Mobilicom Secures Production Orders From U.S. Customer for Use in High Payload Long Range Drones

Rhea-AI Summary

Mobilicom (MOB) has received initial production-scale orders for its SkyHopper Pro datalinks from a U.S.-based drone manufacturer serving defense and commercial customers globally. The SkyHopper Pro has been integrated into high payload long range drones and functions as a cybersecure cognitive Software Defined Radio datalink, providing long-range non-line-of-sight communications with multiple transmission modes.

The technology supports point-to-point and point-to-multipoint communications with multiple viewers and offers built-in flexibility for optimization. The company expects additional production scale orders as these drones gain wider adoption among end users.

Positive

• Secured production-scale orders from U.S.-based drone manufacturer
• Product integration into high-payload long-range drones for defense and commercial use
• Potential for additional production scale orders from growing end-user adoption

Negative

• None.

Insights

Tech Expert

The SkyHopper Pro integration into high-payload drones represents a significant technological advancement in drone communications. The Software Defined Radio datalink technology offers critical capabilities like N-LOS communications and multi-transmission modes, essential for defense applications. The system's ability to handle point-to-multipoint communications with multiple viewers suggests robust scalability. The cybersecure features are particularly valuable given increasing concerns about drone security. While the initial order size isn't disclosed, the potential for recurring production orders from defense and commercial sectors indicates promising revenue growth potential for Mobilicom. The U.S. market entry is strategically important, especially in the defense sector where reliable, secure communications are paramount.

Market Research Analyst

This production order marks a meaningful commercial milestone for Mobilicom in the U.S. market. The defense and commercial drone sectors represent high-value markets with substantial growth potential. While the order value isn't specified, securing a U.S.-based manufacturer that serves global defense customers could lead to significant follow-on orders. The company's 14.48M market cap suggests this contract could materially impact revenues if it scales as anticipated. The focus on high-payload long-range drones indicates positioning in the premium segment of the market, where margins are typically higher. The combination of cybersecurity features and advanced communication capabilities addresses critical market needs, potentially creating a competitive advantage.

SHOHAM, Israel, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Mobilicom Limited (Nasdaq: MOB, MOBBW), a provider of cybersecurity and robust solutions for drones and robotics, today announced it has secured its latest initial production-scale orders for its cybersecure SkyHopper Pro datalinks from an innovative U.S.-based drone designer and manufacturer that serves commercial and defense customers globally.

SkyHopper Pro has been integrated into high payload long range drones that are being sold to leading defense and commercial end users across the U.S. As a cybersecure cognitive Software Defined Radio (SDR) datalink, SkyHopper Pro is a critical part of the drone, delivering long-range non-line-of-sight (N-LOS) communications that support multiple transmission modes for point-to-point and point-to- multipoint communications with numerous viewers and offers built-in flexibility for the best optimization and customization.

“We continue to expand our deployment presence in the U.S. market’s defense and commercial sectors through our customer base. These highly innovative high-payload long-range drones operate in assured performance in tough conditions and our SkyHopper Pro plays an essential part in their communications capabilities. We anticipate additional production scale orders from this customer as these drones are adopted by a growing number of end users,” stated Mobilicom CEO Oren Elkayam.

About Mobilicom
Mobilicom is a leading provider of cybersecure robust solutions for the rapidly growing defence and commercial drones and robotics market. Mobilicom’s large portfolio of field-proven technologies includes cybersecurity, software, hardware, and professional services that power, connect, guide, and secure drones and robotics. Through deployments across the globe with over 50 customers, including the world’s largest drone manufacturers, Mobilicom’s end-to-end solutions are used in mission-critical functions.

For investors, please use https://ir.mobilicom.com/
For company, please use www.mobilicom.com

Forward Looking Statements
This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. For example, the Company is using forward-looking statements when it discusses its anticipation of additional production scale orders from this customer as these drones are adopted by a growing number of end users. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Mobilicom Limited’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the Company’s filings with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Mobilicom Limited undertakes no duty to update such information except as required under applicable law.

For more information on Mobilicom, please contact:

Liad Gelfer
Mobilicom Ltd
liad.gelfer@mobilicom.com

FAQ

What type of orders did Mobilicom (MOB) receive in December 2023?

Mobilicom received initial production-scale orders for its SkyHopper Pro datalinks from a U.S.-based drone manufacturer for use in high payload long range drones.

What are the key features of Mobilicom's (MOB) SkyHopper Pro datalinks?

SkyHopper Pro is a cybersecure cognitive Software Defined Radio datalink that provides long-range non-line-of-sight communications, supporting multiple transmission modes for point-to-point and point-to-multipoint communications.

Which markets will Mobilicom's (MOB) SkyHopper Pro datalinks serve?

The SkyHopper Pro datalinks will serve both defense and commercial markets through integration into high payload long range drones sold to leading end users across the U.S.