Mobilicom Receives Major Drone Data Link Order Worth $600K

Introduction to Mobilicom’s New Order

Mobilicom Limited (NASDAQ: MOB) proudly announces a remarkable follow-on production scale order valued at approximately $600,000 from one of the largest drone manufacturers based in the U.S. This milestone highlights a continuous growth trajectory as the company has now achieved five production scale orders with this prominent customer.

Significant Clientele and Market Presence

This Tier-1 customer boasts over $5 billion in annual sales and recognizes the quality of Mobilicom’s offerings. Their drones are equipped with the advanced SkyHopper PRO datalink, which is essential for their operations, especially in U.S. Department of Defense (DOD) programs. These collaborations not only fulfill current government contracts but also pave the way for future orders.

CEO Statement on the Order

Oren Elkayam, the CEO and Founder of Mobilicom, expressed his pride regarding this recent order: "This follow-on order signifies the strong traction our drones are gaining among key U.S. government and defense clients. We anticipate completing deliveries soon to support the expansion of DOD programs." Elkayam also emphasized the confidence this client has shown in Mobilicom’s technology in challenging environments.

Market Potential for Drone Solutions

The global market for drone data link systems is projected to expand dramatically, with an anticipated growth rate of 25%, potentially reaching around $18 billion by 2030. Mobilicom's innovative solutions are expected to meet the heightened demand as the company strengthens its relationships with this customer and other leading Tier-1 manufacturers actively working on uncrewed autonomous vehicles (UAVs).

Superior Technology of SkyHopper PRO

Mobilicom’s SkyHopper PRO datalink emerged as the top choice out of four competing products after rigorous field testing. It features a Secured Cognitive Software Defined Radio (SDR) that provides exceptional performance, particularly in harsh conditions. Through an internal study, the company believes that SkyHopper PRO offers the best performance-to-SWaP-C (Size, Weight, Power, and Cost) ratio available in the market. Factors like excellent customer support and rapid production capabilities further bolster its appeal.

About Mobilicom’s Vision

Mobilicom is at the forefront of providing cybersecure, robust solutions tailored for the thriving defense and commercial drone market. The company's extensive portfolio encompasses a myriad of field-proven technologies, including vital cybersecurity measures, comprehensive software, hardware, and professional services, which collectively enhance the operational capabilities of drones and robotics across various sectors.

Global Impact and Customer Base

Mobilicom’s solutions have been deployed worldwide, catering to over 50 clients, including some of the largest drone manufacturers. Their products are utilized in mission-critical operations, underscoring Mobilicom's commitment to delivering high-quality and reliable solutions.

Contact Information

Investors seeking further information about Mobilicom can visit their official investor relations page. For corporate inquiries, please refer to their main website.

For press inquiries, contact:

Liad Gelfer
Mobilicom Ltd
liad.gelfer@mobilicom.com

Frequently Asked Questions

What is the recent order value for Mobilicom?

The recent follow-on order is valued at approximately $600,000.

From which company did Mobilicom receive this order?

The order was placed by one of the largest U.S.-based drone manufacturers.

What is the significance of the SkyHopper PRO datalink?

SkyHopper PRO serves as a critical component in drones, especially for U.S. Department of Defense programs, indicating high reliability and performance.

What growth is expected in the global drone data link system market?

The market is expected to grow at a CAGR of 25%, reaching approximately $18 billion by 2030.

How many customers does Mobilicom serve worldwide?

Mobilicom serves over 50 customers across the globe, including major drone manufacturers.

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