Mobilicom Ltd. ADR (MOB) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
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.
