Duyuru • Sep 05
Mobilicom Limited Unveils Its Next-Generation 8-Inch Ground Control Station for Drones & Robotics Mobilicom Limited 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. Duyuru • Jul 24
Mobilicom Regains Compliance with Nasdaq Minimum Bid Price Requirement Mobilicom Limited 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 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. The Company was notified by Nasdaq on June 25, 2024, that its ADSs had failed to maintain a minimum bid price of $1.00 for 30 consecutive business days. Nasdaq provided a 180-calendar day period following the date of the notice to regain compliance, or until December 23, 2024. To regain compliance with the minimum bid price requirement, the Company was required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive trading days. From July 5, 2024 through July 18, 2024, a period of 10 consecutive trading days, the closing bid price of the Company’s ADSs was greater than $1.00 per share. Duyuru • Jun 29
Mobilicom Announces Receipt of Nasdaq Minimum Bid Price Notification Mobilicom Limited (‘Mobilicom’ or the ‘Company’) 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. The Notice has no immediate effect on the Company's Nasdaq listing or the trading of its ADSs, and during the grace period, as may be extended, the Company's ADSs will continue to trade on the Nasdaq under the symbol ‘MOB’. In accordance with Listing Rule 5810(c)(3)(A), the Company has a period of 180 calendar days from the date of notification, or until December 23, 2024, to regain compliance with the minimum bid price. If at any time before December 23, 2024 the bid price of the Company's ADSs closes at or above USD $1.00 per share for a minimum of 10 consecutive business days, Nasdaq will provide written notification that the Company has achieved compliance with the minimum bid price requirement. In the event the Company does not regain compliance by December 23, 2024, the Company may be eligible for an additional 180 days to regain compliance if it meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, with the exception of the minimum bid price requirement. In this case, the Company will need to provide written notice of its intention to cure the deficiency during the second compliance period. The Company will continue to monitor the closing bid price of its ADSs on the Nasdaq between now and December 23, 2024 and seek to cure the deficiency within the prescribed compliance period. The Company's business operations are not affected by the notification letter. If the Company cannot demonstrate compliance by the allotted compliance period(s), Nasdaq's staff will notify the Company that its ADSs are subject to delisting. Duyuru • May 17
Mobilicom Limited, Annual General Meeting, May 31, 2024 Mobilicom Limited, Annual General Meeting, May 31, 2024. Location: ofrdyavtfu-jnbtg, Australia Duyuru • Apr 24
Mobilicom Limited Launches OS3 Operations System Mobilicom Limited announced the launch of its most cutting-edge product to date, the OS3 Platform, a comprehensive software solution designed to deliver Operational Security, Safety, and Standards compliance for the commercial and defense uncrewed drones and robotics industry. Designed to operate on NVIDIA AI computing for drones and robotics, OS3 Edge fortifies each autonomous vehicle mission locally on the system itself, while OS3 Cloud remotely monitors and protects the entire fleet's operations. OS3 monitors, identifies, and remotely responds to deliver immediate and complete control across the entire fleet by addressing three main pillars of performance: security risk mitigation by detecting hostile external threats; safety of operations related to internal software, hardware, and maintenance issues including risk mitigation; and standards compliance ensuring platform adherence to regulatory standards. Mobilicom is unveiling its OS3 platform to drone and robotics service providers, operators, and manufacturers, as well as its growing installed base of customers, at the Association of Uncrewed Vehicle Systems International (AUVSI) XPONENTIAL 2024 trade show and conference in San Diego at booth #4046 in the Cybersecurity Pavilion. Duyuru • Apr 03
Mobilicom Launches New Cybersecure Mesh Networking Solution for Long-Range Uncrewed Platforms Mobilicom Limited announced the launch of its newest product--the MCU-300 cybersecure software defined radio (SDR). This ruggedized unit, which boasts a stronger amplifier than prior generation products, works together with Mobilicom's MCU mesh networking aerial products to deliver high-performance cybersecure mobile mesh wireless IP networking, high-definition video and data for mid-sized long-range uncrewed aerial vehicles (UAVs). MCU-300 expands the coverage distance up to 100 miles while fortifying stability, resilience, and durability. The MCU-300, like the rest of the MCU product line, is U.S. National Defense Authorization Act (NDAA) compliant. MCU-300's long-range, broadband signal boosts UAVs with the communications that are needed for missions thus expanding Mobilicom's addressable markets for both commercial and military applications. When paired with Mobilicom'sMCU-70, which delivers unparalleled size to performance ratio, MCU-300 specifically addresses the rapidly growing mid-sized long range drone segment. Military applications include UAVs and vertical takeoff and landing (VTOL) for intelligence, surveillance, reconnaissance missions, and loitering drones as well as border and sea patrol. Commercial uses include beyond line of sight (BVLOS) long-range inspections, including electric utility transmission lines, oil and gas pipelines, and railways, as well as long-range delivery functions. Equipped with Mobilicom's security software, MCU-300's networked hardware and software systems can be layered with the ICE Cybersecurity suite for a comprehensive and holistic protection strategy. Duyuru • Jan 27
Mobilicom Limited has filed a Follow-on Equity Offering in the amount of $2.949999 million. Mobilicom Limited has filed a Follow-on Equity Offering in the amount of $2.949999 million.
