Kwesst stock spikes after securing first order for next-gen laser detection system
Kwesst Micro Systems (TSXV:KWE) has received a first order from a major North American defense systems integrator for prototype units of its latest Battlefield Laser Detection System
The new-generation BLDS prototypes are designed to detect and alert against laser-based threats
This milestone follows KWESST's earlier success in delivering a previous generation of the BLDS to a NATO country via a European defense integrator on August 4th, 2023
Kwesst Micro Systems stock (TSXV:KWE) opened trading at C$16.62
Kwesst Micro Systems (TSXV:KWE), a developer of advanced tactical systems, has received a first order from a major North American defense systems integrator for prototype units of its latest Battlefield Laser Detection System (BLDS). The order supports a prominent armored vehicle program in North America.
The new-generation BLDS prototypes are designed to detect and alert against laser-based threats such as Laser Target Designators (LTDs), Laser Range Finders (LRFs), and beam-riding munitions—technologies that have significantly increased battlefield lethality in modern conflicts, including the ongoing war in Ukraine.
'The order announced today is a major validation of the strategic importance of our latest BLDS technology,' Sean Homuth, Kwesst's president and CEO explained in a media statement. 'It's a leap ahead in capability, combining low-cost in a flexible form factor for deployment in either soldier-worn or vehicle mounted configurations, enabling many more sensors to be deployed and networked for real-time situational awareness and drastically improved survivability of soldiers and high-value targets on the battlefield.'
'The modern battlefield has changed,' he added. 'Lasers are now a silent, invisible threat that can turn any soldier or vehicle into a target in seconds. BLDS gives them back those seconds, so they have a fighting chance.'
The current order includes non-networked prototypes, which are ready for delivery pending final documentation. These units will undergo rigorous performance testing across diverse operational scenarios. The results will inform the development of a fully-networked version of the system, which is expected to offer enhanced integration with vehicle and command systems.
This milestone follows KWESST's earlier success in delivering a previous generation of the BLDS to a NATO country via a European defense integrator on August 4th, 2023.
Kwesst's BLDS program reflects the company's broader commitment to equipping allied forces with cutting-edge defense technologies that address emerging threats on the modern battlefield.
Kwesst develops tactical systems for military and security forces with a focus on real-time situational awareness, non-lethal products and countermeasures against threats such as electronic detection, lasers and drones.
Kwesst Micro Systems stock (TSXV:KWE) opened trading 120 per cent higher at C$16.62.
Join the discussion: Find out what everybody's saying about this defense stock on the Kwesst Micro Systems Inc. Bullboard and check out the rest of Stockhouse's stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Canada Standard
an hour ago
- Canada Standard
PM Modi interacts with members of Indian diaspora as he arrives in Croatia
Zagreb [Croatia], June 18 (ANI): Prime Minister Narendra Modi interacted with members of the Indian diaspora here on Wednesday as he arrived at a hotel in Zagreb, Croatia, marking the final stop of his three-nation tour. Kathak artists performed before PM Modi with the rhythmic beats of India's classical dance form. Ana, a Croatian Kathak dancer and teacher, said, 'I studied the Kathak dance in India...I opened a school here and these are my is a big honour as we will perform before PM love the Indian culture...' PM Modi arrived in Zagreb after concluding his visit to Canada, where he participated in the G7 Summit. 'A short while ago, landed in Zagreb, Croatia. This is a special visit, the first ever by an Indian Prime Minister to a valued European partner. I am grateful to Prime Minister Andrej Plenkovic for the special gesture of welcoming me at the airport,' PM Modi wrote on X. The Prime Minister was accorded a ceremonial welcome on his arrival in Croatia. This is the first visit by an Indian Prime Minister to Croatia, marking an important milestone in the bilateral relationship, with the visit opening new avenues for bilateral cooperation in areas of mutual interest. The Prime Minister will hold bilateral discussions with Prime Minister Andrej Plenkovic and meet the President of Croatia, Zoran Milanovic. The visit to Croatia will also underscore India's commitment to further strengthening its engagement with partners in the European Union. Earlier, PM Modi described his visit to Canada as 'productive' and said the G7 Summit witnessed fruitful discussions on diverse global issues. 'Concluding a productive Canada visit. Thankful to the Canadian people and Government for hosting a successful G7 Summit, which witnessed fruitful discussions on diverse global issues. We remain committed to furthering global peace, prosperity and sustainability,' PM Modi said in a post on X. PM Modi participated in the Outreach Session of the G7 Summit in Kananaskis and addressed a Session on 'Energy Security: diversification, technology and infrastructure to ensure access and affordability in a changing world'. In his address, the Prime Minister highlighted that energy security was among the leading challenges facing future generations. While elaborating on India's commitment to inclusive growth, he noted that availability, accessibility, affordability and acceptability were the principles that underpinned India's approach to energy security. Highlighting India's commitment to a sustainable and green future, he underscored that India has undertaken several global initiatives such as the International Solar Alliance, Coalition for Disaster Resilient Infrastructure, Global Biofuels Alliance, Mission LiFE and One Sun- One World- One Grid, and called upon the international community to further strengthen them. (ANI)
