Mobilicom wins $1.8 million program
- Israel Ministry of Defense and the Israel Innovation Authority have approved a AUD$1.8 million R&D program for Mobilicom
- The program focuses on the development of Cyber Security using Artificial Intelligence (AI) for drones and robotics platforms
- Reinforces Mobilicom as a holistic provider of solutions for drones and robotics
- The program strengthens the Company’s long-term financial position and cash-flow performance
Mobilicom’s project will focus on the development of cyber technologies using Artificial Intelligence (AI) as an add-on module for drones and unmanned platforms. Mobilicom is planning to develop an anti-hijacking and anti-spoofing system for commercial and industrial drones and robotics. It will enable autonomous drone cyber security without intervention by an operator in real-time.
This solution is a game-changer for commercial drone deployment as cyber security is critical for the success of the commercial drone market. Mobilicom’s innovative solution will mitigate the cyber security risks and as a result, enable the acceleration of commercial drone market scalability.
This is a two-year project with a grant of 66% based on the overall project value and thus strengthens the Company’s financial and cash flow performance.
Mobilicom’s CEO Oren Elkayam commented:
“We look forward to bringing this project to fruition as the outcome will serve as a game-changer in the commercial drone and robotics industry and reinforce Mobilicom as a holistic solution provider for drones and other unmanned platforms.”