ThinkEquity Boosts Mobilicom (MOB) PT to $12 on Cybersecurity Drone Platform

Core Insights - Mobilicom Limited (NASDAQ:MOB) is identified as a promising investment opportunity with significant upside potential, particularly due to its transition towards a more profitable business model centered around its OS3 cybersecurity platform for AI-powered drones [1][2] - ThinkEquity analyst Ashok Kumar has raised the price target for Mobilicom from $5 to $12 while maintaining a Buy rating, reflecting confidence in the company's growth prospects [1][2] Company Overview - Mobilicom Limited specializes in providing hardware products, software, and cybersecurity solutions for drones, small-sized unmanned aerial vehicles (SUAV), and robotics, operating in markets including Israel, the US, Canada, and internationally [2] Market Dynamics - The defense market is rapidly shifting towards unmanned systems, driven by geopolitical factors and policy changes, which is expected to result in a revenue inflection for Mobilicom [2]