One of the World’s Largest Loitering Munitions Providers Selects Mobilicom’s UAV Ground Control Station - Market Set to Reach $26 Billion
Mobilicom Limited - American Depositary Shares (MOB)
Company Research
Source: GlobeNewswire
Shoham, Israel, June 18, 2024 (GLOBE NEWSWIRE) -- Mobilicom Limited (Nasdaq: MOB, MOBBW), a provider of cybersecurity and robust solutions for drones and robotics, today announced that one of the largest loitering munitions providers in the world with approximately $4 billion in annual revenue, has placed a follow-on order for Mobilicom’s 10” Ground Control Station (GCS), a tactical mobile handheld controller for small-sized drones. The global uncrewed autonomous vehicles (UAV) GCS market is projected to grow at a CAGR of approximately 23% to $26.56 billion by 2030. Mobilicom’s GCSs are currently being integrated into drone systems of some of the world’s largest and most innovative drone manufacturers. This Tier-1 customer is a prime vendor for Lockheed Martin in the U.S. and a major vendor of defense systems including loitering munitions that are sold to over 40 countries including the European Union and NATO member countries. Mobilicom’s solutions, including the GCS, a
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News
- Join Mobilicom’s Exclusive Live Investor Webinar and Q&A Session on September 25GlobeNewswire
- Mobilicom Reports Financial Results for the Six Months Ended June 30, 2024; Revenues Up 232%GlobeNewswire
- Mobilicom Unveils its Next-Generation 8-Inch Ground Control Station for Drones & Robotics: Optimal Size, Peak Performance for Mission SuccessGlobeNewswire
- Drone Flight Management System Market size is set to grow by USD 14.35 billion from 2024-2028, Increase in legal acceptance of drone operations for commercial applications boost the market, TechnavioPR Newswire
- Mobilicom Regains Compliance with Nasdaq Minimum Bid Price Requirement [Yahoo! Finance]Yahoo! Finance
MOB
Sec Filings
- 9/12/24 - Form EFFECT
- 9/9/24 - Form POS
- 9/9/24 - Form 6-K
- MOB's page on the SEC website