Emerging Markets Report: On the ATAK
KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) has announced the opening of an ATAK Centre of Excellence in Ottawa, enhancing the integration of its technology with the U.S. and NATO's battlefield management application, ATAK. This facility aims to support various governmental and defense contractor requests for technology integration and through-life support. Since being sponsored by U.S. military authorities for integration into ATAK, KWESST has received numerous inquiries for its expertise, prompting the company to ramp up operations to meet growing demand.
- Established ATAK Centre of Excellence in Ottawa to enhance technology integration.
- Increased demand from government agencies and defense contractors for integration services.
- Company is ramping up operations to meet the growing requests for ATAK technology support.
- None.
An Emerging Markets Sponsored Commentary
ORLANDO, Fla., April 07, 2021 (GLOBE NEWSWIRE) -- As regular readers know, we’ve been covering the achievements and execution of the business plan by KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) which is developing and commercializing high-value ultra-miniaturized technology applications that make a critical difference to the safety and operational effectiveness of personnel in the defence and security industries.
Basically they make weapon systems on the battlefield more effective, which means greater safety for soldiers and more lethal for their foes.
Before we break down on our perspective on these recent events including the opening of an ATAK Centre of Excellence in Canada to handle new business, we want to urge you in the strongest of terms to visit the Company’s astonishing website. This is not some start-up with a shell and a dream.
The technology is simply amazing. Click here to check it out.
Go ahead. We’ll wait.
But this recent piece of news about establishing the ATAK Centre of Excellence in Ottawa is yet another unique and significant step forward for a Company already trusted by major players in the industry of warfare. This new center will enhance integration of the Company’s proprietary technology, and will facilitate customer requirements for integration into the U.S. and NATO’s preeminent battlefield management application known as ATAK (Android Tactical Assault Kit).
ATAK is defined by the Company as an “Android geospatial and situational awareness system that provides users with a drop-down menu of approved operational applications for shared situational awareness. It is the pre-eminent system used by more than a dozen U.S. government agencies and many NATO allies and partner nations.”
Yep, the Company can name-drop NATO allies as its downline customer prospects.
Compelling as the aforementioned is or may be, we are focused on a quote in the same release from the president and CEO. As you’ll recall in the last release March 16th, 2021, the Company announced that it was officially sponsored by U.S. military authorities to integrate certain of the Company's networked soldier applications into ATAK.
According to KWESST’s CEO, that announcement required action, good action:
"Since then, (the previous press release) we have received many requests from government agencies and defence contractors in Canada and overseas to assist them with integrating their current or new applications into ATAK and providing through-life support," said Jeff MacLeod, KWESST President and CEO. He added that, "We are already engaged with a number of customers and have many others in the queue. As a result, we are ramping up a dedicated practice for this and leveraging our expertise in ATAK integration."
For us it’s the Company leaning into success, preparing to land new business if it comes, and making sure there is bandwidth for growth.
For a Company with a pretty strong pedigree in battlefield management systems integration we’d call it going on the ATAK.
About The Emerging Markets Report:
The Emerging Markets Report is owned and operated by Emerging Markets Consulting (EMC), a syndicate of investor relations consultants representing years of experience. Our network consists of stockbrokers, investment bankers, fund managers, and institutions that actively seek opportunities in the micro and small-cap equity markets.
For more informative reports such as this, please sign up at http://www.emergingmarketsllc.com/newsletter.php
Must Read OTC Markets/SEC policy on stock promotion and investor protection
- https://www.otcmarkets.com/learn/policy-on-stock-promotion
- https://www.otcmarkets.com/learn/investor-protection
- https://www.sec.gov/news/press-release/2017-79
- https://www.sec.gov/oiea/investor-alerts-bulletins/ia_promotions.html
Section 17(b) of the Securities Act of 1933 requires that any person that uses the mails to publish, give publicity to, or circulate any publication or communication that describes a security in return for consideration received or to be received directly or indirectly from an issuer, underwriter, or dealer, must fully disclose the type of consideration (i.e. cash, free trading stock, restricted stock, stock options, stock warrants) and the specific amount of the consideration. In connection therewith, EMC has received the following compensation and/or has an agreement to receive in the future certain compensation, as described below.
We may purchase Securities of the Profiled Company prior to their securities becoming publicly traded, which we may later sell publicly before, during or after our dissemination of the Information, and make profits therefrom. EMC does not verify or endorse any medical claims for any of its client companies.
EMC has been paid
Emerging Markets Consulting, LLC
Florida Office
390 North Orange Ave Suite 2300
Orlando, FL 32801
E-mail: jamespainter@emergingmarketsllc.com
Web: www.emergingmarketsllc.com
