Mobilicom Ltd. ADR (MOB) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.
