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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.
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