Workflow
Mobilicom (MOB)
icon
Search documents
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
Core Viewpoint - Mobilicom Limited has 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 Approval and Expansion - 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] - This expansion is expected to bolster Mobilicom's reputation among top-tier OEMs of uncrewed aerial systems (UASs) that cater to the DoD and global commercial customers [2][3] Group 2: Product Features and Compliance - The SkyHopper PRO Micro is described as an ultra-compact cognitive software-defined radio (SDR) designed for high-volume production of loitering munitions, mini drones, and robotics, emphasizing its small cost, size, weight, and power (C-SWaP) [4] - All three Blue UAS-certified SkyHopper models incorporate Mobilicom's ICE cybersecurity protection, which secures mission-critical communications against electronic warfare threats, ensuring robust performance in contested environments [5] Group 3: Blue UAS Framework Overview - The Blue UAS Framework was established to rapidly vet and scale commercial UAS technology for the DoD, maintaining a roster of NDAA-compliant components and software that meet DoD standards [6] - The framework aims to reduce risk for government customers by providing a short list of approved vendors with advanced capabilities [6] Group 4: Company Background - Mobilicom is recognized as a leading provider of cybersecure solutions for the defense and commercial drones and robotics market, with a portfolio that includes cybersecurity, software, hardware, and professional services [7][8] - The company's end-to-end solutions are utilized in mission-critical functions across various global deployments, including partnerships with over 50 customers, including major drone manufacturers [8]
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
Core Insights - Mobilicom Limited has received approval from the U.S. Department of Defense's Defense Innovation Unit for its SkyHopper PRO and SkyHopper PRO Lite datalinks, adding them to the Blue UAS Framework, which highlights the company's commitment to high standards in cybersecurity and operational performance [1][3][7] Group 1: Blue UAS Framework - The Blue UAS Framework is designed to rapidly vet and scale commercial UAS technology for the DoD, maintaining a roster of NDAA-compliant components and software [2] - The framework aims to reduce risk for government customers by providing a shortlist of approved vendors with advanced capabilities [2] Group 2: Product Details - SkyHopper PRO is a high-performance cognitive software-defined radio (SDR) designed for tactical missions, offering reliable communication in RF-heavy environments [4] - SkyHopper PRO Lite is a compact cognitive SDR optimized for aerial drones and smaller robotics, providing low-latency communication suitable for payload-sensitive UAVs [5] Group 3: Cybersecurity Features - Both SkyHopper systems incorporate Mobilicom's ICE cybersecurity protection, securing mission-critical communications against electronic warfare threats [6] Group 4: Market Opportunities - Inclusion in the Blue UAS Framework is expected to open new opportunities for Mobilicom, particularly with DoD Programs of Record and military applications for European NATO member nations [3][7] - The company anticipates increased demand for its SkyHopper products from Tier-1 global OEMs in the defense and commercial UAS markets [7]
Mobilicom's Cybersecure MCU-30 Selected by One of the World's Largest Loitering Munitions Manufacturers for its Latest Perimeter Protection Drone Fleets
Newsfilter· 2025-01-28 12:00
Core Insights - Mobilicom Limited has expanded its partnership with a Tier-1 Israel-based defense company, which is a major provider of loitering munitions, by supplying its MCU-30 Lite and MCU-30 Ruggedized Mobile MESH products for a new drone platform [1][3] - The customer reports approximately $4 billion in annual revenue and is a key vendor for Lockheed Martin, supplying defense systems to over 40 countries, including EU and NATO members [1] - Mobilicom's MCU-30 products will enhance cybersecure networking for the customer's drone fleets, which include fixed-wing uncrewed autonomous vehicles (UAVs) [2] Company Overview - Mobilicom is a leading provider of cybersecure solutions for the defense and commercial drones and robotics market, with a portfolio that includes cybersecurity, software, hardware, and professional services [3] - The company has established a strong partnership with its Tier-1 customer, moving to initial production-scale orders, indicating potential for further business growth [3] - Mobilicom's solutions are deployed globally with over 50 customers, including major drone manufacturers, and are utilized in mission-critical functions [3]
Mobilicom’s Cybersecure MCU-30 Selected by One of the World’s Largest Loitering Munitions Manufacturers for its Latest Perimeter Protection Drone Fleets
Globenewswire· 2025-01-28 12:00
Current order further support Mobilicom go-to-market strategy with expansion into current Tier-1 customer’s new platform Palo Alto, California, U.S., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Mobilicom Limited (Nasdaq: MOB), a provider of cybersecurity and robust solutions for drones and robotics, today announced that one of its current customers, a Tier-1 Israel-based defense company that is one of the world’s largest loitering munitions providers, has selected the Company’s MCU-30 Lite and MCU-30 Ruggedized Mob ...
Mobilicom Secures Approximately $600,000 in Follow-On Production Scale Order from One of the Largest U.S.-based Drone Manufacturers for its Cybersecure Drone Data Link System
Globenewswire· 2025-01-07 12:00
Marks a total of 5 production scale orders to date with this customer demonstrating continuous growth and expectation for ongoing orders U.S. Tier-1 customer, which has over $5 billion in annual sales, has equipped its drones with Mobilcom’s SkyHopper PRO Palo Alto, California, U.S., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Mobilicom Limited (Nasdaq: MOB), a provider of cybersecurity and robust solutions for drones and robotics, today announced that it has received the latest in a series of commercial scale foll ...
