Reported Earnings • May 15
Second quarter 2026 earnings released: CA$1.02 loss per share (vs CA$6.16 loss in 2Q 2025) Second quarter 2026 results: CA$1.02 loss per share. Revenue: CA$2.12m (up 68% from 2Q 2025). Net loss: CA$2.02m (loss widened 39% from 2Q 2025). New Risk • May 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$8.0m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 1.2% per year over the past 5 years. Shareholders have been substantially diluted in the past year (276% increase in shares outstanding). Market cap is less than US$10m (US$5.77m market cap). Minor Risk Revenue is less than US$5m (CA$5.4m revenue, or US$3.9m). 공시 • Apr 21
DEFSEC Technologies Inc. Announces Board Changes DEFSEC Technologies Inc. announced that David Ibbetson, former General Manager of General Dynamics Mission Systems International, has joined DEFSEC's board of directors. Mr. Ibbetson has more than 35 years in the Aerospace and Defence Industry, and 25 years with General Dynamics, where he served in progressively senior executive roles, most recently as the General Manager of the international division of General Dynamics Mission Systems. Mr. Ibbetson successfully led operations throughout Canada, United Kingdom, Italy, Saudi Arabia, Oman, Turkey and the UAE, delivering major US and Canadian programs such as Land C4ISR, CH-148 Cyclone and CP-140 Aurora Integrated Mission System and exporting products and systems into programs of the UK Ministry of Defense and other allied nations' militaries. During his tenure with General Dynamics Mission Systems, Mr. Ibbetson also built out significant programs in South America, Asia and Eastern Europe. DEFSEC Technologies Inc. also announced the departure of Paul Mangano from the DEFSEC board of directors. New Risk • Mar 16
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$8.0m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 1.2% per year over the past 5 years. Shareholders have been substantially diluted in the past year (276% increase in shares outstanding). Market cap is less than US$10m (US$4.79m market cap). Minor Risk Revenue is less than US$5m (CA$5.4m revenue, or US$3.9m). Reported Earnings • Feb 15
First quarter 2026 earnings released: CA$1.39 loss per share (vs CA$23.94 loss in 1Q 2025) First quarter 2026 results: CA$1.39 loss per share (improved from CA$23.94 loss in 1Q 2025). Revenue: CA$1.31m (up 47% from 1Q 2025). Net loss: CA$2.08m (loss narrowed 40% from 1Q 2025). 공시 • Feb 03
DEFSEC Technologies Inc. Appoints Elisabeth Preston as Senior Vice-President and Chief Legal Officer DEFSEC Technologies Inc. announced that it has appointed Elisabeth Preston as Senior Vice-President and Chief Legal Officer. Elisabeth brings an impressive range of private and public company defence and security experience, including cross-border U.S.-Canada transactions as well as extensive international experience, managing strategic relationships. Elisabeth's practices as an international business and trade lawyer, with significant transactional and public company governance experience. Her legal practice has, for 26 years, had a significant emphasis on the Public Safety, Defense and Aerospace marketplace, and for industries with sizeable government programs or highly regulated operations. She has over 30 years' experience advising companies as an executive in areas relating to governance, cross border marketing initiatives, strategic relationships, major commercial transactions and financing initiatives to fund and sustain growth. She has assisted companies to pursue and secure major contracts, solve complex international disputes, set up and maintain manufacturing and other operations around the world, and do so in an efficient and compliant manner. She has worked intensively in the areas of mergers and acquisitions, procurement law, anti-corruption compliance, industrial security, export control and controlled goods, as well as labour and employment law. Elisabeth acts as counsel on security-sensitive issues and is an active member of executive management teams. Elisabeth was also previously the managing partner of a major Canadian law firm's Ottawa office, and co-chair of its National Business Law practice. Most recently, Elisabeth was Chief Legal Counsel and Vice-President of International Compliance for a major U.S. defence contractor's international electronics division headquartered in Canada. Elisabeth has a Bachelor of Arts in History (honors) from the University of Pennsylvania in Philadelphia, a Masters of Public Administration (Public Management and Policy) from the University of Pittsburgh Graduate School of Public and International Affairs, and a law degree (LLB) from the Faculty of Law at McGill University in Montreal Canada. Elisabeth is Past Co-Chair of the American Bar Association, International Section's Defense and Aerospace Committee and former Vice-Chair of its Anti-Corruption Committee. 