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.