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One of U.S.’s Largest Drone Manufacturers of Small-Sized Drones Places its 6th Production Scale Order for Mobilicom’s Cybersecure Drone Solutions
GlobeNewswire· 2025-04-22 11:00
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 ...
Mobilicom Secures Initial Production Scale Orders from a Tier-1 Asia-Based Robotics Manufacturer
Newsfilter· 2025-04-10 11:00
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]
Mobilicom (MOB) - 2024 Q4 - Annual Report
2025-03-27 20:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ...
Mobilicom Reports 2024 Year-End Financial Results: Record Revenues Up 45%
GlobeNewswire· 2025-03-27 20:15
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]
Mobilicom Wins $390,000 R&D Innovation Program to Develop Advanced Anti-Jamming Technology for Drones and Robotics
Newsfilter· 2025-03-12 11:00
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]
Mobilicom Wins $390,000 R&D Innovation Program to Develop Advanced Anti-Jamming Technology for Drones and Robotics
GlobeNewswire· 2025-03-12 11:00
Program aims to deliver breakthrough solution to address critical technology needs to combat severe wideband jamming scenarios Once developed, the new technology would be integrated into Mobilicom’s Immunity, Cybersecurity & Encryption (ICE) software suite embedded on its SkyHopper datalinks, which were recently added to the U.S. Department of Defense’s Blue UAS Framework Palo Alto, California, March 12, 2025 (GLOBE NEWSWIRE) -- Mobilicom Limited (Nasdaq: MOB), a provider of cybersecurity and robust solut ...
Mobilicom and Aitech Partner to Deliver Aerospace and Defense-Grade Solutions for Next-Generation Autonomous AI-Driven UAS Platforms
GlobeNewswire· 2025-03-04 12:00
Marks first partnership for roll-out of Mobilicom’s OS3 cybersecurity software to meet critical needs in rapidly evolving uncrewed aircraft systems (UAS) market Mobilicom OS3 software and Aitech rugged computing systems offer high-performance solution for AI-driven UAS platforms to monitor, detect, alarm, and prevent security threats and malicious attacks Palo Alto, CA and Chatsworth, CA, March 04, 2025 (GLOBE NEWSWIRE) -- Mobilicom Limited (Nasdaq: MOB), a provider of cybersecurity and robust solutions fo ...
U.S. Department of Defense's Defense Innovation Unit Adds Mobilicom's SkyHopper PRO Micro to Blue UAS Framework
Newsfilter· 2025-02-25 12:00
Marks the 3rd Mobilicom datalink to be added to the approved short list of products in the Blue UAS program designed to secure commercial UAS technology for the Department of Defense Palo Alto, California, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Mobilicom Limited (NASDAQ:MOB), a provider of cybersecurity and robust solutions for drones and robotics, today announced that the U.S. Department of Defense (DoD)'s Defense Innovation Unit (DIU) has expanded the number of Mobilicom datalinks approved and included in the ...
U.S. Department of Defense’s Defense Innovation Unit Adds Mobilicom’s SkyHopper PRO Micro to Blue UAS Framework
GlobeNewswire· 2025-02-25 12:00
Core Viewpoint - Mobilicom Limited has successfully expanded its product offerings within the U.S. Department of Defense's Blue UAS Framework, enhancing its position as a trusted provider of cybersecurity and robust solutions for drones and robotics [1][2][3] Group 1: Product Approvals and Features - The U.S. Department of Defense's Defense Innovation Unit has added Mobilicom's SkyHopper PRO Micro to the approved list of products in the Blue UAS Framework, following the prior approvals of SkyHopper PRO and SkyHopper PRO Lite [1][2] - The SkyHopper PRO Micro is characterized as an ultra-compact cognitive software-defined radio (SDR) designed for high-volume production of loitering munitions, mini drones, and robotics, offering reliable communication for mission-critical applications [4] - All three Blue UAS-certified SkyHopper models incorporate Mobilicom's ICE cybersecurity protection, which secures communications against electronic warfare threats, ensuring robust performance in contested environments [5] Group 2: Market Position and Compliance - Mobilicom's solutions are compliant with the National Defense Authorization Act (NDAA), which prohibits the use of equipment made in China, making them suitable for integration into U.S. DoD procurement [3] - The Blue UAS Framework aims to rapidly vet and scale commercial UAS technology for the DoD, providing a roster of NDAA compliant components and software that meet the standards of the DoD and its Programs of Record [6] - Mobilicom's end-to-end solutions are utilized in mission-critical functions across defense and commercial applications, with deployments involving over 50 customers, including major drone manufacturers [8]
Mobilicom’s SkyHopper PRO & PRO Lite Added to the Defense Innovation Unit’s Blue UAS Framework
GlobeNewswire· 2025-02-18 12:00
Winning the Blue UAS Refresh allowed Mobilicom’s datalinks to undergo NDAA and cyber security verification for addition to the Blue UAS Framework. This allows procurement and integration into all U.S. Blue UAS List platformsMobilicom selected to be on a prestigious shortlist for UAS radios following rigorous reviewBecoming part of the Blue UAS Framework is a significant milestone expected to open new opportunities and substantially increase demand for SkyHopper PRO & PRO Lite from Tier-1 global OEMs serving ...