Mobilicom awarded $917,000 further R&D programs

Key points
o $582,000 grant awarded for phase two of the Israeli Innovation Authority WIN Consortium’s development of wireless artificial intelligence for 5G networks
o $335,000 grant awarded for the second year of the U.S. Space Florida innovation project, focused on developing dual datalink communication systems for autonomous platforms
13 December 2021 – Mobilicom Limited (Mobilicom or the Company, ASX: MOB) has been awarded two further research and development programs for existing international projects, reflecting Mobilicom’s industry-leading innovation within the drone, robotics, and autonomous platforms sector.
WIN Consortium
Mobilicom will receive $582,000 net in grant funding from the Israel Innovation Authority for its participation in the second phase of the Wireless Intelligent Networks (WIN) Consortium’s development of wireless artificial intelligence for 5G networks. The outcome of this research and know-how will be incorporated into future products for commercial and industrial drones, robotics and autonomous platforms.
As previously announced, in Phase One of the project Mobilicom researched AI Spectrum sensing and AI scheduling. Phase two will build on this research and capability, incorporating a proof-of-concept with other Consortium participants. The project will start shortly, and Mobilicom will leverage its MESH networking expertise in phase two to develop wireless AI to enable and optimise the performance of 5G technology in unmanned platforms.
Mobilicom is working alongside industry leaders in the Consortium, including wireless networking equipment provider Ceragon Networks, semiconductor IP company Ceva Inc., international defense electronics provider Elbit, as well as high-profile academic institutions.
Space Florida
In partnership with US drone company Censys Technologies, Mobilicom has been awarded $335,000 net grant funding for the second year of the Space Florida USA R&D program.
Under the innovation program, Mobilicom and Censys are developing an Autonomous Platforms Dual Datalink (APDL) communications system to improve drone safety and drone operations beyond visual line-of-sight in three key areas: drone delivery, infrastructure inspection, and security and law enforcement.
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The solution will use two concurrent wideband transmitting transceivers to build in auto redundancy capability, with ongoing data-reception analysis for improved reliability for command-and-control systems, telemetry, and situational awareness.
Commenting on the research awards, Mobilicom CEO Oren Elkayam said, “These new awards for additional R&D work are a testament to the cutting-edge innovation of our drone and robotics technology, and the successful results we have been able to create so far across both projects.
“Mobilicom has extensive experience across collaborative MESH networking, 4G LTE technology, and we are leveraging this know-how to create a best-of-breed AI solution for 5G. As drones and unmanned systems rely almost entirely on wireless networks, our R&D work for the WIN Consortium is incredibly important to supporting the growing adoption of drones for commercial applications. Access to 5G cellular technology is growing rapidly, facilitating improved and flexible connectivity.
“Regulation is key to unlocking the broader use of drones and robotics platforms for commercial and civil applications, particularly drone delivery. While we have already seen regulatory progress in the EU, the US equivalent (the US Federal Aviation Authority) is still working through the necessary requirements to
streamline drone operations beyond visual-line-of-sight. Redundant communication systems for autonomous drones and unmanned aerial systems will be key to addressing critical safety and security challenges. We expect Censys will be one of the first to adopt the dual datalink communications technology we are currently developing with them.”

