Core Viewpoint - KWESST Micro Systems Inc. intends to change its name to DEFSEC Technologies Inc. to better reflect its focus on defense and public security technology, with the name change expected to take effect around June 30, 2025, subject to regulatory approval [2][3]. Company Developments - The name change coincides with the opening of a new, larger facility in Kanata North, Ottawa, which is more than twice the size of the previous location and aims to accommodate the company's rapid growth [4]. - The company has received its first order for the Battlefield Laser Detection System from a military systems integrator for a North American armored vehicle program [5]. - The company is focusing on strategic, multi-year contracts with the Canadian Department of National Defence worth up to $75 million through 2028, in partnership with Thales and Akkodis [5]. Product Offerings - KWESST's product portfolio includes the ARWEN line of non-lethal products, which has reportedly saved hundreds of lives, and new PARA "Mini" and "Micro" versions currently under customer evaluation [5]. - The company offers real-time situational awareness solutions, including the Team Awareness Kit (TAK), which is being adopted by NATO countries [5]. - The "Lightning" version of the military-grade situational awareness capability is designed for the public security market and operates under a SaaS model, allowing users to access it on smart devices for a monthly subscription fee [5]. Shareholder Information - No action is required from shareholders regarding the name change, and there will be no change in the company's share capital [6]. - The new CUSIP and ISIN numbers for the common shares have been provided, and existing share certificates will not need to be exchanged [6]. Trading Information - The company's common share purchase warrants will also change trading symbols to "DFSC.WT.U" on the TSXV and "DFSCW" on the Nasdaq [7].

Core Viewpoint - KWESST Micro Systems Inc. has received an order for prototypes of its next-generation battlefield laser detection system (BLDS) for a major North American armored vehicle program, marking a significant validation of its technology [2][3]. Company Overview - KWESST specializes in advanced tactical systems, focusing on the development and commercialization of next-generation military and security solutions [6]. - The company is headquartered in Ottawa, Canada, with additional offices in London, UK, and Abu Dhabi, UAE [7]. Product Development - The BLDS technology is designed to counter the increasing threats from laser-guided systems on the battlefield, such as Laser Target Designators and Laser Range Finders, which have enhanced the lethality of conventional weapons [3]. - The non-networked prototypes are ready for delivery and will undergo performance testing in various operational environments [4]. - Fully-networked versions of the BLDS, which will include real-time detection and classification capabilities, are expected to be available by fall 2025 [5]. Market Context - The modern battlefield has evolved, with lasers posing silent and invisible threats that can quickly target soldiers and vehicles [3]. - The BLDS aims to improve situational awareness and survivability for military personnel and high-value assets [3].