KWESST Micro Systems Inc.

KWESST Micro Systems Inc.

KWEMF
KWESST Micro Systems Inc.US flagOther OTC
4.95
USD
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
David E. Luxton
Sector
Industrials
Industry
Aerospace & Defense
Address
550 Burrard Street Vancouver BC Canada V6C 0A3
IPO Date
Dec 15, 2020
Website
kwesst.com
Business
KWESST Micro Systems Inc. KWESST Micro Systems Inc. develops and commercializes next-generation tactical systems for military, security forces, public safety agencies, and personal defense markets; its core offerings include non-lethal systems such as PARA OPS and ARWEN 37mm/40mm less-lethal munitions with applications in public order, military training, law enforcement, and personal defense; digitization solutions like TASCS and KWESST Lightning for real-time shared situational awareness and targeting from sources including drones streamed to smart devices and weapons, integrated with battlefield management systems such as ATAK/TAK; and countermeasures encompassing Phantom electronic battlefield deception, Battlefield Laser Detection Systems, and non-kinetic anti-drone systems that operate stand-alone or with third-party OEM products. Founded in 2017 and headquartered in Ottawa, Ontario, Canada, with operations in Stafford, Virginia, and representative offices in London, UK, and Abu Dhabi, UAE, the company targets North American and international defense contractors, government programs, and public safety sectors across military digitization, electro-magnetic spectrum operations, and less-lethal segments. Recent developments include a strategic partnership with U.S.-based Nordon Inc. announced in March 2025 to establish stateside production under a memorandum of understanding advancing toward a long-term manufacturing agreement by June 2025; completion of a CAD $3.5 million private placement in February 2025 comprising common shares and warrants; a 21:1 share consolidation effective April 2025 enabling Nasdaq compliance regain in May 2025; executive changes with Jennifer Welsh appointed CFO in February 2025 and James Yersh as Audit Committee Chair; and triple-digit revenue growth to $1.26 million in Q2 fiscal 2025 from Canadian government defense contracts including Land C4ISR, alongside commercialization progress for PARA OPS, ARWEN 40mm ammunition, and KWESST Lightning SaaS expected in fiscal 2025.

Company News

APIChat
  • KWESST Announces Supplemental Listing of December 9, 2022 Warrants on TSXV

  • KWESST Micro Systems Inc. to Webcast Live at VirtualInvestorConferences.com December 2nd

  • KWESST Micro Systems to Present at Ladenburg Thalmann Virtual Technology Expo on November 18th

  • KWESST Micro Systems striving to be a soldier's best friend

  • KWESST says General Dynamics Land Systems has picked its Phantom electronic decoy for new US military vehicle program

  • KWESST Announces Early Availability for Battlefield Laser Defence System Following NATO Interest at DSEI

  • Kwesst Announces Market Introduction and Progress of Phantom(TM) Electronic Decoy

  • KWESST to Webcast Live at VirtualInvestorConferences.com October 7th

  • Emerging Markets Report: In the Words of a Poet

  • KWESST Micro Systems partners with Stryk Group USA to commercialize its non-lethal LEC products in the US

  • KWESST Engages Stryk Group USA for Commercialization of Low Energy Cartridge Non-Lethal System

  • KWESST Announces Closing of Private Placement of Units for Gross Proceeds of $1.5 million

  • KWESST Announces Listing of Warrants

  • KWESST Micro Systems says group is making "steady progress" on all fronts

  • KWESST Provides Corporate Update to Investors

  • 7 Defense Stocks to Buy as a Hedge Against Global Tensions

  • KWESST Applies for Listing of Company's April 2023 Warrants

  • KWESST Executive Chairman Interviewed on The Brandon Tatum Show

  • KWESST Qualifies for Innovation Solutions Canada Funding

  • Emerging Markets Report: The KWESST Continues