Security Name: American Depositary Shares
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 1,903,225
Price\Range: $1.55
Transaction Features: Registered Direct Offering Duyuru • Oct 26
Mobilicom Limited Ordinary Shares to Be Deleted from OTC Equity Mobilicom Limited Ordinary Shares (Australia) will be deleted from OTC Equity effective October 25, 2023. Duyuru • Sep 29
Space Florida Awards Mobilicom Limited Follow-On $250,000 Grant Extending Successful R&D Program Mobilicom Limited announced it was awarded a new grant of approximately $250,000 from Space Florida, Florida’s Aerospace, Finance and Development Authority. This grant renews Mobilicom’s contract for another year. Mobilicom is developing a Multi-Link (MLU) communications system that incorporates three concurrent transmitting transceivers (SDR/Cellular/Satellite) for auto redundancy to address U.S. civil drone regulations. This MLU will extend Mobilicom’s ‘beyond visual-line-of-sight’ datalink functionality to include the use of satellite connections for redundancy, enabling the operation of unmanned systems in areas with limited or zero cellular network coverage. Duyuru • Jun 30
Mobilicom Limited Launches Cybersecure SDR Product with High Size-To-Performance Ratio, Expanding its Market into Mid-Sized Drones Mobilicom Limited announced the launch of its latest product, the MCU-70, the latest in its MESH (device-to-device) Networking Cybersecure Software Defined Radio (SDR) Series delivering high-performance wireless communications. With its relatively small size and lightweight design, MCU-70 delivers superior performance for mid-sized and long-range unmanned aerial vehicles (UAVs) where form-factor-to-capability performance is critical. Designed for durability in rugged outdoor environments, MCU-70's communications range of up to 100 miles/150km equips drones with the communications needed for new missions and applications, expanding Mobilicom's addressable markets for both commercial and military applications. MCU-70 Air Data Terminal: Commercial uses include beyond line of sight (BVLOS) long-range inspections including electric utility transmission lines, oil and gas pipelines, and railways, as well as long-range delivery functions. Military applications include UAVs and vertical takeoff and landing (VTOL) for intelligence, surveillance, reconnaissance missions, and loitering (also known as suicide or kamikaze drones) as well as border and seapatrol. Mobicom's latest MCU product improves communications link performance of mobile mesh (device-to- device) and wireless mobile IP communications for high-definition video and data which expands coverage distance whilefortifying stability, resilience, and durability. MCU-70 is U.S. National Defense Authorization Act (NDAA) compliant. MCU-70, just like Mobicom's entire MESH Networking suite and its SkyHopper Datalinks, is a cybersecure SDR that comes installed with the base level of the Company's security software. Additionally, Mobicom's ICE Cybersecurity suite can be layered on the networked hardware and software systems for a comprehensive and holistic protection strategy. The MCU product family has a well-established track record of success, field proven with many of Mobilicom's Tier-1 global customers under a wide range of deployments on various products and platforms. Reported Earnings • Mar 03
Full year 2022 earnings released: AU$0.001 loss per share (vs AU$0.009 loss in FY 2021) Full year 2022 results: AU$0.001 loss per share (improved from AU$0.009 loss in FY 2021). Revenue: AU$7.19m (up 101% from FY 2021). Net loss: AU$572.0k (loss narrowed 79% from FY 2021). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 51% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Director Jon Brett was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Nov 08
Mobilicom Limited Announces Departing of Ofer Laufer, Chief Operating Officer Mobilicom Limited announced that Ofer Laufer, Mobilicom's Chief Operating Officer, has departed to pursue other opportunities. Duyuru • Oct 20
Mobilicom Limited Launches New Product for Small Drones Mass Deployment Mobilicom Limited has broadened its SkyHopper range with the launch of a new micro bi-directional data link specifically designed to enable mass deployment of small drone fleets. Designed in collaboration with small-drone Tier-1 manufacturers, the SkyHopper Micro caters to growing demand for high-use applications, such as commercial inspections, disaster relief and defense intelligence or loitering (Kamikaze) drones. The SkyHopper Micro complies with the NDAA, a critical requirement for US Government agencies. SkyHopper Micro leverages Mobilicom's leading wireless technology to deliver long range bi-directional communications and real-time HD video up to 5km as well as N-LOS operations in urban and remote environments, supporting Point-to-Point, Point-to-Multipoint, and fleet management of autonomous systems. Mobilicom's smallest data link is equipped with its ICE cybersecurity software, providing superior security for the drone and communication channels, and encrypting all data that is transmitted and collected. The secure communications system features an advanced proprietary encryption mechanism and is compatible with a wide range of flight controllers, mission software and payloads. Duyuru • Sep 30
