ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Mobilicom Secures Commercial Scale Purchase Order from U.S. Tier-1 Manufacturer for Initial Production of Drones for the U.S. DOD

  • Teledyne-FLIR, one of the world’s largest manufacturers of small-sized drones and robotics, has integrated SkyHopper PRO into its new small-sized drone platform
  • Progression from design win to production and commercial sales to the U.S. DOD as end customer
  • Mobilicom’s systems have been integrated into 44 design wins to date by manufacturers of drone and UAV platforms

Shoham, Israel, July 10, 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 a commercial scale purchase order from one of its Tier-1 customers, Teledyne-FLIR (NYSE: TDY), one of the world’s largest manufacturers of small-sized drones and robotics, for 120 of Mobilicom’s SkyHopper PRO datalink systems.

Teledyne-FLIR selected Mobilicom’s SkyHopper PRO as an essential component in its new small-sized drone platform. Having completed the design, development, integration, testing, and validation of this drone platform, Teledyne-FLIR has moved it into the commercialization phase with federal agencies and customers across the U.S.

This latest and largest purchase order to date from Teledyne-FLIR is for SkyHopper PRO systems to be integrated into small-sized drones manufactured for the U.S. Department of Defense (DOD). Delivery of the SkyHopper PRO systems to Teledyne-FLIR under this purchase order is expected during 2023.

“As Teledyne-FLIR continues to win additional orders for its small-sized drone platforms with end users such as the U.S. DOD, other federal agencies, and commercial customers, Mobilicom is well positioned for more sales of its Skyhopper Pro,” stated Mobilicom CEO Oren Elkayam. “We see the sales of these systems to the U.S. DOD, one of the largest and most selective procurers of technology, as a strong testament to the excellence of Mobilicom’s market leading end-to-end solutions.”

  
SkyHopper PROSkyHopper PRO lite

SkyHopper PRO offers a bi-directional cybersecure Software Defined Radio (SDR) data link specifically designed for commercial and industrial drones, enabling fleet management and operation of autonomous uncrewed autonomous vehicle (UAV) systems. By employing leading wireless technologies, the SkyHopper PRO delivers long-range and non-line-of-sight (N-LOS) communication that supports multiple transmission modes. SkyHopper PRO supports point-to-point and point-to-multipoint communication enabling various modes of communication, such as multi-drone operations and drone communication to multiple receivers.

About Mobilicom

Mobilicom is an end-to-end provider of cybersecurity and robust solutions for drones and robotics focussing 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. Mobilicom’s competitive advantages include outstanding security capabilities and performance in harsh environmental conditions.

Mobilicom’s large solution portfolio is being deployed worldwide, and the Company derives revenue from hardware, software sales & licensing fees and professional support services.

For investors, please use https://ir.mobilicom.com/
For company, please use www.mobilicom.com

This announcement has been approved for release by the Board of Mobilicom.

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
liad.gelfer@mobilicom.com


Primary Logo

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.