Mobilicom Further Strengthens Balance Sheet With Warrant Exercises for Approximately $1.2 Million Cash Proceeds
Newsfilter· 2024-12-24 12:00
Proceeds expected to extend cash runway to fund operations into at least the next 24 months  SHOHAM, Israel, Dec. 24, 2024 (GLOBE NEWSWIRE) -- Mobilicom Limited (NASDAQ:MOB), a provider of cybersecurity and robust solutions for drones and robotics, today announced that holders of warrants to purchase 761,290 ADRs issued in the Company's registered direct offering in January 2024, have exercised their warrants for aggregate gross proceeds of approximately $1.2 million. "Over the past month, we've seen our ...
Mobilicom Enters Strategic Partnership with DT Research Targeting the Tactical Ground Control Station Market for Small Sized Drones and Robotics in Harsh Environments
GlobeNewswire News Room· 2024-11-13 12:15
Delivering U.S. NDAA-compliant, powerful, resilient ground control station (GCS) platforms for mission-critical operations across uncrewed systems including aerial, maritime, and ground vehicles operating in contested and harsh environments DT Research, an early leader in ruggedized mobile tablets, provides its solutions to more than 200 organizations including the U.S. Department of Defense and Department of Homeland Security SHOHAM, Israel, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Mobilicom Limited (Nasdaq: MOB, ...
One of the World's Largest Loitering Munitions Providers, an Israel Based Tier-1, Places Order with Mobilicom Bringing its Total Purchases to $1.7 Million in Less Than a Year
GlobeNewswire News Room· 2024-10-02 11:00
Latest order valued at $530,000 is from a prime vendor for Lockheed Martin in the U.S. and a major supplier of defense systems sold to over 40 countries including European Union and NATO member countries SkyHopper Pro Micro offers a leading size-to-performance in the industry at 50% of the size of the closest comparable competitor and at a fraction of the price in a market projected to reach $10.4 billion by 2030 SHOHAM, Israel, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Mobilicom Limited (Nasdaq: MOB, MOBBW), a pro ...
Mobilicom (MOB) - 2024 Q2 - Quarterly Report
2024-09-09 11:07
Revenue and Sales Performance - Revenue for the half-year ended June 30, 2024, was $1,804,765, a significant increase from $543,431 in the same period of 2023, representing a growth of 232%[3] - The company reported receipts from customers of $2,281,896 for the half-year, up from $426,128 in the same period of 2023, a growth of 436%[11] - For the half-year period ended June 30, 2024, the company reported sales of goods amounting to $1,804,765, a significant increase from $543,431 in the same period of 2023[36] - Revenue from Israel accounted for 65% of total income for the period ended June 30, 2024, compared to 64% in the same period of 2023[37] Financial Losses and Expenses - Net loss after income tax expense for the half-year was $1,653,875, compared to a loss of $1,451,217 in the previous year, indicating a 14% increase in losses[3] - Total comprehensive loss for the half-year was $1,824,465, compared to a loss of $2,364,101 in the previous year, showing a reduction of 22.8%[9] - Selling and marketing expenses were $924,449, slightly decreased from $935,840 in the previous year, indicating a reduction of 1.4%[3] - Research and development expenses increased to $1,047,126 from $1,008,289, reflecting a rise of 3.9%[3] - The company incurred a net loss of $1,653,875 for the period ended June 30, 2024, with accumulated losses totaling $24,034,919 since inception[32] Cash and Assets - Cash and cash equivalents increased to $9,676,328 as of June 30, 2024, up from $8,385,283 at the end of 2023, reflecting a growth of 15.4%[5] - Total assets rose to $11,303,109 as of June 30, 2024, compared to $10,897,913 at the end of 2023, marking an increase of 3.7%[5] - The total equity of the company as of June 30, 2024, was $8,163,016, an increase from $7,742,598 at the end of 2023, representing a growth of 5.4%[5] Share Issuance and Capital Raising - The company raised $2,949,909 from share issuance during the half-year, contributing to a net cash increase[11] - The company completed a registered direct offering on January 30, 2024, raising a total of $2,949,857 through the issuance of ADSs and pre-funded warrants[41] - The total number of ordinary shares increased from 1,326,676,693 on December 31, 2023, to 1,746,493,068 on June 30, 2024, reflecting a capital raising effort[49] - The company issued 1,903,225 ADS warrants at an exercise price of $1.55 per ADS on January 30, 2024, with a 5-year term until January 30, 2029[43] Currency and Financial Resources - The company transitioned to USD as its functional currency effective January 1, 2024, reflecting a significant change in its economic environment[25] - The company generated a financial income attributed to foreign translation gain of $136,518 under USD functional currency, compared to $694,958 if AUD had remained the functional currency[29] - The company estimates it has adequate financial resources for the foreseeable future based on current cash and trade receivable balances[32] Fair Value and Liabilities - As of June 30, 2024, the company's lease liabilities totaled $323,368, down from $452,778 as of December 31, 2023[38] - The fair value of warrants at June 30, 2024, was recorded at $1,555,632, an increase from $1,075,808 at December 31, 2023[40] - The company recorded a fair value gain of $597,639 from the January 2024 Warrants due to changes in fair value[47] - The fair value per warrant decreased from $1.270 at issue date to $0.574 as of June 30, 2024[47] Dividends and Events - The company did not declare or pay any dividends during the current or previous financial half-year[58] - No significant events have occurred after June 30, 2024, that could affect the company's operations or financial results[59]