Mobilicom Limited Receives New Grant from Space Florida Mobilicom Limited announced that the Company has been awarded a new research and development grant under the Space Florida innovation project, reflecting its industry-leading expertise in communication solutions for unmanned drones and robotics. This grant follows a previous grant that Mobilicom has received from the Space Florida Innovation Program. This grant marks the increasing collaboration with Censys Technologies, the US-based drone manufacturer where both parties have jointly received USD 993,000 of which Mobilicom was apportioned USD 282,000 for its Multi-Link (“MLU”) communications system. The new communications solution will address US civil drone regulations meant to cater to unmet market needs for long-range drone delivery and for inspection operations with always-connected-anywhere capability. The new solution will incorporate three concurrent transmitting transceivers; SDR, Cellular, and Satellite for Auto Redundancy Capability. Development of the MLU will extend Mobilicom’s “beyond visual-line-of-sight datalink functionality” to include the use of satellite connections for redundancy, which will enable the operation of unmanned systems in areas with little or non-existing cellular network coverage. Duyuru • Aug 26
Mobilicom Limited has completed a Composite Units Offering in the amount of $11.80354 million. Mobilicom Limited has completed a Composite Units Offering in the amount of $11.80354 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 2,858,000
Price\Range: $4.13
Transaction Features: New Market Listing Reported Earnings • Aug 19
Full year 2021 earnings released: AU$0.009 loss per share (vs AU$0.011 loss in FY 2020) Full year 2021 results: AU$0.009 loss per share (up from AU$0.011 loss in FY 2020). Revenue: AU$4.37m (up 44% from FY 2020). Net loss: AU$2.70m (loss narrowed 2.8% from FY 2020). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Non-Executive Director Jon Brett was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Duyuru • Mar 31
Mobilicom Limited, Annual General Meeting, May 18, 2022 Mobilicom Limited, Annual General Meeting, May 18, 2022, at 11:01 AUS Eastern Standard Time. Reported Earnings • Feb 27
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: AU$0.009 loss per share (up from AU$0.011 loss in FY 2020). Revenue: AU$4.37m (up 111% from FY 2020). Net loss: AU$2.70m (loss narrowed 2.8% from FY 2020). Revenue missed analyst estimates by 26%. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Executive Departure • Sep 07
Company Secretary Mark Licciardo has left the company On the 1st of September, Mark Licciardo's tenure as Company Secretary ended after 1.5 years in the role. As of June 2021, Mark still personally held only 100.00k shares (AU$5.2k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.58 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Jul 14
Non-Executive Director Theo Psaros has left the company On the 5th of July, Theo Psaros' tenure as Non-Executive Director ended after less than a year in the role. We don't have any record of a personal shareholding under Theo's name. Theo is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.50 years, which is considered inexperienced in the Simply Wall St Risk Model. Duyuru • May 05
Mobilicom Limited announced that it expects to receive AUD 3.84 million in funding from Psagot Investment House Ltd. and another investor Mobilicom Limited (ASX:MOB) announced it has entered into an agreement for private placement of 64,000,000 common shares at a price of AUD 0.06 per share for gross proceeds of AUD 3,840,000 on May 5, 2021. The transaction will include participation from new investors Psagot Pareto Hedge Fund and HA.A.L. Pension Fund Ltd., both funds managed by Psagot Investment House Ltd. for 60,800,000 shares and another investor for 3,200,000 shares. The investors will, subject to shareholder approval, also receive an equal number of options in the company basis on a one option for one shares exercisable at AUD 0.09 a share and exercisable 2 years, being June 23, 2023, from the issue date subject to the acceleration provisions. If shareholders do not approve the issue of the subscription options, the company has agreed to pay the investors an amount equal to 25% of their subscription sum within 20 business days. The transaction is expected to close on May 10, 2021. The shares will be escrowed for a six-month period from the date of issue. Duyuru • Mar 12
