Mobilicom announces latest purchase order from drone manufacturer in U.S.

Mobilicom (MOB) announced that the latest purchase order from one of the largest manufacturers of small-sized drones in the U.S. has increased the customer’s total recent orders to $1.55 million. The increase is driven by accelerating demand in the U.S. market for drone and associated technologies in general, and specifically for Mobilicom’s cybersecure solutions. “We are seeing a steady rise in production scale orders from this customer for drones that are under consideration for several Programs of Record with the DoD. Should any one of the Programs of Record come through, we believe we will experience an accelerating pace of more substantial order sizes from this Tier-1 customer,” stated Mobilicom CEO and Founder, Oren Elkayam. “This customer is just one example demonstrating how an early design win leads to repeat orders of increasing magnitude.”