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KWESST Micro Systems Inc. (KWE.V)

TSXV - TSXV Real Time Price. Currency in CAD
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1.8700-0.0300 (-1.58%)
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  • P
    Pab
    Any reason for recent weakness ?
  • D
    Dovie
    Top Bullish Charts | September 2021 💰💵📈

    https://chart-analysis.tools/Bullish-Charts
  • M
    Moe
    come down to about a dollar and i will gladly add
  • P
    Pab
    KWESST Announces New System to Counter Loitering Munition Drones

    Drone threat rapidly evolving into autonomous weaponized drones that hover for long periods to attack selected targets.

    Demonstration samples of new “Counter-Loitering Munitions” (“CLM”) system from KWESST to be trialed in early 2022, with commercial roll-out planned for mid-2002.

    KWESST partners with U.S. drone company to produce demonstration units.

    October 26, 2021 – Ottawa – KWESST Micro Systems Inc. (TSXV: KWE and OTCQB: KWEMF) (“KWESST” or “the Company”) today announced the development of a new system to counter the rapidly emerging threat of “Loitering Munitions”.

    Unlike conventional drone threats programmed or guided to fly straight to a target area for surveillance or to attack with improvised explosives, a Loitering Munition (“LM”) is an autonomous, military grade “suicide” or “kamikaze” drone with a built-in warhead that can hover in an area for extended periods to search for targets, then attack selectively once a desired target is located.

    “The threat of Loitering Munitions has been described as nothing less than a revolution in land warfare,” said Jeff MacLeod, Founder, President and CEO of KWESST. The recent conflict in Nagorno-Karabakh is a widely cited contemporary example of how Loitering Munitions can play a decisive role in outcomes, leaving ground forces exposed and vulnerable. More than a dozen countries currently have Loitering Munitions, and many more are in the process of adopting them as an economic replacement for missile systems, with surgical precision and highly destructive effects.

    “Loitering Munitions constitute a new niche threat where KWESST is positioned to exploit its specialist counter-threat knowledge and technology,” added MacLeod. The Company stated that it is already engaged with the lead military agencies in the U.S. and other NATO countries who are urgently seeking solutions to counter the threat of Loitering Munitions.

    Details of KWESST’s CLM solution are sensitive for security and competitive reasons. In concept, it receives a signal from any third-party drone detection system to locate the Loitering Munition then launches an unmanned platform with a proprietary payload into its pathway to neutralize it and prevent it from completing its mission. The nature of the neutralization method allows the system to also be safely used against domestic drone threats at sensitive facilities and public events without risk of collateral damage.

    KWESST has partnered with a leading U.S. drone engineering company, to carry KWESST’s neutralizing payload. Together, the two companies have successfully completed the feasibility phase and have begun work to produce functioning demonstration units by early 2022, with plans for trials with U.S. military agencies in the second calendar quarter of 2022.
  • M
    Moe
    1.10s please
  • K
    Karen
    Anyone know why the run up today?
  • M
    Moe
    Will start adding if it gets to 1.15-1.20s
  • J
    Jonathan
    Oof -8%
  • N
    NickHarry
    No progress here, no sales and no contracts. Just a lot of hype
  • N
    NickHarry
    Soon running out of cash.. Bet we will see this below 1USD again soon
  • K
    Karen
    PAGE ANCESTOR:STOCKS
    DATA UPDATE
    Instrument NameKwesst Micro Systems Inc Instrument ExchangeTSX Venture: Instrument SymbolKWE-X
    2.190 CAD
    TODAY'S CHANGE
    +0.040increase +1.86%increase
    VOLUME
    28,265
    REAL-TIME LAST UPDATE 11:53 ET
    TSX VENTURE LAST SALE
    Add to Watchlist Add to Portfolio

    KWESST Executive Chairman Interviewed on The Brandon Tatum Show
    Newsfile Corp - Fri Aug 6, 9:17AM CDT
    Ottawa, Ontario--(Newsfile Corp. - August 6, 2021) - KWESST Micro Systems Inc. (TSXV:KWE.VN) (OTCQB:KWEMF) ("KWESST" or the "Company"), a publicly-traded company listed on the OTCQB © Markets (symbol:KWEMF) and the TSX Venture Exchange (symbol:KWE) today reported that its Executive Chairman, David Luxton, gave an interview on the highly popular YouTube channel called "The Officer Tatum". The interview is available at https://www.youtube.com/watch?v=938LuSbl9yo&t=13s .