Mobilicom secures first cybersecurity software contract

Key points
• Mobilicom has developed an ICE Cybersecurity Suite that is AI-based 360° software for drones, robotics and autonomous platforms that detects, prevents, and responds to multiple cyber
threats in real-time without operator intervention
• Israel Ministry of Defense (IMOD) has entered into an initial $270,000 contract for this suite for use in tactical drones and robotics platforms
• IMOD is a global leader in the use of cybersecurity across all its operations and will conduct extensive in-field implementation of Mobilicom’s cybersecurity software ahead of potential
broader rollout
• This Cybersecurity software add-on aligns with Mobilicom’s end-to-end go-to-market strategy and transition to a software-as-a-service business model
3 November 2021 – Mobilicom Limited (Mobilicom or the Company, ASX: MOB) has secured the first sale of its AI-based 360° cybersecurity software to the Israel Ministry of Defense (IMOD), valued at $270,000.
Mobilicom’s Immunity Cybersecurity and Encryption (ICE) cybersecurity software will be embedded within its networking smart solutions being used in IMOD’s tactical drones and robotics platforms, providing autonomous protection against multiple cyber breaches and malicious attacks.
The add-on multi-faceted and multi-layered software protects the platform, safeguards communication channels, and encrypts the data that is transmitted and collected. It is the world’s first AI-based 360° software that can detect, prevent, and respond to multiple drone/robotics cyber-attacks in real-time without requiring intervention by an operator.
The IMOD is a global leader and one of the most recognised organisations in the use of cybersecurity across its military and defense operations. As part of the contract, the IMOD will conduct extensive in-field implementation of Mobilicom’s cybersecurity software under a range of conditions. The in-field implementation is expected to take several months. Following successful in-field validation, all future IMOD purchases of Mobilicom’s networking and datalink smart hardware solutions will also include cybersecurity software.
Mobilicom CEO Oren Elkayam said, “Our first cybersecurity sale provides important technical and commercial validation, enabling us to validate the capability of our software with a globally respected drone and cybersecurity user. The IMOD is an early adopter of cutting-edge technologies, particularly in the field of cybersecurity. To have our cyber software implemented across its range of tactical drones and robotics platforms provides an important market validation as to the quality and innovation of our technology, and our industry leadership in this domain.
“We will initially work with the IMOD to integrate the ICE cybersecurity software into their tactical drones and robotics platforms, before carrying out extensive in-field implementation, including orchestrated malicious threats and cyber-attacks. This top-tier third-party validation is key to securing future sales from
other drone and robotics manufacturers.
“Our software caters to the growing global demand for cybersecurity for drone and robotics platforms for defense applications, which are increasingly at risk from malicious threats. The ICE cybersecurity software addresses critical safety and security challenges for operators, enabling drones and robotics platforms to autonomously prevent and respond to cyber-attacks in real-time. And as an add-on software licensing module, it can be easily embedded into Mobilicom’s existing smart solutions that are already in drones and other platforms. As drone use increases, we expect demand for cybersecurity solutions will grow to include industrial and commercial applications.
“While a significant portion of the contract revenues are expected to be realised in Q4 2021.The contract with IMOD also demonstrates the success of our end-to-end strategy and upsell approach, where we have increased their revenue contribution over time by adding additional components such as cybersecurity and software to already sold networking/datalink and controller hardware.”

Mobilicom fulfils delivery to leading global drone supplier

7 October 2021 – Mobilicom Limited (Mobilicom or the Company, ASX: MOB) has successfully fulfilled its existing $2.3 million contract with global drone supplier, delivering the final installment of more than 200 Ground Controller Stations (GCS) valued at $470,000.
The tactical mobile Ground Controller Stations will be integrated within the customer’s range of tactical drones and small fixed-wing unmanned aerial vehicles (UAV). The customer is one of the largest suppliers of drones, small unmanned aerial vehicles (sUAV) and robotics outside of the USA with its solutions used globally within the defense, security and commercial sectors.
Under the multi-year contract, Mobilicom has delivered over 600 of its Ground Controller Station units, which enable drone and sUAV mission control and operation.
Mobilicom CEO Oren Elkayam said, “Despite global supply chain challenges, Mobilicom has leveraged its Asia-Pacific manufacturing capability to fulfil contract deliveries milestones. Mobilicom’s demonstrated ability to deliver cutting-edge solutions with scalable volume manufacturing capability has led to expansion into additional platforms with this global drone & robotics supplier. It demonstrates again the strength of Mobilicom’s end-to-end offering strategy. Mobilicom expects to secure additional orders of drones & robotics smart solutions from the customer to address growing deployment demand.
“With annual revenues of more than $3.6 billion, this customer aligns with our long-term growth strategy of hardware sales and recurring licensing revenue, by targeting large drone and robotics manufacturers that have the potential to scale. Our growing end-to-end offering of smart solutions and cybersecurity for drones, robotics and autonomy platforms, including our industry-leading cybersecurity software, has enabled us to broaden our offerings to include new products and other smart solution components. This end-to-end strategy is a key differentiator for Mobilicom.”

