- The WIN Consortium partners include leading companies and academic institutions such as Elbit Systems (Nasdaq: ESLT), CEVA (Nasdaq: CEVA), Ceragon Networks (Nasdaq: CRNT) and Ben Gurion University
- Mobilicom worked closely with the consortium partners to develop and test AI and machine learning (ML) in a 5G field test of device-to-device systems for applications including drones and drone security
- Other applications include autonomous vehicles and drones for industrial and defense needs
Shoham, Israel, March 16, 2023 (GLOBE NEWSWIRE) — Mobilicom Limited (Mobilicom or the Company) (Nasdaq: MOB, MOBBW, ASX: MOB) a provider of cybersecurity and robust solutions for drones and robotics, in conjunction with the Wireless Intelligent Networks (WIN) Consortium, today announced the successful demonstration of artificial intelligence (AI) for wireless systems for 5G device-to-device communication.
WIN is a non-profit organization funded by the Israeli Innovation Authority for the purpose of developing technologies for 5G intelligent wireless networks. Mobilicom was previously selected to join the WIN in June 2020.
The successful demonstration covered non-GPS (GNSS denied environment) distributed AI synchronized mesh networks (wireless nodes that connect dynamically and directly with each other) including two mesh systems working simultaneously. One of the demonstrations included a drone and a second controlled a ground vehicle, with both networks relaying video back through the 5G network to mobile phones.
The research and demonstrations advanced the Consortium’s knowledge including the integration of mesh networks for secure drone operations. A number of other organizations were involved including the international Tier 1 defense electronics provider Elbit Systems (Nasdaq: ESLT), networking equipment provider Ceragon Networks (Nasdaq: CRNT), semiconductor IP company CEVA (Nasdaq: CEVA), and next-generation mobile tech provider RunEl, and high-profile academic institutions Ben Gurion University and Lev Institute.
“As a technology leader in mesh network security and drones, Mobilicom is at the forefront of knowledge in this space and we were very pleased to work with industry and academic leaders to advance these fifth-generation solutions that will enable unprecedented performance for autonomous vehicles and systems,” stated Yossi Segal, VP of R&D and Co-Founder of Mobilicom. “We expect the outcome of this research and know-how will lead to an expansion of our IP portfolio and be incorporated into our future products for commercial and industrial drones, robotics and autonomous platforms.”
About Mobilicom
Mobilicom is an end-to-end provider of cybersecurity and robust solutions for drones, robotics & autonomous platforms. As a high-tech company it designs, develops and delivers robust solutions focused primarily on targeting global drone, robotics and autonomous system manufacturers.
The Company holds patented technology & unique know-how for Mobile Mesh networking. It has a large, field proven portfolio of commercialised products used in a variety of applications.
Mobilicom is growing a global customer base with sales to high profile customers including corporates, governments and military departments. Mobilicom’s competitive advantages include outstanding security capabilities and performance in harsh environmental conditions.
Mobilicom’s large solution portfolio is being deployed worldwide, seeing the Company derive revenue from hardware, software sales & licensing fees and professional support services for its solutions.
For investors, please use https://ir.mobilicom.com/
For company, please use www.mobilicom.com
Forward Looking Statements
This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Mobilicom Limited’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the Company’s filings with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Mobilicom Limited undertakes no duty to update such information except as required under applicable law.
For more information on Mobilicom, please contact:
Liad Gelfer
Mobilicom Ltd
[email protected]
- Mobilicom to exhibit and present its industry-leading ICE Cybersecurity & autonomous drone solutions
- Mobilicom is scheduled to meet with the U.S. Department of Defense (DoD) and other potential customers
Shoham, Israel, March 08, 2023 (GLOBE NEWSWIRE) — Mobilicom Limited (Mobilicom or the Company) (Nasdaq: MOB, MOBBW, ASX: MOB) a provider of cybersecurity and robust solutions for drones and robotics, today announced it has been invited to be one of a select few exhibitors at the 11th Annual Unmanned & Autonomous Systems Summit on March 8-9, 2023 in National Harbor, Maryland. This is the third time Mobilicom has been invited to this prestigious event.
