Mobilicom (US:MOB) Globenewswireยท2025-05-19 11:00Core Insights - Mobilicom Limited has achieved significant milestones, including the addition of its SkyHopper products to the U.S. Department of Defense's Blue UAS Framework, which is expected to enhance demand from Tier-1 global OEMs in the defense and commercial UAS markets [2][3][4] - The company reported a strong cash position of approximately $8 million and a narrowing monthly cash burn rate of about $266,000, providing a solid financial runway to capitalize on market opportunities [4][7] Financial Highlights - Revenues for the three months ended March 31, 2025, were $844,000, with around 40% derived from U.S. customers [7] - The confirmed order backlog as of March 31, 2025, was $737,000, expected to be fulfilled in the first half of 2025, with additional revenue potential from a robust pipeline of opportunities [7] - The company received production scale orders totaling over $800,000 from a major U.S. drone manufacturer for the SkyHopper PRO, which is critical for DoD programs [7] Operational Highlights - Mobilicom has secured initial production scale orders from a Tier-1 Asian conglomerate, indicating geographic expansion into the Asia-Pacific region [7] - The partnership with Aitech Systems aims to deliver aerospace and defense-grade solutions for next-generation autonomous AI-driven UAS platforms, marking a significant milestone for the rollout of OS3 cybersecurity software [7][8] - The company was selected for a $390,000 innovation program to develop Enhanced Electronic Warfare communications systems for UAVs, showcasing its commitment to advancing its technology offerings [13]