Mobilicom secures new $400K contract from Israel Aerospace Industries (IAI)

Key points
• Mobilicom is to supply two smart solution components for use in IAI’s new tactical drone system
• The initial purchase order is a design win to fulfil IAI’s first customer deployment and guarantees use of Mobilicom’s smart solutions within IAI’s drone system, demonstrating the effectiveness of Mobilicom’s end-to-end strategy
• IAI is a leading aerospace and aviation manufacturer that also produces state-of-the-art drones for defence and commercial markets globally with yearly revenues of more than US$4 billion
27 September 2021 – Mobilicom Limited (Mobilicom or the Company, ASX: MOB) has secured a design win and initial $400,000 purchase order from Israel Aerospace Industries (IAI) for two smart solution components for use in a new tactical drone system.
Under the contract, Mobilicom will supply its SkyHopper PRO dual datalink units and 10” Touch mobile ground station controller for use in IAI’s innovative new Aerial Vehicle tactical drone system. Mobilicom’s smart solutions will be embedded within both IAI’s drone and ground control station to enable drone control, data telemetry and real-time high-definition video.
IAI is a leading aerospace and aviation manufacturer with a product portfolio that includes state-of-the art drone solutions for defence and commercial markets in several countries. It has already secured first orders from its global customer base of its new lightweight Aerial Vehicle, which is designed to be quickly assembled and operated by a single person. As a design win, future orders and deployments of IAI’s tactical drone system will directly result in additional orders of Mobilicom’s smart solution components.
Delivery of Mobilicom’s smart solution units to fulfil the initial purchase order is expected to be completed within Q3 2021.
Mobilicom CEO Oren Elkayam said, “The initial purchase order represents only the first deployment of IAI’s new tactical drone system to an international customer, with the potential to scale significantly as additional orders are received. This design win – the second step in our go-to-market strategy – ensures integration of our smart solution components into IAI’s tactical drone platform on an ongoing basis. As IAI promotes its new tactical drone system to its global customer base, we expect orders and licencing revenue from this contract will increase significantly.
“Designed to engage with moving targets in urban and complex environments, the provision of Mobilicom’s real-time high-definition video is critical to mission success for IAI’s new tactical drone. The ability to incorporate our industry-leading cybersecurity software is a key competitive advantage, particularly within defence applications.
“As the industry’s leading end-to-end provider of smart solutions and cybersecurity for drones, robotics and autonomous platforms, this design win reflects the success of our end-to-end strategy, whereby Mobilicom is able to offer additional smart solution components to improve the effectiveness of drone operations and increase stickiness with customers over the long-term.”

Mobilicom delivers record half-year revenue, Progresses transition to SaaS business model

