KWESST Micro Systems Engages RedChip to Lead Investor Relations Efforts Ottawa, Ontario, April 25, 2022 https://kwesst.com/news/kwesst-micro-systems-engages-redchip-to-lead-investor-relations-efforts/
KWESST's products certainly fit very well with the US Army Digital Transformation Strategy which was published in October past year. "The Army must and will make bold investments in transformative digital technologies, build the workforce into one with the training and experience to execute the full range of Army missions in increasingly complex technological environments, and put the right data in decision makers’ hands quicker than ever before." https://api.army.mil/e2/c/downloads/2021/10/20/3b64248b/army-digital-transformation-strategy.pdf
Persistent Systems Designates KWESST as Authorized Integrator Extends global customer reach for integrated digital transformation offerings to military and public safety customers Expands Canadian defence and public security market for latest generation of Persistent Systems’ mobile solutions and KWESST applications Combined capability to be showcase at CANSEC 2022, June 1-2 May 24th, 2022 https://kwesst.com/news/persistent-systems-designates-kwesst-as-authorized-integrator/ KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) (FSE: 62U) (“KWESST” or “the Company”), a developer of next-generation tactical systems for military, security, and personal defense markets, today announced that New York-based Persistent Systems, LLC (“Persistent”), an industry leader in mobile ad hoc networking (MANET) solutions, has designated KWESST an Authorized Integrator of its products. For dismounted users, Persistent Systems produces the MPU5. This handheld device enables those at the tip of the spear to share voice, video, text, GPS, and sensor data in a true peer-to-peer fashion via the company’s proprietary Wave Relay® MANET—all without the need for external communications infrastructure or a vulnerable hub. It is a solution that’s being used extensively by military, public safety, and commercial customers in the United States, Canada, and other countries for secure and scalable mobile networking. “As part of the agreement, KWESST will be able to develop all-new TAK-specific plug-ins for the MPU5, putting new advanced sensors and capabilities onto the MANET,” said Rick Bowes, KWESST Vice-President of Digitization and Counter-Threat systems. He added, “This will be a major technological advantage both for military and for public safety agencies including police forces.” “As an Authorized Integrator for Persistent Systems we can now offer digitization solutions, including ATAK and TAK integration, that operate on the latest generation of mobile tactical networks for any customer whether military or public safety,” continued Bowes, “Military and public safety visitors at CANSEC will certainly understand these benefits.” “The Canadian military is prioritizing increased digitization and interoperability for its tactical communications devices and sensors,” said Ryan Kowalske, VP of Business Development for Persistent Systems, “and this new Authorized Integrator agreement with KWESST will help Canada meet those demands.” KWESST’s integrated digital applications for military and public safety customers – enabled by Persistent Systems networks– will be showcased at CANSEC, Canada’s premier Defence and Security show in Ottawa, June 1-2, at booth 4035. According to Accenture, digital transformation presents one of the biggest challenges for public safety agencies. Globally, the public safety and security market was $435 billion in 2021 and is expected to reach $868 billion by 2028, growing at a CAGR of 10.4%, according to Fortune Business Insights. The global defense IT spending market size was approximately $81 billion in 2019 and expected to grow at a CAGR of 4.4% through 2027, reaching an estimated $111 billion. “We are very excited about our partnership with KWESST and look forward to growing it’s full potential,” said Kowalske.
Civil Digitization: Empowering First Responders With Situational Awareness | KWESST May 25, 2022 Digitization is critical to improve first responder effectiveness and safety. Shared real-time situational awareness allows first responders to assess, decide and act faster in urgent situations. KWESST is dedicated to providing emergency response workers with the necessary tools to achieve maximized operational effectiveness. Our Team Awareness Kit (TAK) is the standard for real-time situational awareness and is a major asset towards improving public safety.
KWESST Can Save Lives, Minimize Property Loss, and Stop Crises May 27, 2022 Frm Chief Daniel Garcia Assistant Chief in Dallas and Chief of Police in Phoenix
Statement from KWESST's Chief Garcia on Texas Mass Shooting Newsfile Corp. Tue, May 31, 2022 https://kwesst.com/news/statement-from-kwessts-chief-garcia-on-texas-mass-shootings/ "Many incidents including the most recent tragedies in the U.S. have repeatedly highlighted the critical issue of accurate real-time information and its central importance to timely, coordinated action," added Garcia. "This is the vital gap that KWESST addresses with its CIMS system."
