Givoni is a tech leader and senior executive with over two decades of experience building and scaling technology companies in the cybersecurity, drones, AI, B2B software and AgTech industries Palo Alto, California, June 05, 2025 (GLOBE NEWSWIRE) -- Mobilicom Limited (Nasdaq: MOB), a provider of cybersecurity and robust solutions for drones and robotics, today announced the appointment of Guy Givoni to its Board of Directors. Mr. Givoni previously served on Mobilicom’s Advisory Board from 2017 through 2023. ...

Partnership combines Mobilicom's groundbreaking OS3 cybersecurity software with ARK's made-in-the- USA, BLUE UAS listed, NDAA compliant, NVIDIA AI-driven hardware ARK joins Mobilicom's booth at XPONENTIAL 2025, a gathering of global leaders and end users in the uncrewed systems and robotics industry, to feature the companies' upcoming joint products First product expected to launch H2 2025 Both companies have products on the Blue UAS Framework, which provides a prestigious shortlist of rigorously vetted pro ...

Demonstrates continuous growth through ongoing re-orders from Tier-1 manufacturers Customer’s drones are gaining strong traction with U.S. Department of Defense (DoD) and other defense purchasers Palo Alto, California, April 22, 2025 (GLOBE NEWSWIRE) -- Mobilicom Limited (Nasdaq: MOB), a provider of cybersecurity and robust solutions for drones and robotics, today announced receipt of its latest, the sixth, commercial scale follow-on order for its SkyHopper PRO datalinks from one of the largest U.S. drone ...

Core Insights - Mobilicom Limited has received initial production scale orders from a Tier-1 Asian conglomerate, marking a significant expansion into the Asia-Pacific region and growth in the robotics sector [1][3] - The orders include products from three of Mobilicom's product families: MCU Mesh Networking, SkyHopper Datalinks, and Mobile Ground Stations, demonstrating the company's successful end-to-end product strategy [2] - The CEO of Mobilicom highlighted that while the company has historically focused on sales in the U.S., Europe, and Israel, there is now increased commercial traction in Asia, indicating new momentum in the robotics market [3] Company Overview - Mobilicom is a leading provider of cybersecurity and robust solutions for the defense and commercial drones and robotics market, with a large portfolio of technologies that include cybersecurity, software, hardware, and professional services [4] - The company's solutions are deployed globally with over 50 customers, including major drone manufacturers, and are utilized in mission-critical functions [4]

Exhibit 99.1 Mobilicom Reports 2024 Year-End Financial Results: Record Revenues Up 45% Revenue momentum continues with robust gross margins, reduced operating expenses Major recent wins expected to drive growth include the addition of Mobilicom's systems to the U.S. Department of Defense's (DoD) Blue UAS Framework and its OS3 cybersecurity software platform for AI-Driven drones and robotics Strong cash position of $8.6 million with low average monthly net burn rate of $267K provides a long cash runway to su ...