  • Significant customer revenue growth, up 66% over PCP to $2.0 million
  • Momentum in business growth with strong backlog of confirmed orders to be delivered and invoiced in 2H FY21 of $1.2 million
  • Net operating cash burn of $0.7 million for 1H FY21
  • Strong cash reserves of $5.5 million
  • Post-period end, launched ICE Cybersecurity Suite and signed partnership with U.S. based Triad RF
  • Growing cybersecurity and cloud software offering facilitating transition to Software-as-a Service (SaaS) business model with recurring revenues
    30 August 2021 – Mobilicom Limited (Mobilicom or the Company, ASX: MOB) releases its half year results for the period ending 30 June 2021 and delivers strong results across several key metrics. Commenting on the Company’s progress, Mobilicom CEO, Oren Elkayam, said, “The first half of 2021 has been instrumental in positioning Mobilicom for future growth as it transitions from a hardware provider based on R&D to a “Software-as-a-Service (SaaS)” company, offering end-to-end software and hardware
    smart solutions and cybersecurity for drones, robotics and autonomous platforms.
    “The cloud and cybersecurity offering enables Mobilicom to target recurring revenues from software licensing and support services within a large and growing addressable market and will serve as a significant growth engine for the Company in the coming years.
    “Our ICE cybersecurity suite is designed specifically for drones, robotics and autonomous platforms, and caters to the growing need for commercial and industrial operators to protect not just their drone platform, but also their data and communication channels from malicious threats and attacks.
    “Even with COVID-19 still affecting general market conditions, Mobilicom increased revenues by 66%, mainly from top-tier customers. Mobilicom also harnessed its end-to-end offering, reputation as holders of patented technology and unique know-how for Mobile Mesh networking and cybersecurity to increase traditional hardware sales and professional support services for its solutions from an increasing number of global drones, robotics and autonomous system platform manufacturers.
    “Through prudent operations and cost management Mobilicom reduced the net loss by more than 50%, and the current cash reserves have created a long runway to support operational needs and future business growth.”
    Financial Highlights
    Mobilicom delivered strong results for the half-year with total revenue increasing 40% over the prior corresponding period (PCP) to $2.5 million, up from $1.8 million in 1H FY20.
    Customer revenue was the main growth driver, up 66% over PCP to $2.0 million (30 June 2020: $1.2 million). Revenue growth was mainly driven by new and existing top-tier customers. Mobilicom also managed to maintain its high gross margin of 67%, by leveraging its newly established APAC-based manufacturing capability.
    The Company invested heavily in sales and marketing and has a strong backlog of confirmed orders, of $1.2 million. Mobilicom expects to deliver these throughout the 2021 calendar year while also securing new orders and growing its sales pipeline.
    Mobilicom reported a net loss of $0.6 million, a 52% improvement on PCP (30 June 2020: loss of $1.2 million).
    The Company is well-positioned with $5.5 million in cash following the completion of the placement to Psagot Investment House, one of Israel’s largest pension fund managers. The cash ensures Mobilicom is well-funded to execute on its growth strategy and provides a long operational runway.
    Net cash used in operating activities decreased 36% to $0.7 million, down from $1.0 million for the same period last year, as the Company optimised its operating procedures to offset challenging COVID-19 conditions.
    Mobilicom’s cost-base in FY21 will shift from R&D to sales and marketing, as the Company finalises the commercialisation of its newly developed cybersecurity and cloud-based products. The Company will continue to invest in sales and marketing to support revenue growth in the coming years.
    Operational Highlights
    During 1H FY21, Mobilicom secured repeat purchase orders from its existing global customer base and won new customers including Teledyne Flir (S&P500), Elbit Systems, ST Engineering, Rafael, Plasan, Smart Shooter, and other leading drones and robotics suppliers.
    Post-period end, Mobilicom launched its AI-based Immunity Cybersecurity and Encryption (ICE) cybersecurity suite to provide industry-leading 360° protection for commercial and industrial drones, robotics, and autonomous platforms against a wide variety of malicious attacks.
    The ICE cybersecurity suite is the first AI-based 360° system in the world to be able to detect, prevent and respond to multiple drone/robotics cyber-attacks in real-time without requiring intervention by an operator. The ICE multi-faceted and multi-layered suite protects the platform, safeguards communication channels, and encrypts the data that is transmitted and collected.
    The Company intends to incorporate its ICE Cybersecurity Suite into its range of end-to-end smart solutions across both the Mobilicom and SkyHopper brands.
    Strategic Partnership
    Post-period end, Mobilicom entered into a partnership with a US-based designer and manufacturer of RF/microwave amplifiers and integrated radio systems, Triad RF Systems. The partnership enables Mobilicom to cost-effectively expand its presence in the US market, leveraging Triad’s existing sales channels and customer base.
    The partnership will initially provide an integrated product line featuring Mobilicom’s multi-function radios (MCU product family) coupled with Triad’s high-power radio solutions. The new product line will include Mobilicom’s secure Mobile MESH technology with its ICE Cybersecurity Suite and Triad’s smart RF amplifiers to provide the most cost-effective and efficient fully integrated amplified MIMO (multi-input and multi-output) radios for MESH network communications currently on the market.
    The integrated product line will target suppliers and manufacturers in the rapidly expanding unmanned/autonomous systems market, and will have clear applications within military and industrial UAV drone and robotic segments, providing end users with enhanced levels of security and performance.
    Outlook
    Mobilicom remains focused on growing revenue, fulfilling existing orders, and securing new contracts within the commercial and industrial drone and robotics market, which is expected to reach US$18 billion by 2026.
    As an end-to-end provider of smart solutions for drones, robotics and autonomous platforms, Mobilicom will continue to grow its complementary software offering and transition to a SaaS business with long-term recurring revenues.
    Additionally, the Company is enhancing its operational efficiencies as it works to reduce and control overhead costs.

