News and Announcements
Mobilicom’s commercial drone upgrade solution receives order exceeding $280K from Israel Navy
- Published May 30, 2019 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Highlights
- Mobilicom is delighted to announce the receipt of over $280, 000 from the Israel Navy for its Commercial Drone Upgrade Solution.
- This takes the investment from the Israel Ministry of Defense for the Commercial Drone Upgrade Solution to over $850,000.
- Mobilicom is well on track to achieve its target of $1 million from the Israel Ministry of Defence by the end of 2019.
Mobilicom is delighted to announce the receipt of over $280, 000 from the Israel Navy for its Commercial Drone Upgrade Solution. This takes the investment from the Israel Ministry of Defence for the Commercial Drone Upgrade Solution to over $850,000.
The upgraded, after-market add on drone solution came about after the US ban on particular drones as a result of backdoor cyber risks. Recent sales have shown the high level of interest across numerous Ministry of Defence Units. The Israel Navy is an excellent demonstration and testament to the application of the product within the market.
Mobilicom is well on track to achieve its target of $1 million from the Israel Ministry of Defence by the end 2019.
Mobilicom (ASX: MOB)
Mobilicom designs, develops and markets solutions for mission-critical and remote mobile private communication networks without the need for, or use of, any existing infrastructure. Mobilicom’s products and technology merge 4G communication with Mobile MESH technologies into a unified solution, with several product families that have been commercially deployed. Mobilicom’s SkyHopper entity targets the Professional, Commercial and Industrial UAV market.
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