Cision Canada
3 hours ago
- Cision Canada
Global Consortium Led by Nexus Core Systems to Build AI Factory Powered by 500 MW of Renewable Energy and Next-Generation AI Compute
LONDON, June 18, 2025 /CNW/ -- A global investment group led by Nexus Core Systems—and backed by Lloyds Capital, NAVER Cloud, Maroc Telecom, and powered by state-of-the-art accelerated computing, networking, and AI-native infrastructure—today unveiled plans to build advanced AI infrastructure in Morocco. The project will support the transformation of Morocco's leading industries as the country enters the era of AI and robotics. Located just 15 kilometers from Europe and directly connected via multiple subsea fiber corridors, Morocco offers a unique geographic advantage for delivering sovereign compute capacity to the European market. NAVER Cloud, in partnership with Nexus Core Systems and Lloyds Capital, will deploy the platform to provide secure, sovereign AI compute access to government and enterprise clients. The data centers will be built using modular infrastructure technology, enabling rapid deployment, scalable expansion, and efficient maintenance with minimal on-site construction risk. The first phase will launch in Q1 2026 with over 40 MW of next-generation AI accelerators designed for large-scale model training, making it one of the largest enterprise AI supercomputers in the region once operational. The full program will be powered by up to 500 MW of renewable energy under a strategic agreement with TAQA Morocco —ensuring long-term, cost-effective, and sustainable operations. NAVER, in collaboration with Nexus Core Systems, will integrate its proprietary hyperscale cloud platform—featuring the CLOVA AI suite, zero-trust security architecture, and in-region data residency controls—to meet strict data sovereignty and compliance requirements across EMEA. Maroc Telecom will serve as a go-to-market partner for the Kingdom of Morocco, leading commercial distribution efforts across enterprise and government channels. The company will leverage a white-labeled platform—powered by Nexus infrastructure and NAVER's AI technology—to support national AI adoption and accelerate digital transformation initiatives. "This collaboration will be an important turning point for NAVER's cloud and AI technologies to expand beyond Japan, Southeast Asia, and the Middle East into the European market. We will continue to strengthen our capabilities so that NAVER can secure technological leadership and play a meaningful role in the rapidly evolving global AI value chain," said Chae Seon Ju, President of Strategic Business of NAVER. "Investing in cutting-edge AI infrastructure is a crucial step toward accelerating the development and adoption of AI across the entire EMEA region. We believe this initiative will generate valuable spillover effects—by enabling upskilling, fostering new collaborations, strengthening the broader AI ecosystem, and putting Morocco on the global map for sovereign AI," said Christopher Yoshida, CEO of Nexus Core Systems. This partnership will enable the next generation of AI-enabled services and innovation, spanning foundation model training, multimodal inference, robotics, autonomous learning, and high-performance data processing. By combining Nexus's infrastructure with NAVER's AI platform capabilities, the system will support deployment of advanced AI models that enhance performance, drive new efficiencies, and unlock transformative enterprise use cases across the region.
Global News
3 hours ago
- Global News
Carney to attend NATO, Canada-EU summits in Europe
Prime Minister Mark Carney heads to Europe on the weekend to attend summits on NATO and Canada-EU relations. The Prime Minister's Office confirmed Carney's travel plans today, after he wrapped up the G7 leaders' summit in Alberta. Carney will head to Brussels on Sunday to meet with European leaders. The Prime Minister's Office said the leaders will work to 'deepen the Canada-EU relationship across all sectors,' including trade and defence. Carney will then head to The Hague in the Netherlands for the NATO summit on Tuesday and Wednesday. The Prime Minister's Office said Carney will engage with allies at the summit to 'meet evolving threats in a more dangerous and divided world.' 0:47 Canada, U.S. aim to finalize new economic deal within 30 days, says Carney The NATO meeting likely will focus on defence spending. NATO allies are expected to adopt a plan to hike the defence spending target for members to five per cent of national GDP — a level Canada has not reached since the 1950s. Story continues below advertisement Carney announced last week that Canada will rapidly advance its military spending timeline to hit the current NATO target of two per cent of national GDP by adding $9 billion to the fiscal framework this year. Get daily National news Get the day's top news, political, economic, and current affairs headlines, delivered to your inbox once a day. Sign up for daily National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy Carney warned that Canada depends too much on an increasingly unreliable United States for its defence and is spending too much of its rearmament budget south of the border. NATO's GDP forecast puts Canada's economy at $3.1 trillion for the year, making its two per cent NATO commitment worth about $62.5 billion, according to senior government officials. The federal government is currently spending about 1.45 per cent of real GDP on defence and has not spent anything close to two per cent since 1990 — despite having promised its biggest allies for years that it would. At a news conference closing the G7 summit Tuesday, Carney said allies' attention will shift next week from addressing threats to economic security to addressing issues of global defence and security at the NATO and Canada-EU summits. 'We recognize that our leadership will be defined not just by the strength of our values but the values of our strength,' he told reporters. — With files from Kyle Duggan and Nick Murray