Mobilicom launches world-first AI-based 360° Cybersecurity Suite for drones, robotics

  • First ever AI-based 360° drone cybersecurity system that can detect, prevent, and respond to multiple cyber threats in real-time without requiring an operator
  • Designed specifically for industrial and commercial drones, robotics, and autonomous platforms, Mobilicom’s ICE Cybersecurity Suite is a 360⁰ and multi-layered system that
    protects the platform, safeguards communication channels, and encrypts data
  • The system will be incorporated into Mobilicom’s range of end-to-end smart solutions for the drone and robotics market, and caters to fast-growing cybersecurity demand
  • The Cybersecurity Suite expands Mobilicom’s offering and aligns with its transition to a software-as-a-service business model
    16 August 2021 – Mobilicom Limited (Mobilicom or the Company, ASX: MOB) has launched its AI-based Immunity Cybersecurity and Encryption (ICE) cybersecurity suite to provide industry-leading 360° protection for commercial and industrial drones, robotics, and autonomous platforms against a wide variety of malicious attacks, including jamming.
    Mobilicom’s ICE cybersecurity suite is the first AI-based 360° system in the world to be able to detect, prevent and respond to multiple drone/robotics cyber-attacks in real-time without requiring intervention by an operator. The ICE multi-faceted and multi-layered suite protects the platform, safeguards communication channels and encrypts the data that is transmitted and collected.
    Specifically designed for commercial and industrial drone, robotics and autonomous platforms, Mobilcom’s ICE cybersecurity solution protects against more than 10 different types of cyber breaches and malicious attacks including jamming.
    Mobilicom will be offering drone and robotics manufacturers the ICE Cybersecurity Suite as an add-on software licensing module. All products of Mobilicom and SkyHopper will come with primary (Silver) cyber suite and professional cyber suite (Gold) can be bought to provide holistic 360° protection.
    Mobilicom will be engaging with its existing customer base to explore opportunities to implement its Cybersecurity Suite as part of current and future contracts.
    Mobilicom will also incorporate its ICE Cybersecurity Suite into its range of end-to-end smart solutions across both the Mobilicom and SkyHopper brands.
    The ICE Cybersecurity Suite is the result of more than three years’ research and development and provides a solution to real-world attacks and treats that are impacting leading customers within the domain. The technology leverages Mobilicom’s extensive integration experience with over 70 types of drones, robotics and autonomous platforms. Mobilicom CEO Oren Elkayam said, “Already well regarded as innovative providers of end-to-end smart solutions for drones, robotics and autonomous platforms, our first-generation Cybersecurity Suite
    addresses critical safety and security challenges for commercial and industrial drone and robotics operators. As commercial drone use increases, we are first-to-market with an AI-based 360⁰ solution that mitigates current cyber security risks and threats.
    “We are well-positioned to capitalise on the fast-growing commercial and defense drone market, which is expected to reach $18 billion by 2026. Our extensive experience within the drone and robotics market has provided us with deep insights into the unique challenges associated with securely operating industrial and commercial drones. Traditional cybersecurity solutions are not suitable for drone and robotics platforms, which operate in a distributed and decentralised manner and predominantly rely on wireless networks which are facing multiple unknown threats.
    “Given our ability to autonomously detect, prevent and respond to these threats in real time, we expect our ICE cybersecurity will become a major new income stream for Mobilicom, improving our gross profit and profitability over the long-term. ICE cybersecurity will be offered under licence, offering our existing customers and the industry the ability to access the latest innovations in advanced integrated security on an ongoing basis. Our ICE cybersecurity offering complements our existing end-to-end smart solutions for the drone and robotics market, and aligns with our longer-term transition to a SaaS business.”

Mobilicom enters into a partnership with US Based Triad RF Systems (Triad)

