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Mobilicom Ltd is a provider of cybersecurity and smart solutions for drones, robotics & autonomous platforms. The company designs, develops, and delivers smart solutions for global drone, robotics, and autonomous system manufacturers. Mobilicom recently announced the launch of the OS3 Platform, a comprehensive software solution that ensures Operational Security, Safety, and Standards compliance for commercial and defense uncrewed drones and robotics. The OS3 platform operates on NVIDIA AI computing for drones and robotics, fortifying autonomous vehicle missions both locally and remotely. Mobilicom is a key player in the rapidly growing defense and commercial drones and robotics market, with a portfolio of field-proven technologies that power, connect, guide, and secure drones and robotics.
Shoham, Israel, April 27, 2023 - Mobilicom announced a repeat purchase order for its Mobile Ground Control Systems from a leading manufacturer of remote-controlled weapons systems. CEO Oren Elkayam highlighted that the order exemplifies their design wins leading to ongoing purchase orders, which may result in mass-scale commercialization.
Currently, Mobilicom has secured 44 design wins, with expectations for larger orders as their military customers demonstrate successful integration of their systems. The defense market for remote-controlled weapons is expanding rapidly, with a projected CAGR of 11%, potentially reaching $20 billion by 2030.
Mobilicom's advanced Mobile Ground Control Stations enhance operational control of uncrewed vehicles, reinforcing their position as a key player in the defense industry.
Mobilicom is co-sponsoring the Military Robotics & Autonomous Systems 2023 conference in London on April 17-18, 2023. The company will showcase its comprehensive cybersecurity and communications solutions for drones and robotics, addressing the growing need for autonomous systems in modern warfare. Notable attendees include military decision-makers and global defense contractors. The military robotics market is projected to grow to $32.7 billion by 2030, driven by advancements in AI and machine learning.
Shoham, Israel, April 07, 2023 - Mobilicom Limited (ASX: MOB) announces its upcoming Annual General Meeting (AGM) scheduled for Tuesday, May 30, 2023. The deadline for nominations for the Director position is 5:00 PM (AEDT) on April 18, 2023. This nomination deadline is distinct from the voting process for Director election, with details to be disclosed in the AGM Notice.
Mobilicom is an end-to-end provider of cybersecurity and robust solutions tailored for drones, robotics, and autonomous platforms. The Company boasts patented technology and offers a diverse range of products utilized across various applications, aiming to expand its global customer base.
Mobilicom has been selected to represent the uncrewed autonomous systems (UAS) industry at the AUVSI Hill Day in Washington, DC on March 22, 2023. This event aims to engage policymakers on the significance of cybersecurity for the drone industry, emphasizing its role in military and civilian applications. CEO Oren Elkayam highlighted the importance of sharing insights to support the UAS industry's growth. Mobilicom is a leading provider of cybersecurity solutions for drones, with patented technology and a growing global customer base, including government and military sectors.
Mobilicom, a provider of cybersecurity solutions for drones, has successfully demonstrated artificial intelligence for wireless systems in collaboration with the Wireless Intelligent Networks (WIN) Consortium. The demonstration showcased device-to-device communication through mesh networks in a 5G environment, involving dynamic connections between multiple nodes including drones and ground vehicles relaying video. This initiative, funded by the Israeli Innovation Authority, aims to enhance technology for autonomous systems. Mobilicom anticipates this research will expand its intellectual property portfolio, improving future products for drones and robotics.
Shoham, Israel, March 8, 2023 – Mobilicom (Nasdaq: MOB, MOBBW) has been invited to exhibit its cutting-edge ICE Cybersecurity and autonomous drone solutions at the 11th Annual Unmanned & Autonomous Systems Summit in National Harbor, Maryland, on March 8-9. This marks the third consecutive year Mobilicom showcases its expertise at this event, facilitating interaction between military, government, and industry leaders. With a focus on addressing Small UAS threats, CEO Oren Elkayam highlights the urgent need for cybersecurity, citing that 90% of small drones used in Ukraine were lost after just three flights. The U.S. DoD's FY2022 budget allocated approximately $8.2 billion for unmanned systems.
Mobilicom Limited, trading on Nasdaq as MOB and MOBBW, announced a share buyback to enhance shareholder value following a strategic review of operations. With A$19 million in cash as of December 31, 2022, the buyback targets small investors holding less than A$500, allowing them to sell shares without brokerage costs. This move aims to streamline the company's cost management and potentially boost stock performance. Mobilicom provides cybersecurity and operational solutions for drones and robotics, supporting its growth in a competitive sector.
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