The intimate “Town Hall” style summit enables cross collaboration and the interchange of knowledge among senior-level military, government, industry leaders, and academia. Attendees range from all branches of the U.S. Military.
A key topic for this year’s summit is “Establishing Joint Solutions to Address Current and Future Small UAS Threats”. Mobilicom leads this field with its ICE Cybersecurity suite, its highly secure cognitive datalinks, and networking solutions. Mobilicom will present these solutions during interactive sessions with key government and defense industry decision makers.
“The war in Ukraine has revealed the high vulnerability of small-sized drones provided to Ukraine by the U.S. and its allies. A reported 90% of such drones were lost within an average of just 3 flights, underscoring the immediate need for cybersecurity protection of these systems,” stated Mobilicom CEO, Oren Elkayam.
“Cybersecurity has become a critical issue going forward. We will be sharing Mobilicom’s expertise and our field-proven and validated ICE Cybersecurity with U.S. DoD officials and other industry leaders.”
The DoD’s FY2022 budget allocated an estimated $8.2 billion for unmanned and autonomous systems, representing an increase of nearly $700 million over the prior year.
About Mobilicom
Mobilicom is an end-to-end provider of cybersecurity and robust solutions for drones, robotics & autonomous platforms. As a high-tech company it designs, develops and delivers robust solutions focused primarily on targeting global drone, robotics and autonomous system manufacturers.
The Company holds patented technology & unique know-how for Mobile Mesh networking. It has a large, field proven portfolio of commercialised products used in a variety of applications.
Mobilicom is growing a global customer base with sales to high profile customers including corporates, governments and military departments. Mobilicom’s competitive advantages include outstanding security capabilities and performance in harsh environmental conditions.
Mobilicom’s large solution portfolio is being deployed worldwide, seeing the Company derive revenue from hardware, software sales & licensing fees and professional support services for its solutions.
For investors, please use https://ir.mobilicom.com/
For company, please use www.mobilicom.com
Forward Looking Statements
This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Mobilicom Limited’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the Company’s filings with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Mobilicom Limited undertakes no duty to update such information except as required under applicable law.
For more information on Mobilicom, please contact:
Liad Gelfer
Mobilicom Ltd
[email protected]
Shoham, Israel, March 01, 2023 (GLOBE NEWSWIRE) — Mobilicom Limited (Mobilicom or the Company) (Nasdaq: MOB, MOBBW, ASX: MOB) a provider of cybersecurity and robust solutions for drones and robotics, today announced it intends to undertake a share buyback of small parcel holdings (holdings of Mobilicom shares listed on the Australian Securities Exchange (ASX). The Sale Facility will allow those shareholders who hold less than A$500 of shares to sell their shares cost effectively without incurring brokerage or other transaction costs, while also assisting the Company to reduce the costs associated with servicing smaller shareholdings.
A copy of Share buyback announcement and letter are as follows: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02638883-3A614137?access_token=83ff96335c2d45a094df02a206a39ff4
About Mobilicom
Mobilicom is an end-to-end provider of cybersecurity and robust solutions for drones, robotics & autonomous platforms. As a high-tech company it designs, develops and delivers robust solutions focused primarily on targeting global drone, robotics and autonomous system manufacturers.
The company holds patented technology & unique know-how for Mobile Mesh networking. It has a large, field proven portfolio of commercialised products used in a variety of applications.
Mobilicom is growing a global customer base with sales to high profile customers including corporates, governments and military departments. Mobilicom’s competitive advantages includes outstanding security capabilities and performance in harsh environmental conditions.
Mobilicom’s large solution portfolio is being deployed worldwide, seeing the Company derive revenue from hardware, software sales & licensing fees and professional support services for its solutions.
For investors, please use https://ir.mobilicom.com/
For company, please use www.mobilicom.com
Forward Looking Statements
This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Mobilicom Limited’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the Company’s filings with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Mobilicom Limited undertakes no duty to update such information except as required under applicable law.
For more information on Mobilicom, please contact:
Liad Gelfer
Mobilicom Ltd