  • The partnership will provide a new product line for both Triad and Mobilicom and will integrate Mobilicom’s multi-function radios with Triad’s high-power radio solutions
  •  This will create enhanced distribution opportunities and exposure to the unmanned/autonomous systems markets
  • The product has applications within military and industrial UxV drone and robotic segments
    13 August 2021 – Mobilicom Limited (Mobilicom or the Company, ASX: MOB) has entered into a partnership with designer and manufacturer of RF/microwave amplifiers and integrated radio systems, Triad RF Systems (‘Triad’).
    The partnership will initially provide an integrated product line featuring Mobilicom’s multi-function radios (MCU product family) coupled with Triad’s high-power radio solutions and create a new product line for sale and distribution by both companies. The product line will include Mobilicom’s secure Mobile MESH technology and its ICE Cybersecurity Suite with Triad’s smart RF amplifiers to provide the most cost effective and efficient fully integrated amplified MIMO (multi-input and multi-output) radios, on the market, for MESH network communications.
    Targeted at suppliers and manufacturers in the rapidly expanding unmanned/autonomous systems market, the product line has clear applications within military and industrial UxV drone and robotic segments and will provide end users with enhanced levels of security and performance.
    Triad designs, manufactures and integrates multi-channel RF amplifiers, designed specifically for MIMO radios. They produce the most efficient and smallest amplifier solutions currently available and specialise in integrating their amplifiers with radios to produce off-the-shelf solutions which reduce integration for their customers and greatly extends the range of the radio. Triad is based in the New Jersey with distribution in the US.
    Triad’s VP of Business Development, Patrick Sherlock said, “Pairing Mobilicom’s very capable and secure radios with our smart amplifier technology is a natural coupling. Mobilicom’s vast high powered radio user base can take advantage of the additional amplification provided by Triad to achieve longer range links and higher data rates at distance.”
    Mobilicom CEO, Oren Elkayam, commented on the alliance, “Working with Triad to provide integrated products will improve the distance and data range of our products. Additionally, it will provide an expanded market opportunity with further exposure to the rapidly growing unmanned and autonomous systems markets, a key strategic objective for Mobilicom.
    “We see significant upside for this partnership as it enhances our existing product and provides further channel opportunities within the US market in the military and industrial segments.”
    Both Company’s will share the implementation and integration costs associated with the product development with associated revenue to be dependent on customer orders.

Mobilicom delivers on $280,000 contract with leading unmanned system provider

  • Mobilicom delivers MCU200 Mobile Mesh networking units to global robotics, drones and unmanned platforms provider Elbit Systems
  • Elbit will integrate Mobilicom’s technology in its unmanned surface vehicle (USV)
  • Elbit is one of the largest international suppliers in its field, with yearly revenues of more than US$6 billion
  • One of several contracts Mobilicom has in place with Elbit Systems
    29 June 2021 – Mobilicom Limited (Mobilicom or the Company, ASX: MOB) is pleased to announce it has completed delivery of 200 of its MCU200 Mobile Mesh networking units to global robotics, drones and unmanned platforms provider Elbit Systems in a contract worth $280,000.
    NASDAQ-listed Elbit Systems (ESLT) has a market cap of more than US$7.8 billion, with yearly revenues exceeding US$6 billion and more than 17,000 employees worldwide.
    Elbit provides airborne, land and naval systems and products catering primarily to the defense and homeland security sectors, as well as the commercial market, and is one of the largest suppliers of drones and unmanned systems outside of the US. It invests in and develops a variety of robotics, drones and unmanned platforms in air, land and sea for the commercial and defense segments. Elbit is considered to be a world leader in unmanned surface vessels (USV) and recently won a contract to supply its Seagull USVs to the Navy of an Asia-Pacific country.
    Mobilicom CEO Oren Elkayam said Elbit selected Mobilicom’s MCU200 units to provide a secure maritime communication solution and data link for its Seagull USV.
    “Mobilicom’s MCU200 Mobile Mesh networking units are an integral part of the USVs to be supplied under the international Navy contract. The MCU200 enables remote control of the Seagull’s sailing and navigation, receiving the vessel telemetry, live videos and sensors for its operation.
    “This purchase order demonstrates that Mobilicom’s strategy as end-to-end provider of smart solutions for robotics, drones and autonomous platforms is succeeding.
    “Mobilicom was originally chosen as controller provider for Elbit’s drones and small UAVs with an initial multi-million-dollar contract. Now, we have the opportunity to increase revenues by extending our relationship with Elbit by providing a networking solution for the Seagull and expanding into additional platforms of Elbit.”
    Figures 1 and 2 – Mobilicom’s MCU200 Mobile Mesh networking units
    More information on Elbit Systems can be found here: https://elbitsystems.com/ and
    https://elbitsystems.com/products/uas/unmanned-surface-vehicle/

