ORLANDO, FL -- September 29, 2021 -- InvestorsHub
NewsWire -- via Emerging
Markets -- Former American Poet Laureate, the late great Maya
Angelou famously once said, "when someone shows you who they are,
believe them…"
The phrase is often used in assessments of
character or quality. Today, we'll argue that it can be applied to
a public company's written declaration of its state of affairs and
direction and the observable evidence of the execution of a unique
business model with elite partners.
Hear us out.
A short while ago, KWESST Micro
Systems Inc. (TSXV:
KWE) (OTCQB:
KWEMF) released a corporate
update that is an insightful read for those interested in
an innovative company which develops and commercializes
breakthrough next-generation tactical systems that meet the
requirements of security forces and personal defense for overmatch
capability against adversaries.
In a nutshell, KWESST creates state-of-the-art
systems to make troops safer and more effective in combat. It is
also bringing to market a breakthrough cartridge based non-lethal
firing device for personal defense and law enforcement.
This update is a valuable read for anyone
interested in KWESST or companies in this arena. In decades of
publishing about an array of public companies we have never seen
one with the technology that KWESST has under its roof.
Kindly allow us to provide a few bullets from
the offering:
The Company is making quiet but steady progress
on its business plan.
KWESST reported its pipeline of sales
opportunities for ATAK integration services stands at more
than $40M and growing.
The Company also announced that it has qualified
for up to $1.5M in non-dilutive funding to advance its counter-UAS
technology, its Phantom™ electronic decoy and its Tactical
Awareness and Situational Control System (TASCS) Indirect Fire
Module (IFM) system
currently under contract with
a key U.S. military customer.
KWESST reported that it is seeing accelerated
interest in its Phantom™ electronic decoy
following a successful demonstration to U.S.
Special Operations Command (USSOCOM) in June.
Similarly, the Company is also
working with DoD and another NATO
country on upgraded capability for the
GreyGhost® counter-drone system to deal with
next-generation drone threats and has commenced engagement with
major defense contractors on potential partnerships.
And those are just a few bullets, excerpts from
the update. We are impressed by their technology and how far
they've gone in creating elite relationships with world leading
organizations.
We are eager to follow KWESST as it continues to
execute key components of its business plan, mindful of Angelou's
remarks, appreciative of a company showing us who they are and
eager to believe the unique accomplishments displayed in front of
all of us.
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SOURCE: Emerging
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Kwesst Micro Systems (TSXV:KWE)
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