XTEK (ASX:XTE) receives $1.9m defence purchase order from Australian Govt
XTEK (XTE) has receives a purchase order of US$1.39 million (A$1.9 million)…
Xtek Limited. (XTE:ASX)
36.0¢
0.005 (1.41%)
MCAP $25.57M
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Company Overview
XTEK Limited is an Australia-based company, which provides a range of products to deliver tailored solutions to the government, law enforcement, military, space and commercial sectors. The Company is focused on developing and commercializing its technologies by leveraging its established distribution network. Its technologies include XTclave and XTatlas. Its XTclave technology provides ballistic products and composite solutions, which includes armor, lightweight tactical and human load carriage equipment, robotic mechanical systems and unmanned craft. Its XTatlas technology provides real time contextual video by connecting sensor data to the geospatial domain. Its XT atlas ingests and visualizes full motion video (FMV) from manned and unmanned ground and aerial platforms. It XTatlas provides solutions for western military forces and other government agencies. It also supplies and maintain Small Unmanned Aerial Systems (SUAS) networks for XTatlas software applications.
