Mobilicom - MOBBW STOCK NEWS

Mobilicom (MOB) announced that its SkyHopper PRO and PRO Lite datalinks have been approved and added to the U.S. Department of Defense's Defense Innovation Unit (DIU) Blue UAS Framework. This achievement follows rigorous testing and evaluation, confirming compliance with National Defense Authorization Act (NDAA) requirements and cybersecurity standards.

The Blue UAS Framework, established by DIU, vets and scales commercial UAS technology for the DoD, maintaining a roster of NDAA-compliant, policy-approved components. The SkyHopper PRO is a high-performance cognitive software defined radio for aerial and ground platforms, while the PRO Lite is a compact version optimized for smaller drones. Both systems feature Mobilicom's ICE cybersecurity protection against electronic warfare threats.

This certification is expected to create new opportunities with DoD Programs of Record, military applications serving NATO member nations, and OEMs in industrial UAS applications.

Mobilicom (MOB) announced that a Tier-1 Israel-based defense company, one of the world's largest loitering munitions manufacturers with $4 billion in annual revenue, has selected Mobilicom's MCU-30 Lite and MCU-30 Ruggedized Mobile MESH products for its new perimeter protective drone fleets.

The customer, a prime vendor for Lockheed Martin and supplier to over 40 countries including EU and NATO members, will integrate Mobilicom's cybersecure networking solutions into their latest drone platform. The MCU-30 products will provide secure communications for drone fleets including fixed wing UAVs, connecting aerial units with each other and ground base stations.

This selection represents an expansion of Mobilicom's programs with this existing Tier-1 customer into a new platform, following previous design wins that led to production-scale orders.

Mobilicom (MOB) has received a $600,000 follow-on production scale order for its SkyHopper PRO datalink system from one of the largest U.S. drone manufacturers. This marks the fifth production scale order from this Tier-1 customer, which generates over $5 billion in annual sales. The drones integrated with Mobilicom's technology are being sold to U.S. Department of Defense programs.

The SkyHopper PRO, selected over four competing products after intensive field testing, is a Secured Cognitive Software Defined Radio offering superior performance-to-SWaP-C (Size, Weight, Power and Cost). Delivery is expected in the upcoming months. The global drone data link system market is projected to grow at a 25% CAGR, reaching approximately $18 billion by 2030.

Mobilicom (MOB) announced that warrant holders have exercised warrants to purchase 761,290 ADRs, generating approximately $1.2 million in gross proceeds. The company expects these funds to extend its cash runway for at least 24 months. The warrant exercises were driven by a 150% increase in company valuation over the past month. First half 2024 financial results showed tripled revenues, improved gross margins, reduced net loss, and halved net cash used in operations compared to H1 2023. The company, which provides cybersecurity solutions for drones and robotics, anticipates strong performance in 2025 due to favorable military and civilian drone market dynamics.

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.

Mobilicom (MOB) has formed a strategic partnership with DT Research to target the ground control station (GCS) market for small drones and robotics. The collaboration combines Mobilicom's cybersecure communication and GCS expertise with DT Research's rugged computing technology. The partnership's products are NDAA-compliant, meeting U.S. Department of Defense procurement requirements. Their first joint product, the 8" Controller Pro, launched in September 2024, targets the tactical GCS market, which is part of the $6 billion global UAV CGS market expected to reach $26 billion by 2030 with a 22.6% CAGR.

Mobilicom (Nasdaq: MOB) is showcasing its military-grade drone solutions at the Association of the U.S. Army (AUSA) 2024 Annual Meeting & Exposition in Washington D.C. The company aims to expand its presence in the U.S. defense market, particularly for systems sold to the U.S. Department of Defense and its allies. Mobilicom's CEO, Oren Elkayam, highlighted the increasing demand for their cybersecure field-proven solutions among Tier-1 military contractors, especially in the current geopolitical environment.

The company is targeting a total addressable market expected to reach $8.5 billion by 2026, focusing on small UAS (sUAS) hardware and software solutions. Global conflicts are driving accelerated demand for sUAS, with drones being used for reconnaissance, intelligence gathering, and combat. Mobilicom's autonomous, cybersecure systems are emerging as a key component of modern warfare. The U.S. drone industry is experiencing growth, with the DoD's $1 billion Replicator program aiming to provide thousands of sUASs across multiple warfighting domains by August 2025.

Mobilicom (Nasdaq: MOB) has secured its third production-scale order from a Tier-1 Israel-based customer, bringing total purchases to $1.7 million in less than a year. The latest order, valued at $530,000, is for Mobilicom's SkyHopper Pro Micro datalink integration into loitering munitions systems. The customer, with $4 billion annual revenue, is a prime vendor for Lockheed Martin and supplies defense systems to over 40 countries.

Mobilicom's SkyHopper Pro Micro offers leading size-to-performance in the industry, at 50% of the size of the closest competitor and a fraction of the price. The small-size drone market, including loitering munitions, is projected to reach $10.4 billion by 2030. Mobilicom's end-to-end solutions support Swarm & Fleet drone operations, including the 10" Ground Control Station for tactical mobile control.

Mobilicom (Nasdaq: MOB), a cybersecurity and robust solutions provider for drones and robotics, is hosting an exclusive live investor webinar on September 25, 2024, at 4:15 p.m. ET. CEO Oren Elkayam will discuss recent successes, growth initiatives, and the company's proprietary technology suite. Mobilicom's products form the core 'brain' of drones, offering control, guidance, and cybersecurity.

Key highlights:

• 56% gross margin in H1 2024, primarily from hardware sales
• 232% year-over-year revenue increase to $1.8 million in H1 2024
• Shift towards SaaS and recurring cybersecurity revenues expected from 2024
• Growth driven by initial production scale orders from U.S. and Israeli Tier-1 customers