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3, 2, 1…go! Drone revenue set for lift-off

 

Mobilicom (ASX:MOB) listed on the ASX in May 2017after raising A$7.5m at an IPO offer price of A$0.20ps, and acquiring MobilicomIsrael. The communication solutions developed and produced in Israel byMobilicom Israel are based on an innovative approach merging 4G and mobile-mesh(each unit is a transmitter, receiver and transponder) communicationtechnologies. As a result, the Mobilicom communication units (MCUs) can operatewithout existing infrastructure, are private, flexible, and faster than alternativecommunication solutions i.e., WiFi Mesh, Cellular, digital video broadcasting.

MOB is now positioned to take advantage of thegrowing need for highly secure, mission-critical private network solutions insectors such as maritime facilities, on-land remote/unmanned facilities,disaster relief and public safety, security and surveillance. Sales are in agrowth phase; currently, the group has secured a worldwide customer base (40customers in 15 countries) in government organisations, military andenterprises. MOB has also identified that a massive emerging opportunity existsin unmanned vehicles, robotics and unmanned aerial vehicles (drones). MOB’sSkyHopper division has developed a portfolio of products which offers “end-to-end”hardware, software, support and integration services for the commercial UAV androbotics markets. MOB’s integrated product offering is a key differentiator,and is, we suggest, an important reason why MOB has (already) integrated with50 commercial drone manufacturers, and has won 10 design wins. These designwins indicate that the SkyHopper brand is in a strong sales position as thecommercial drone market ramps up. Industry analysts “inside unmanned systems” forecasts that the drone market will growfrom current levels of ~US$9bn to ~US$20bn by 2025, with this growth underpinnedby increasing military and new commercial applications. Commercial sectors thatare forecast to employ drone technology include agriculture, oil and gas,utility and power, real estate, insurance, mining, film, media, scientificresearch, first responders, and delivery.


 
30/01/2019 9:00:00 AM

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