our dedicated page for DEFSEC Technologies news (Ticker: DFSC), a resource for investors and traders seeking the latest updates and insights on DEFSEC Technologies stock.
DEFSEC Technologies Inc. develops and commercializes next-generation tactical systems for military, security and public-safety users. Company news centers on BLISS, its Battlespace Laser Identification Sensor System, the earlier BLDS laser-detection system, DEFSEC Lightning real-time situational awareness software, TAK-based integration, drone and electronic-detection countermeasures, and the PARA SHOT less-lethal product line.
Updates also cover product shipments for U.S. military evaluation, SaaS subscription activity for Lightning, financial results and MD&A-related announcements, restated interim statements, annual meeting outcomes, incentive-plan and auditor approvals, and board or executive appointments tied to governance and defense-industry commercialization.
DEFSEC Technologies (NASDAQ: DFSC) reported Q2 Fiscal 2026 revenue of $2.12 million, up 68% year-over-year, with government subcontract task order revenue up 81%. Gross margin rose to $626k, and gross margin percentage increased 19% over Fiscal 2025.
Defense program billings reached an annualized run-rate of about $9.41 million. Cash and short-term investments were $3.0 million, with trade receivables of $2.0 million. The company highlighted first PARA SHOT sales, BLISS prototype deliveries, DEFSEC Lightning SaaS release, and commercial launch of ARWEN 40mm ammunition, plus a new U.S. law-enforcement customer.
DEFSEC (TSXV: DFSC, NASDAQ: DFSC) announced on May 6, 2026 the commercial release of Lightning™, a TAK-based, cloud-hosted real-time situational awareness SaaS for first responders and defence use. Pricing is CAD $15–$50 per end-user/month. Initial customer onboarding has begun and multiple patents are pending.
The platform supports real-time location, encrypted multimedia, sensor fusion, interoperability, and mission-specific toolkits for GSAR and sniper/surveillance workflows.
DEFSEC (TSXV/NYSE: DFSC) shipped two new networked BLISS (Battlespace Laser Identification Sensor System) units to the U.S. Army Yuma Test Center on April 29, 2026, for test and evaluation. BLISS is a patent-pending, enhanced, networked evolution of the earlier BLDS system designed to detect and share laser-warning data across the battlespace.
The miniaturized sensors can mount on vehicles, infrastructure, or personnel, capture laser pulse signatures to help identify source and intent, and will be showcased at CANSEC on May 27-28, 2026.
DEFSEC (NASDAQ:DFSC, TSXV:DFSC) announced board changes on April 20, 2026: David Ibbetson, former General Manager of General Dynamics Mission Systems International, joined the board, and director Paul Mangano retired. The moves aim to strengthen DEFSEC's strategic leadership and support increased participation in Canada’s Defence Industrial Strategy.
DEFSEC (TSXV: DFSC / NASDAQ: DFSC) announced BLISS, a next-generation Battlespace Laser Identification Sensor System with a companion software suite and a provisional patent application filed for new technology.
Initial sample BLISS units are scheduled for delivery to the U.S. Army in the coming month as the follow-on to prior BLDS testing; a plug-in demo is planned for May 2026.
DEFSEC Technologies (TSXV: DFSC; NASDAQ: DFSC) reported results from its 2026 Annual and Special Meeting held February 19, 2026. Shareholders approved setting the Board at seven directors, elected all director nominees, appointed MNP LLP as auditor, and approved the Company's amended long term incentive plan.
Resolutions were adopted as detailed in the Company's amended and restated management information circular dated January 14, 2026. Contact information for CFO Jennifer Welsh, CEO Sean Homuth and Investor Relations Jason Frame was provided.
DEFSEC Technologies (NASDAQ:DFSC, TSXV:DFSC) reported strong Q1 Fiscal 2026 results with revenue up 47% to $1.308 million and improved profitability metrics versus Q1 Fiscal 2025. Gross profit was $404.7k, net loss narrowed to $2.083 million, and EBITDA loss improved to $1.868 million.
The company reported cash of $5.037 million at Dec 31, 2025, and said annualized program billings reached approximately $9.01 million in February 2026 with near-term growth to about $9.92 million. DEFSEC also closed a registered direct offering and recorded its first DEFSEC Lightning SaaS subscription.
DEFSEC Technologies (NASDAQ: DFSC / TSXV: DFSC) announced the appointment of Elisabeth Preston as Senior Vice-President and Chief Legal Officer on February 2, 2026.
Preston brings private and public defence and security experience, cross-border U.S.-Canada transaction expertise, and international relationship management skills. Management said she will support the company’s ongoing growth.
DEFSEC Technologies (TSXV: DFSC / NASDAQ: DFSC) voluntarily filed restated unaudited condensed consolidated interim financial statements for the three and nine months ended June 30, 2025 and 2024 and a related Restated MD&A.
The adjustments correct the initial measurement of right-of-use assets, lease liabilities and lease-related prepayments for a June 2025 lease; changes were limited to the interim statements of financial position and notes. There was no change to net loss, cash flows or shareholders' equity, and working capital as at June 30, 2025 increased by $0.2 million. Documents are available on SEDAR+.
DEFSEC Technologies (TSXV: DFSC; NASDAQ: DFSC) appointed Niel Marotta to its board effective January 23, 2026 and increased the board size from six to seven directors.
The company filed an amended and restated notice and management information circular to reflect the director addition, treatment of previously received proxies, and a revised annual and special meeting date moved from February 12, 2026 to February 19, 2026. Original proxies already submitted remain valid and will be used to vote FOR fixing the board at seven directors and FOR the election of Niel Marotta unless a shareholder submits the amended proxy to vote AGAINST or WITHHOLD.