Join our daily newsletter At The Bell to receive exclusive market insights
- Mobilicom (MOB) has secured a contract with Elbit Systems for more than $2 million to supply its controllers with tactical drones
- Mobilicom has received the first order for the development and delivery of its MCU-Mini Controller and SkyHopper ControlAir
- The company expects additional orders in due course
- Mobilicom’s share price is up 20 per cent going into midday trade with shares trading for 12 cents apiece
Mobilicom (MOB) has secured a contract with Elbit Systems for more than $2 million to supply its controllers with tactical drones.
With revenues in excess of $3.6 billion, Elbit is an international high technology company engaged in a wide range of defence, homeland security and commercial programs throughout the world.
The Israeli based company is one of the largest drone suppliers outside of the U.S.
Mobilicom has received the first order for the development and delivery of a commercial batch of controllers.
These are customised controllers based on Mobilicom’s technology and its ability to support the specific need of tactical drones.
Mobilicom’s MCU-Mini Controller is an all-in-one mobile device to support unmanned mission-critical operations within the enterprise and governmental sectors.
MCU-Mini is designed to meet targeted applications prone to serve conditions and complex needs.
It also enables real-time HD video and broadband data content transmitting or viewing by multiple users simultaneously.
Mobilicom’s other controller the SkyHopper ControlAir offers a mobile controller of drones and robotics platforms.
It has a receiver terminal of telemetry data and real-time HD video, specially designed for commercial and industrial drones and robotics.
It targets security and surveillance, mining and resource applications, and enables controlling a drone or robotic as well as real-time viewing of video and data while operating both air and ground missions.
“Being selected as the sole vendor for controllers for all tactical drones of an international HLS and defence giant such as Elbit is an incredible achievement for Mobilicom,” Mobilicom CEO Oren Elkayam commented.
“We expect this to be a stepping stone toward additional projects and an exciting future with the customer,” he added.
Additional orders are expected in due course.
Mobilicom’s share price is up 20 per cent going into midday trade with shares trading for 12 cents apiece at 11:37 am AEDT.