KWESST Micro Systems Inc. Interview to Air on Bloomberg U.S. on the RedChip Money Report® https://kwesst.com/news/kwesst-micr...on-bloomberg-u-s-on-the-redchip-money-report/ Ottawa, Ontario 2022 – KWESST Micro Systems Inc. (TSXV: KWE, OTCQB: KWEMF), a developer of next-generation tactical systems for military, security, and personal defense markets, today announced that an interview with Executive Chairman David E. Luxton will air on The RedChip Money Report® on Bloomberg TV, June 4, at 7 p.m. Eastern Time (ET). Bloomberg TV is available in an estimated 73 million homes across the United States. The RedChip Money Report® is produced by RedChip Companies Inc., an international Investor Relations and media firm with 30 years’ experience focused on Discovering Tomorrow’s Blue Chips Today™. “The RedChip Money Report®” delivers insightful commentary on small-cap investing, interviews with Wall Street analysts, financial book reviews, as well as featured interviews with executives of public companies. To view the interview segment, please visit:
KWESST Showcases Latest in Next-Generation Tactical Systems at CANSEC 2022 Defence and Security Expo, June 1-2, EY Centre, Ottawa, Canada The latest in digitization systems for real-time shared situational awareness for military and public safety, including ATAK and TAK Counter-threat systems against lasers and electronic detection New non-lethal systems https://kwesst.com/news/kwesst-show...curity-expo-june-1-2-ey-centre-ottawa-canada/ June 01, 2022 ... In partnership with General Dynamics Mission Systems – Canada (GDMS-C) at Booth 3042 – outdoors behind the EY Centre – KWESST will demonstrate its ability to design, develop, and integrate soldier level digitization capabilities as a modular component of the GDMS-C “Tactical Network as a Service” (“TNaaS”) architecture within a joint/digital fires scenario. Post CANSEC, KWESST will continue with follow-on work on the next phase of this work under contract to GDMS-C. ...
Yesterday's RedChip Investor Group Call with David Luxton was very informative. The next contract win will likely be a NATO order for the Battlefield Laser Detection System (BLDS).
Emerging Markets Report: One on One With KWESST’s Executive Chairman, David Luxton June 09, 2022 ... We’re seeing, especially, accelerated and in some cases urgent interest in our Phantom electronic decoy and our Battlefield Laser Defense System for NATO forces deploying to the Baltic region who might face the same Russian threats as Ukrainian forces. ... We are currently processing several NATO requests for the Phantom system. We are also accelerating ramp-up of production in anticipation of potential orders for early delivery. ... This Battlefield Laser Defense System is now available, and we are expecting the first order from an overseas NATO country any day now. ... https://www.globenewswire.com/news-...KWESST-s-Executive-Chairman-David-Luxton.html
KWESST Receives Contract Award to Integrate New Incident Command Centre and Ground Search and Rescue Application Into ATAK - KWESST July 7, 2022 – Ottawa – KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) (FSE: 62U) (“KWESST” or the “Company”), a developer of next-generation tactical systems for military, security, and personal defense markets, today announced that it has been awarded a three-year contract by CounterCrisis Technology Inc. (“CC-T”) to design, develop, and implement a significant component of a national Ground Search and Rescue Incident Command System (GSAR ICS) for Public Safety Canada. Under the contract, KWESST and CC-Twill create a Search And Rescue (SAR) planning, operations management, and situational awareness service that incorporates a custom SAR plug-in application for ATAK. ATAK is increasingly the preferred software system throughout NATO for enabling real-time shared situational awareness. “In partnership with CC-T, we are very pleased to have won this bid with Public Safety Canada, following an extensive competitive process,” said Rick Bowes, VP of Digitization and Counter-Threat Products at KWESST. “This is significant beyond the modest dollars involved since it further validates KWESST as the go-to company for integrated tactical level situational awareness information systems, including ATAK, for both military and public safety operations, and will showcase our capabilities to other potential customers. When soldiers and responders all have the same information in real time the result is a safer and more effective operation, whatever the mission”. The GSAR ICS project announced today is a version of KWESST’s advertised Critical Incident Management System (CIMS) for the public safety market (https://kwesst.com/critical-incident-management-cims/). CIMS puts situational awareness information into the hands of responders on their smart phones or tablets in real time from any source including drones. The contract awarded to KWESST is valued at approximately $678,000, net of in-kind contributions of approximately $76,000, over three years with services to commence in July 2022. https://www.kwesst.com/news/kwesst-...ound-search-and-rescue-application-into-atak/
KWESST Announces Closing of Private Placement of Units for Gross Proceeds of $344,000 Fri, July 15, 2022 https://finance.yahoo.com/news/kwesst-announces-closing-private-placement-025200893.html
New company presentation July 2022. Still waiting for first orders from NATO countries. Hopefully soon... https://www.kwesst.com/wp-content/uploads/2022/07/KWESST-INVESTOR-PRESENTATION-JULY-2022-1.pdf Battlefield Laser Detection System (BLDS) "KWESST’s proprietary BLDS product suite now completed and ready for customer sales, with first order s anticipated froma NATO country in fiscal 2022." TASCS targeting–Integrated Fire Module (“IFM”) "Existing contract with key U.S. military customer via teaming agreement with ManTech. C$1M Extended User Evaluation successfully completed. Follow-on contracts expected, with other NATO proposals pending." “PhantomTM” miniaturized Electronic Warfare (“EW”) device "A high priority for the U.S. and other NATO forces in the context of modern combat operations at the tactical level." "In November 2021 General Dynamics Land Systems (GDLS) selected Phantom TM for a U.S. military vehicle program which could result in Phantom TM units on hundreds of vehicles under just this one program alone. Should GDLS be the successful bidder for the planned follow-on production program, and include the Phantom TM, KWESST estimates the potential value of the Phantom TM units could be USD$40 million or more, depending on the number of Phantom TM units per vehicle." "GDLS and other vehicle manufacturers also have armored vehicles programs with other customers in the U.S. and with other countries, which may lead to Phantom TM opportunities with vehicle programs for mobile versions around the world."