Revenue and Profit - Revenue for the year ended December 31, 2024, was $3,180,565, representing an increase of $986,774 or 45% compared to $2,193,791 in 2023, primarily driven by increased orders for defense purposes [228]. - Gross profit for the year ended December 31, 2024, was $1,831,854, with a gross margin of 58%, slightly down from 59% in 2023, attributed to high-end IP-based technology and effective cost-reduction strategies [231]. Expenses and Losses - Total expenses for the year ended December 31, 2024, were $10,342,492, an increase of $3,716,140 compared to $6,626,352 in 2023, largely due to fair value losses from financial liability [232]. - Fair value losses from financial liability surged to $4,251,756 in 2024, a dramatic increase of $3,921,548 or 1,088% compared to $330,208 in 2023, linked to revaluation of warrants issued during public offerings [237]. - As of December 31, 2024, the company incurred a net loss of $8.0 million and has accumulated losses of $30.4 million since inception [251]. Research and Development - Research and development expenses increased by $190,607 or 10% to $2,127,409 in 2024, mainly due to higher costs associated with new product development and increased subcontractor expenses [234]. - The company is focused on developing new products, including a comprehensive security solution for uncrewed missions, to enhance its market position in the SUAV and robotics sectors [234]. Cash Flow and Financing - Cash and cash equivalents as of December 31, 2024, were $8.6 million, with total receivables recognized at $949,225, indicating adequate financial resources for at least 12 months [253]. - Net cash used in operating activities decreased to $3,206,549 in 2024 from $4,162,587 in 2023, primarily due to an increase in receipts from customers of $1,424,409 [257]. - Net cash provided by financing activities was $3,475,156 for the year ended December 31, 2024, compared to a net cash used of $271,616 in 2023, mainly from share issuances [261]. - The company entered into an At-The-Market Sales Agreement in February 2025 to offer ADSs with an aggregate offering price of up to $10.0 million [265]. - The January 2024 Offering generated gross proceeds of $2.95 million from the issuance of ADSs and warrants [266]. Grants and Income - Government grants from IIA for the year ended December 31, 2024, were $187,718, a decrease of $9,323 or 5% compared to $197,041 in 2023 [228]. - Interest income decreased by $23,707 or 8% to $269,771 in 2024, primarily due to lower levels of funds invested in interest-bearing bank deposits [229]. Market Strategy - The company aims to expand its global customer base by increasing design wins and pilot projects, targeting the commercial segment leveraging experience from the defense sector [225]. - Sales and marketing expenses decreased by $122,774 or 6% to $1,965,426 in 2024, attributed to changes in headcount and lower overhead costs [233]. Risk Factors - The company is exposed to liquidity risk but believes existing funds will cover operating expenses for the next twelve months [416]. - A 10% devaluation of the USD$ to the NIS could increase the net loss by approximately $329,000, while a 10% appreciation could decrease it by approximately $269,000 [415].

Core Insights - Mobilicom Limited reported a 45% year-over-year revenue increase to $3.2 million for the twelve months ended December 31, 2024, driven by initial production orders from Tier-1 customers [6][17] - The company maintains a strong cash position of $8.6 million and a low average monthly net burn rate of $267,000, providing a long cash runway for growth [6][4] - Mobilicom's gross margin remained high at 58%, reflecting effective cost-reduction strategies and strong demand for its cybersecurity solutions [6][3] Financial Highlights - Revenues increased from $2.2 million in 2023 to $3.2 million in 2024, marking a 45% growth [6][17] - Confirmed order backlog as of December 31, 2024, was $1.1 million, expected to be fulfilled in the first half of 2025 [6] - Operating expenses decreased slightly to $5.9 million from $6.1 million in 2023, indicating efficient cost management [6][17] - EBITDA improved by 18% to $(3.2) million compared to $(3.9) million in 2023 [6][18] Operational Highlights - Mobilicom's OS3 cybersecurity software solution, launched in 2024, is positioned to leverage AI-driven platforms for drones and robotics [2] - The company was selected to join the U.S. Department of Defense's Blue UAS Framework, which is expected to drive demand for its products among military and commercial customers [10][3] - Recent orders include a $600,000 production scale order for SkyHopper PRO and a $530,000 order for SkyHopper PRO Micro, demonstrating strong customer interest [10] Strategic Partnerships and Market Position - Mobilicom has entered a strategic partnership with Aitech Systems to roll out OS3 cybersecurity software for autonomous computing solutions in aerospace and defense [10] - The company aims to build an infrastructure for success through strategic and commercial partnerships, positioning itself as a leader at the intersection of drones, robotics, AI, and cybersecurity [2][3] - Mobilicom's technologies are expected to see increased adoption not only within U.S. military programs but also among NATO countries, which are increasing their defense budgets [3]