Mobilicom Limited Won Additional $320,000 for Cybersecurity Program Mobilicom Limited announced it has won an additional $320,000 (with additional net grant exceeding $210,000) for the next stage of a $1.8 million cybersecurity program first announced in 2019, resulting in total funding of $2.12 million. This Mobilicom research and development program has now received an additional budget of $320,000 and the Company plans to use the funds for a follow-up program to integrate and validate onboard drones
and robotics platforms. Reported Earnings • Feb 28
Full year 2020 earnings released: AU$0.011 loss per share (vs AU$0.015 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: AU$3.04m (down 12% from FY 2019). Net loss: AU$2.78m (loss narrowed 24% from FY 2019). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Duyuru • Feb 23
Mobilicom Limited Receives First Order from Smart Shooter Mobilicom Limited announced that it has received its first order from Smart Shooter, an Israel-based world leader in fire control teleoperation systems. Smart Shooter will incorporate Mobilicom's controller and MESH networking products (Mobilicom's SkyHopper Pro and Mobile Controller Terminal) into its SMASH family of fire control systems, including its SMASH Hopper Light Remote-Controlled Weapon Station (LRCWS). These systems require a robust and highly-secured data link to operate remotely for their customers in Israel and the United States. Mobilicom expects to deliver the first products under the first Smart Shooter purchase order before the end of March 2021. Duyuru • Feb 04
Mobilicom Limited Completes $1.1 million Delivery of Ground Controller Station Solution as Part of Existing $2.3 Million Contract Mobilicom Limited announced that it has delivered more than 150 units of its Ground Controller Station (GCS) solution, with a combined value of more than $350,000, under its contract with a leading drone supplier. This is the second commercial delivery of products under the contract, first announced 18 December 2019, which has now expanded to be worth more than $2.3 million with $1.1 million delivered upon thus far. The customer is one of the suppliers of drones, small Unmanned Aerial Vehicles (sUAV) and robotics outside of the US and engages in a wide range of defense, homeland security and commercial programs throughout the world with revenue of more than $3.6 billion. The customer selected Mobilicom as vendor of choice for supply of the GCS product for the customer's tactical drones and sUAVs. The customer is offering Mobilicom's solution with all of its drones and sUAV platforms worldwide. To fulfil the commercial quantities under this agreement and enable volume scalability for future projects, Mobilicom entered into an agreement with an Asia-Pacific electronic manufacturing company to build Mobilicom's GCS system products. Duyuru • Jan 29
Mobilicom Limited Receives the First Orders for Its Skyhopper Combo Device from A Subsidiary of Israel Aerospace Industries (Iai) Mobilicom Limited announced it has received the first orders for its SkyHopper Combo device from a subsidiary of Israel Aerospace Industries (IAI). IAI will use the units to initiate marketing and sales of its systems to government customers, based on the first of its kind solution providing it with a cutting-edge technology and a time to market advantage. IAI is Israel's major aerospace and aviation manufacturer, producing aerial and astronautic systems for both military and civilian usage. IAI designs, develops and produces civil aircraft, drones & fighter aircraft, missile, avionics, and space-based systems, banking revenues of more than USD billion annually. The volume of the order is not material at this stage, though the first orders are of importance to the Company as IAI is basing its new drone platform on the SkyHopper Combo product for future sales to the Israeli Government. SkyHopper Combo is a first-of-its-kind, small & lightweight 3-in-1 solution, providing a highly secured, broadband wireless datalink that can operate with or without network infrastructure. This device coupled with Mobilicom's ControliT secured cloud server enables configuration, network management, fleet management and tracking. Duyuru • Jan 22
Mobilicom Limited Announce it Has Delivered a Second Order of its SkyHopper PRO to FLIR Mobilicom Limited announced it has delivered a second order of its SkyHopper PRO to FLIR. FLIR is moving into the unmanned vehicles market through its acquisition of Altavian, a manufacturer of small unmanned aerial systems (sUAS) for defense and public safety customers, Endeavor Robotics, a leading manufacturer in unmanned ground systems (UGS) and combat-proven robots, and Aeryon, which makes high-performance drones for military, public safety and industrial operations. FLIR aims to become a top tier solution provider for robotics and drones and to capitalize on the US Department of Defense's plan to increase spending on unmanned systems. FLIR placed an initial order with Mobilicom for its SkyHopper PRO devices in November 2020, after completing extensive tests of its data link solution over several months. Mobilicom received the second purchase order after FLIR successfully integrated SkyHopper PRO into its new drone platform. Duyuru • Jan 21
