KWESST Micro Systems Inc.
KWE.V
Toronto Stock Exchange Ventures14.88
CAD
+0.37
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KWESST Micro Systems Inc.
KWE.V
(Toronto Stock Exchange Ventures)
Recent
price
14.88
P/E
ratio
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- KWESST Micro Systems Inc. KWESST Micro Systems Inc. (TSXV: KWE.V) develops and commercializes next-generation tactical systems and non-lethal munitions for military, public safety, and personal defense markets; its core offerings include digitization solutions for real-time situational awareness and targeting via TAK-integrated platforms streamed to smart devices and weapons, Battlefield Laser Detection Systems (BLDS) for threat countermeasures including electronic detection, lasers, and drones, KWESST Lightning for public safety critical incident management as a SaaS model, and non-lethal products such as the PARA OPS series (Pro-5 magnum, Mini, Micro models), ARWEN 37mm and new 40mm munitions for riot control launchers. Founded in 2017 and headquartered in Ottawa, Ontario, Canada, with representative offices in Washington DC, London, UK, and Abu Dhabi, UAE, the company operates primarily in North America, Europe, and the Middle East, targeting defense forces, law enforcement, and first responders through integrations with OEMs and battlefield management systems. Recent developments encompass a name change intention to DEFSEC Technologies Inc. (ticker DFSC) announced in June 2025 coinciding with the opening of an expanded facility, first orders for its latest BLDS prototypes from a North American armored vehicle integrator in June 2025, a CAD $136 million five-year Canadian Department of National Defence contract via JV with Thales Canada and Akkodis (May 2023, ramping up in 2025 with up to 20% workshare), Nasdaq compliance regained in May 2025, a 10-to-1 share consolidation in April 2025, public offerings including $6.8 million gross proceeds in August 2025 and prior placements, ARWEN business expansion with 40mm cartridge launch and backlog acceleration driving +278% year-over-year revenue growth reported in Q3 2025, and online sales enablement for PARA OPS and ARWEN products.