KWESST Micro Systems Inc.
KWESW
NASDAQ Global Market0.04
USD
+0.00
- -
CIK
0001889823
ISIN
CA5015061339
Return %
Stock
S&P500
1Y
31.09
26.53
3Y
-95.33
76.60
5Y
-95.33
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Sean Homuth CPA, CA, CPA
- Full Time Employees
- 29
- Sector
- Industrials
- Industry
- Aerospace & Defense
- Address
- 550 Burrard Street Ottawa BC Canada V6C 0A3
- IPO Date
- Sep 18, 2020
- CIK
- 0001889823
- Website
- kwesst.com
- Similar Companies
- Business
- KWESST Micro Systems Inc. develops and commercializes proprietary next-generation tactical systems and munitions that provide tactical advantages for military, security forces, public safety agencies, and personal defense markets; its core offerings span three primary lines of business including non-lethal solutions such as the PARA OPS devices featuring low-velocity 40mm blunt-impact projectiles, irritant and marking cartridges for riot control, crowd management, and training; the ARWEN less-lethal universal 40mm baton projectiles and launchers; digitization products leveraging the Team Awareness Kit (TAK) platform with proprietary TASCS software for sensor and effector integration, real-time situational awareness, data sharing from unmanned systems and field sensors to smart devices, and the Integrated Fires Module (IFM) that upgrades legacy weapons to smart precision systems without modifications; and counter-threat technologies comprising Battlefield Laser Defence Systems (BLDS) to neutralize weaponized laser threats against personnel and the Phantom electro-magnetic spectrum operations (EMSO) decoy system that masks friendly forces' signatures with decoy emissions. Founded in 2017 and headquartered at 155 Terence Matthews Crescent, Unit 1, Ottawa, Ontario, Canada, with a registered office in Vancouver, British Columbia, and representative offices in Washington, DC (United States), London (United Kingdom), and Abu Dhabi (United Arab Emirates), the company operates primarily in North America while targeting global defense and security sectors through integration with existing OEM products and battlefield management systems. In recent developments, KWESST entered a strategic non-binding memorandum of understanding with U.S.-based Nordon Inc. on March 27, 2025, to expand manufacturing capabilities for ARWEN and PARA OPS products in Rochester, New York, aiming to finalize a long-term agreement by June 1, 2025, to enhance U.S. market access, address logistics and regulatory challenges, and support domestic job creation while retaining primary Canadian production; completed a CAD$3.5 million (approximately US$2.5 million) private placement securities offering to accredited and institutional investors in February 2025 with an upsized first tranche closing; implemented a 21:1 share consolidation and secured Nasdaq compliance for its common shares (KWE) and warrants (KWESW) by maintaining a $1.00 bid price through May 2025 following prior consolidations; and strengthened leadership by appointing James Yersh as a director in 2025 to bolster SaaS offerings amid ongoing revenue growth from Canadian government defense programs and new product initiatives.