    Cannot view this video? Visit:
    https://www.youtube.com/watch?v=938LuSbl9yo&t=13s

    The channel, which has over 1.6 million subscribers, is run by former Tucson police officer Brandon Tatum. Brandon also currently has a regular following of more than three million people across various social media platforms and is a frequent guest on TV shows such as The Ingraham Angle and Justice with Judge Jeanine on Fox News Channel. The interview with Luxton focused on KWESST's Low Energy Cartridge system (the "LEC system").

    Brandon Tatum commented: "What an incredible pleasure it was to interview and present Executive Chairman David Luxton to my YouTube audience of 1.6 million dedicated supporters. It will be invaluable for everyone watching the interview to learn about David's extensive professional resume of near perfection in tactical non-lethal weapon systems. His detailed analysis of KWESST's Low Energy Cartridge competitive advantage in the American market of non-lethal alternatives to deadly weapons was very informative. Whether for civilian or current police/military personnel, this interview will peak interest in KWESST's new Low Energy Cartridge system."

    The LEC system is the world's first cartridge-based non-lethal firing system with universal application across four market segments that currently use a variety of dated "non-lethal" or "less-lethal" solutions. These segments are (i) public order and security (riots and control of dangerous subjects), (ii) military and law enforcement training (realistic force-on-force training), (iii) personal defence (home, car, boat, RV, camping, hiking), and (iv) high-action gaming.

    As previously announced, the official commercial launch of the Low Energy Cartridge system is planned for January 18 to 22, 2022 in Las Vegas at the SHOT Show®. The SHOT Show® is the largest trade show of its kind for buyers and suppliers in the "Shooting Hunting and Outdoor Trade" (SHOT) and has evolved over the years to include exhibitors and buyers across the tactical, personal defence and high-action gaming communities. It is the annual event for commercial buyers and distributors to see what is new and to place orders."

    About the non-lethal market and the Low Energy Cartridge system

    The market for non-lethal products is a recurring multi-billion-dollar opportunity. Customers continue to seek better solutions as many legacy systems can be lethal, and frequently are unreliable. Thousands of fatalities have been recorded from existing cartridge-bases systems, including conducted energy devices such as Taser. Other legacy products that are "less" lethal typically fire from air guns, which are inherently unreliable as they are affected by ambient temperature and entail high-maintenance as a result of air seals and "O" rings drying out and bursting, causing catastrophic failures. Air-based systems also entail a long logistics tail of compressors, air tanks and spare parts.

    The LEC systems solves these problems with the proven reliability of a cartridge-based system in a low-cost firing platform that fires only LEC cartridges. The firing platforms are offered in various patterns that replicate the look of a real firearm, or avoid the appearance of a firearm altogether, at the user's choice. The proprietary LEC cartridge automatically stabilizes the projectile for accuracy and distance, with an energetic actuator that controls velocity and muzzle energy well below lethal levels, and with no need for gunpowder or conventional propellant. The system's soft frangible projectiles come with various payloads, including coloured marking agent, inert powder or a safe but powerful irritant powder that temporarily incapacitates subjects.
    David Luxton INVENTOR and EXPERT in Home and LEO tactical defense
    www.youtube.com
  • M
    Max
    this stock will boom to 2$ soon
  • D
    David
    Sold $2.45 on Feb 4, and bought back today. Will buy more if under $1.
  • N
    NickHarry
    Firm uptrend established now. Believe we will go to all-time high soon. More news should come
  • K
    K
    Can’t believe this board is so empty. Very promising company.
  • C
    Clyde
    Anybody know what's been lifting the stock over the last few sessions?
  • N
    NickHarry
    What a gift from Mr. Market. Doubling my position here.