tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Mobilicom receives follow-on order from defense manufacturer

Mobilicom has received a follow-on order from one of the largest U.S. drone manufacturers of “small-sized” drones. This defense manufacturer, with over $5 billion in annual sales, is equipping its drones with Mobilicom’s SkyHopper PRO. These drones are sold to end-users in the U.S. defense market, including the U.S. Department of Defense. “This order, valued at approximately $500,000, is expected to be followed up with larger orders as this drone manufacturer continues to successfully compete and win government tenders for thousands of its drones.” stated Mobilicom CEO and Founder Oren Elkayam.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1