Disclaimer: All information on this section is of a general nature.
Before making any investment decision, you should consult your adviser.
Events Over the past few months, MOB has made several announcements of new contracts/business developments; this indicates to us that the Israeli-based company is starting to gain global traction in the mobile private networks space – and particularly in the rapidly growing drone market. · Global aerospace Airbus has integrated MOB’s SkyHopper Pro into its commercial drone platform. While the initial purchase order is not material, the sale to a top-tier aerospace company is a strong endorsement of the product’s capability. · Sales momentum growing with sales of SkyHopper and/or MCU products to companies such as ExxonMobil, General Electric (GE), Nexter Robotics (part of Nexter, a leading French land defense company), DLR (Germany’s national centre for aerospace, energy, and transportation research), and an (unnamed) US ground robotics company. · The Israeli Ministry of Defence and the Israel Innovation Authority have approved a two-year A$1.8m R&D program for MOB to investigate the development of cyber security using AI for drones and robotics platforms. · Breakthrough commercial drone security upgrade solution & increased Israeli MOD orders. · MOB enters a key strategic partnership with leading drone manufacturer Yuneec. |