Strong cash position and growing revenues driven by initial production scale orders from U.S. and Israeli Tier-1 customers as gross margins and OPEX remain consistent, demonstrating business model scalability
Strong cash position and growing revenues driven by initial production scale orders from U.S. and Israeli Tier-1 customers as gross margins and OPEX remain consistent, demonstrating business model scalability
Shoham, Israel, Sept. 04, 2024 (GLOBE NEWSWIRE) — At the Commercial UAV Expo, in Las Vegas from September 3-5, a leading international trade show for uncrewed autonomous systems, Mobilicom Limited (Nasdaq: MOB, MOBBW), a provider of cybersecurity and robust solutions for drones and robotics, today launched its next-generation 8-inch Controller Pro. This innovative GCS aims to redefine uncrewed vehicle control, addressing the needs of a market currently projected to grow at a CAGR of 22% between 2023 and 2030. Growth in the tactical handheld GCS market for operating small-sized drones, robotics, and loitering munitions is driven by these systems’ increasing deployment by governments and enterprises and their use in current global conflicts.
Shoham, Israel, July 22, 2024 (GLOBE NEWSWIRE) — Mobilicom Limited (Nasdaq: MOB, MOBBW) (“Mobilicom” or the “Company”), a provider of cybersecurity and robust solutions for drones and robotics, today announced that it has received formal notice from The Nasdaq Stock Market, LLC (“Nasdaq”) stating that the Company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). Mobilicom is now in compliance with all applicable listing standards and its American Depositary Shares (“ADSs”) will continue to be listed and traded on the Nasdaq Capital Market.
Shoham, Israel, July 01, 2024 (GLOBE NEWSWIRE) — Mobilicom Limited (Nasdaq: MOB), a provider of cybersecurity and robust solutions for drones and robotics, today announced that it has received a follow-on order from a one of the largest U.S. drone manufacturers of “small-sized” drones. This defense manufacturer, with over $5 billion in annual sales, is equipping its drones with Mobilicom’s SkyHopper PRO. These drones are sold to end-users in the U.S. defense market, including the U.S. Department of Defense
Shoham, Israel, June 28, 2024 (GLOBE NEWSWIRE) — Mobilicom Limited (Nasdaq: MOB, MOBBW) (“Mobilicom” or the “Company”), a provider of cybersecurity and robust solutions for drones and robotics, today announced that it has received a notification letter from the Nasdaq Stock Market LLC (“Nasdaq”). The letter notifies the Company that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rules for continued listing on the Nasdaq Capital Market, since the closing bid price for the Company’s American Depositary Shares (“ADSs”) listed on the Nasdaq was below USD $1.00 for 30 consecutive trading days. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of USD $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days.
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.
Shoham, Israel, June 04, 2024 (GLOBE NEWSWIRE) — Mobilicom Limited (Nasdaq: MOB, MOBBW), a provider of cybersecurity and robust solutions for drones and robotics, today announced that Oren Elkayam, CEO and Co-founder of Mobilicom, is set to attend the Association for Uncrewed Vehicle Systems International (AUVSI)’s Hill Day on June 4th in Washington, D.C. Through Mobilicom’s membership on AUVSI’s Air Advocacy Committee, Elkayam will join other industry leaders in engaging directly with policymakers to support laws and regulations that promote the deployment of uncrewed and autonomous systems for business and societal benefit.
Shoham, Israel, June 03, 2024 (GLOBE NEWSWIRE) — Mobilicom Limited (Nasdaq: MOB, MOBBW), a provider of cybersecurity and robust solutions for drones and robotics, today announced its CEO and Co-Founder, Oren Elkayam, will participate in a fireside chat at the Maxim Group Virtual TMT Conference at 8:30 am ET on Wednesday, June 5, 2024 with Maxim’s Senior Analyst.
Production scale order from a U.S. based Tier-1 defense & drone manufacturer for Mobilicom’s solution integration into drone platforms deployed with a growing slate of end-users