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KWESST Micro Systems Inc. (KWEMF)

Other OTC - Other OTC Delayed Price. Currency in USD
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0.7601-0.1069 (-12.33%)
At close: 03:54PM EST
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  • K
    Karen
    Just loaded up at $1.04
    Bullish
  • d
    dany
    How much is everyone holding and at what avg? I have 3200 shares @ 1.33$ for now. Planning to add more
    Bullish
  • m
    melvin
    Oh my goodness. The 1mo MA is a beauty. This is going to be a great swing. Loading up here.
  • M
    Moe
    Starting position soon
  • M
    Moe
    Got some..buying more if it keeps falling
  • W
    Whats Up
    How the heck did this stock drop from 2.20 to a buck again? I was in this stock @ .83cents didnt hold long enough, but why it is going back in that direction?
  • K
    Karen
    General Dynamics Land Systems Selects KWESST Phantom Electronic Decoy for New U.S. Military Vehicle Program
    Newsfile Corp
    Ottawa, Ontario--(Newsfile Corp. - November 12, 2021) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) ("KWESST" or the "Company") today announced that General Dynamics Land Systems ("GDLS") has selected KWESST's PhantomT electronic battlefield decoy as part of its ongoing efforts to develop a next-generation multi-domain mobile capability at the tactical level.

    Over the next eighteen months, the KWESST engineering team will be working in close collaboration with GDLS to support readying a prototype vehicle with PhantomTM on board for trials by their U.S. military customer in the first part of 2023. The PhantomTM capability will be designed to meet evolving Electro-Magnetic Spectrum Operations ("EMSO") tactics, techniques, and procedures to be employed by vehicle operators in an RF contested environment.

    KWESST stated that should GDLS be the successful bidder for the planned follow-on production program, and include the PhantomTM, the potential value to KWESST could be USD $40 million or more, depending on the number of PhantomTM units per vehicle.

    "Today's announcement represents an important validating milestone and significant potential order flow for KWESST, with multi-year visibility," said Jeff MacLeod, KWESST founder, President and CEO.

    The Company added that the U.S. military customer is at the forefront of thinking as it re-aligns to an operating environment in which EMSO capability is critical to operational superiority against peer and near-peer adversaries. "A capability like PhantomT is a force multiplier," said MacLeod. "It is a programmable radio frequency ("RF") device that can mimic the electronic communications of NATO forces, thus fooling adversaries as to their location. As well, itcan detect and display the RF signatures of both adversaries and friendly forces, thereby enabling reconnaissance patrols to plan and train for EMSO operations for maximum effect."

    On October 4th KWESST's announced that it was in advanced negotiations with a global defense contractor to provide PhantomTM units as part of the contractor's tender for armored vehicles to a large NATO customer. "We are pleased to confirm that these negotiations were with GDLS and that we have now entered into a Memorandum of Understanding with them, leading to today's announcement," concluded Mr. MacLeod.
  • M
    Moe
    This thing is holding up to good…might be forced to add some. Still hoping for low 1s
  • N
    NickHarry
    going below 1
    Bearish
  • K
    Karen
    Yesssss!
  • M
    Mike
    Certainly has some great potential based on the earnings call from 10/29!
  • 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.
    Bullish
  • D
    Dovie
    Top Bullish Charts | September 2021 💰💵📈

    https://chart-analysis.tools/Bullish-Charts
  • P
    Pab
    Any reason for recent weakness ?
  • N
    NickHarry
    Company is way underpriced at only 70m CAD market cap with cutting edge counter drone technology, LEC technology that can disrupt Axon's taser guns, their networked systems which allows a full Digitization of the modern soldier, etc. This stock can quadruple from here and the company is a future acquisition target. I'm not selling a single share here.
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