Mobilicom Limited Appoints Theo Psaros as a Non-Executive Director Mobilicom Limited announced the appointment of Mr. Theo Psaros as a Non-Executive Director. Mr. Psaros's appointment will add to the strong skill set of the Mobilicom board and will assist Mobilicom with the positioning and messaging of its strategy to the Australian and Asian investment community. Mr. Psaros is a highly credentialed company director and senior executive with more than 35 years of diverse global and local commercial experience in a number of business sectors and industries within publicly companies, private companies, government departments and similar environments. He is currently Director of boutique corporate advisory firm Pecunia Advisory and Executive Chairman of ASX listed Metallica Minerals Limited. Duyuru • Nov 19
Mobilicom Limited Receives Repeat Order from US Ground Robotics Company Mobilicom Limited announced that it has received a repeat order valued at approximately $250,000 from a US ground robotics company, adding to its recent sales momentum in the US market with additional orders expected next year. As part of the order Mobilicom will deliver its MCU-30 Lite products and Mini Controller PRO, a robust Tactical Mobile Controller and ground control station. The customer is a unique designer within the robotics industry, with its solutions designed for a variety of industries including homeland security, mining, oil and gas, aerospace, maritime, petrochemical, public safety and construction. The order demonstrates the Mobilicom technology is at the forefront and meets the demands of high-level industry players. The robotics market is growing in. magnitude and manufacturing volumes are being scaled up. This US order follows Mobilicom's recent repeat order from Swift Engineering, which is integrating Mobilicom's SkyHopper ProV datalink and video solution into unmanned aerial vehicles (UAVs), a repeat order from Censys Technologies, and an initial order from FLIR Systems for Mobilicom's SkyHopper PRO. Duyuru • Nov 18
Mobilicom Limited Delivers Its First Order to US Company FLIR System Mobilicom Limited announced that it has delivered its first order to US company FLIR Systems, a world leader in thermal imaging infrared cameras. NASDAQ-listed FLIR is the global leader in the design, manufacture and marketing of thermal imaging infrared cameras. Based in United States and founded in 1978, the company makes thermal cameras and components for a wide variety of commercial and government applications. FLIR is moving into the unmanned vehicles market through its acquisition of Endeavor Robotics, a leading manufacturer in unmanned ground vehicles (UGV) for the global military, public safety and critical infrastructure markets and combat-proven robots. This is in addition to its acquisition of Aeryon Labs, a leading developer of high-performance unmanned aerial systems for global military, public safety and critical infrastructure. FLIR's solutions position it as a top tier provider for robotics and drones in all markets. FLIR has placed an initial order with Mobilicom for its SkyHopper PRO devices, after completing extensive tests of its data link solution over several months. The volume of the order is not material at this stage, though Mobilicom expects additional purchase orders as FLIR secures market share. Mobilicom CEO Oren Elkayam said FLIR's testing had put the SkyHopper PRO up against competitors to compare performance. Duyuru • Nov 11
Mobilicom Wins Repeat Order from Swift Engineering Mobilicom Limited announced it has fulfilled new orders from repeat customer Swift Engineering Inc, a US-based UAV manufacturer, with its technology set to be deployed as part of UAV law enforcement project . In the latest order, Mobilicom has delivered the SkyHopper ProV datalink and video solution for integration by Swift subsidiary, Swift Tactical Systems, into its UAV. It is the third Mobilicom solution Swift has purchased for integration, having previously bought and integrated Mobilicom's MCU30 and SkyHopper Pro devices into its drones for testing, demonstrations and initial deliveries in the US and Japan. The Swift VTOL is unique solution that has the ability to take off and land anywhere, like other quad-rotor devices, while being able to transition to efficient fixed-wing forward flight without additional launch and recovery equipment. It is intended for long-range operation services. Earlier this year, Swift Tactical Systems won a multi-agency unmanned aircraft systems contract with a strategic customer for use of drones to fight crime.