Mobilicom completes third delivery for existing $2.3M contract

  • Mobilicom’s Ground Controller Systems (GCS) are being integrated into a leading drone supplier engaged in defense, homeland security and commercial activities.
  • This recent delivery of over 200 units, $470,000, has been delivered making a total of $1.8m of products delivered to this customer.
  • This delivery further cements Mobilicom’s ability to scale its production and confirms Mobilicom’s technical ability to deliver “state of the art” products to its customers
  • Further orders are now expected from this customer.
    7 June 2021 – Mobilicom Limited (Mobilicom or the Company, ASX: MOB) is pleased to announce it has successfully completed delivery of more than $1.8 million of products for the $2.3 million contract with a leading global drone supplier, following shipment of over 200 additional units of its Ground Controller System.
    Mobilicom’s latest delivery of its products, valued at $470,000, is the third instalment under its existing contract with the supplier, which grew from ~$2M to more than $2.3M as announced on 4 February 2021.
    The initial contract was announced in 2018.
    The customer has revenues of more than $3.6bn and is an international high technology company engaged in a range of defense, homeland security and commercial programs throughout the world. It is one of the largest suppliers of drones, small unmanned aerial vehicles (sUAV) and robotics outside of the US.
    Mobilicom’s Ground Controller Systems (GCS) are being integrated into the customer’s drones and sUAV platforms worldwide.
    Mobilicom CEO Oren Elkayam said the Company completed the latest delivery from its manufacturing capacity in the Asia-Pacific, which it expanded to commercial scale to meet high volume production demands.
    “Mobilicom has proven it is able to scale production, and execute fulfillment on this large contract despite the impacts of COVID-19 and supply chain issues worldwide, while maintaining gross margin targets,” he said.
    “The successful execution and delivery will contribute to Mobilicom’s significant revenue growth planned for 2021.”
    Mobilicom expects to deliver further GCS units under the existing contract during 2021, with further orders from the customer anticipated in due course.

Mobilicom secures new business wins with top drones & robotics players

  • Design win & maiden purchase order with major Asia-Pacific conglomerate ST Engineering
  • Datalink and controller solutions chosen by renowned worldwide “vehicle systems business” Plasan
  • Initial purchase order from Rafael, a top tier defense, HLS & unmanned platforms business
  • Mobilicom will enjoy sales growth when these top players will commercialise their solutions globally
  • These important business wins in the drones & robotics sectors, provide up-sale and expansion opportunities within these very large conglomerates
    24 May 2021 – Mobilicom Limited (Mobilicom or the Company) is pleased to announce it has achieved
    several new business wins and purchase orders with leading businesses in the drones and robotics
    sector.
    ST Engineering
    Chosen by ST Engineering (STE) for a newly designed robotics solution for the Asia-Pacific market, which will utilize Mobilicom’s secured datalink units and its controller solution.
    STE is a Singapore-based engineering conglomerate with more than S$7b in revenue, and is one of the largest companies listed on the Singapore Exchange. It has invested heavily in and developed a variety of robotics, drones and unmanned platforms spanning the commercial and defense markets.
    STE has taken delivery of its initial order of MCU30 and controller units that will enable it to build its robotics solution for its customers.
    Plasan
    Chosen by Vehicle systems specialist Plasan for Mobilicom’s secured datalink units and controller solutions to be used in its Stinger autonomous vehicle.
    Israel-based Plasan designs, develops, manufactures and integrates total protection vehicle systems for the defense and commercial markets, having implemented 33,000 solutions in more than 20 countries over a 30-year history.
    Mobilicom’s solutions allow the teleoperation of Plasan’s stinger vehicle and the ability to remotely control its weapon stations. The first Stinger vehicles with this solution have been delivered to a potential customer and partner in the UAE.
    Rafael
    Mobilicom has received an initial purchase order of A$150,000 from leading unmanned platforms provider Rafael. The units will be delivered during 2021 and further purchase orders are expected in due course.Rafael, with revenues of ~US$3b, is a worldwide pioneer in defense, cyber and security solutions. As well as a leading player in teleoperated and unmanned platforms in sea, ground and air.
    Mobilcom CEO Oren Elkayam commented on the new business achievements:
    “We continue to capture the attention of tier one players in drones, robotics and unmanned platforms. As the market continues to scale up we expect this to lead to many additional purchase orders, in greater volume, as well as providing new sales opportunities within these very large organisations. These wins also continue to position Mobilicom as a go-to provider for critical smart solutions in the field, and will lead to more new business leads, design wins and sales.”