DEFSEC Technologies Strengthens Board with New Appointment and Provides Shareholder Meeting Update

Core Viewpoint - DEFSEC Technologies Inc. has appointed Niel Marotta to its board, enhancing its leadership team as the company anticipates continued revenue growth in fiscal 2026 [2][3]. Company Developments - Niel Marotta's appointment is effective January 23, 2026, and he brings significant capital markets experience, having previously managed over $1 billion at Fidelity Management and Research Company [2]. - The company will hold an amended annual and special meeting of shareholders on February 19, 2026, to reflect the addition of Marotta and increase the board size from six to seven directors [3][4]. Financial and Operational Outlook - Fiscal 2025 was marked by strong revenue growth, and the company expects this momentum to continue into fiscal 2026, indicating a strategic move to bolster its board with experienced talent [3]. - The amended management information circular will ensure that previously submitted proxies remain valid while allowing shareholders to vote on the new board structure and Marotta's election [5]. Company Profile - DEFSEC Technologies develops next-generation tactical systems for military and security forces, focusing on real-time situational awareness and countermeasures against various threats [6]. - The company is headquartered in Ottawa, Canada, and has a representative office in London, UK, indicating its international presence in the defense sector [6].