Core Insights - Mobilicom Limited has been awarded a $390,000 R&D innovation program to develop Enhanced Electronic Warfare communications systems aimed at protecting uncrewed aerial vehicles (UAVs) from advanced wideband jamming [1][2] - The new technology will be integrated into Mobilicom's Immunity, Cybersecurity & Encryption (ICE) software suite, which is embedded in its SkyHopper datalinks, recently included in the U.S. Department of Defense's Blue UAS Framework [1][3] - The collaboration with a leading research university will focus on advanced anti-jamming methods to address challenges posed by spectrum congestion and deliberate interference [2] Company Overview - Mobilicom is a provider of cybersecurity and robust solutions for the defense and commercial drones and robotics market, with a portfolio that includes cybersecurity, software, hardware, and professional services [5] - The SkyHopper product line is one of Mobilicom's top-selling offerings and is critical for UAVs produced by leading defense contractors [3] - The company has a global presence with over 50 customers, including major drone manufacturers, utilizing its end-to-end solutions for mission-critical functions [5] Industry Context - The need for resilient anti-jamming solutions is increasingly critical due to the evolution of radio signal jamming technologies, which are now available at low costs in the civilian market [4] - Advanced jamming systems can disrupt military operations, hijack sensitive equipment, and affect supply lines, while in commercial applications, they can lead to mission failures and data theft [7]

Core Insights - Mobilicom Limited has been awarded a $390,000 R&D innovation program to develop Enhanced Electronic Warfare communications systems aimed at protecting uncrewed aerial vehicles (UAVs) from advanced wideband jamming [1][2] - The new technology will be integrated into Mobilicom's Immunity, Cybersecurity & Encryption (ICE) software suite, which is embedded in its SkyHopper datalinks, recently included in the U.S. Department of Defense's Blue UAS Framework [1][3] - The collaboration with a leading research university will focus on advanced anti-jamming methods to address challenges posed by spectrum congestion and deliberate interference [2][4] Company Overview - Mobilicom is a provider of cybersecurity and robust solutions for the defense and commercial drones and robotics market, with a portfolio that includes cybersecurity, software, hardware, and professional services [5] - The SkyHopper product line is one of Mobilicom's top-selling offerings and is critical for UAVs manufactured by leading defense contractors [3][5] - The company has a global presence with deployments across over 50 customers, including major drone manufacturers [5] Industry Context - The need for resilient anti-jamming solutions is increasingly critical due to the evolution of radio signal jamming technologies, which are now available at low costs in the civilian market [4][7] - Advanced jamming systems can disrupt military operations, commercial missions, and law enforcement activities, highlighting the importance of effective anti-jamming technologies [7]

Core Viewpoint - Mobilicom Limited and Aitech Systems have formed a strategic partnership to deliver secure AI-driven autonomous computing solutions for uncrewed aircraft systems (UAS) in the aerospace and defense sectors, integrating Mobilicom's OS3 cybersecurity platform with Aitech's rugged computing systems [1][3][4] Company Overview - Mobilicom is a provider of cybersecurity and robust solutions for drones and robotics, with a focus on the defense and commercial markets [9] - Aitech Systems specializes in rugged computing systems for mission-critical environments, with over four decades of experience in military, aerospace, and space platforms [6] Partnership Details - This partnership marks Mobilicom's first commercial collaboration for its OS3 cybersecurity platform, which will be integrated onto Aitech's rugged NVIDIA-based computers for Tier-1 UAS platforms [2][7] - The collaboration aims to address vulnerabilities and malicious attacks in the $27 billion uncrewed systems market, providing UAS manufacturers with secure and scalable technologies [3][4] Technology Integration - OS3 offers comprehensive cybersecurity features, including continuous monitoring, detection, alarm, and prevention of threats during missions, utilizing advanced intrusion detection and prevention systems [4] - Aitech's rugged computing systems are designed for AI, deep learning, and video processing, suitable for applications in autonomous systems, surveillance, and advanced weapons [5] Market Context - The partnership is positioned to meet critical needs in the rapidly evolving UAS market, enhancing the security and operational capabilities of autonomous platforms [7]