Emerging Markets Report: A Moment of Truth for the Mockingbird
27 Octobre 2021 - 5:15PM
InvestorsHub NewsWire
ORLANDO, FL -- October 27, 2021 -- InvestorsHub NewsWire -- via
Emerging Markets Report -- On October
4, KWESST Micro Systems, Inc. (TSXV:
KWE) (OTCQB:
KWEMF) pushed out a press
release that we've frankly been waiting for. One of its top
technologies is at an inflection point.
Vis-à-vis the release, the Company announced several favorable
developments regarding the introduction to market of its Phantom™
electronic battlefield decoy. For those new to KWESST, Phantom™ is
a programmable radio frequency ("RF") generator that can mimic the
electronic communications of NATO forces, thus fooling adversaries
as to their location.
It is in effect, a battlefield mockingbird.
Before we get into that further, here are the highlights of the
release:
-
Advanced negotiations with a global defense contractor to
provide Phantom units as part of the contractor's tender for
armored vehicles to a large NATO customer
-
The U.S. Department of Defense requests showcase
demonstrations for PhantomTM
-
Demonstrations, requests for pricing, underway with other
NATO customers
-
Growing suite of patents, strong IP protection
It seems to us that each of those bullets could be a release
unto itself, and as we always remind the reader when reflecting on
notes from KWESST, it's not that often you see the names dropped
that KWESST drops.
It's also worth noting that PhantomTM also
provides the ability to see radio frequency energy of both
adversaries and friendly forces and gives the user a high-fidelity
planning capability for optimal placement for maximum
effectiveness.
Should the negotiations with the defense contractor be
successful and the tender awarded, it is expected that the
accompanying requirement for PhantomTM will result
in a contract worth more than $40 million (U.S.) for KWESST
depending on the number of vehicles purchased, with initial revenue
in the current fiscal year and ramping up in 2023 and 2024.
Followers would be wise to follow KWESST's news feed for progress
updates regarding the mockingbird technology.
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SOURCE: Emerging Markets Report
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