tiprankstipranks
Mobilicom Secures Lucrative Drone Data Link Order
Company Announcements

Mobilicom Secures Lucrative Drone Data Link Order

Mobilicom Ltd. ADR (MOB) has released an update.

Pick the best stocks and maximize your portfolio:

Mobilicom Ltd. has secured an additional order worth approximately $500,000 for its SkyHopper PRO datalink systems from a major U.S. drone manufacturer, targeting the defense market. The SkyHopper PRO, a robust communication solution for drones, stands out for its performance and cost-effectiveness. The company anticipates further orders as the global drone data link system market is expected to grow significantly, reaching $18 billion by 2030.

For further insights into MOB stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyMobilicom secures production orders from U.S. customer
TheFlyMobilicom enters strategic partnership with DT Research
TheFlyMobilicom showcases drone solutions at AUSA 2024 annual meeting
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App