KWESST Announces Allowance and Notification of Issue of U.S. Patent for PARA OPS
Ottawa, Ontario--(Newsfile Corp. - October 24, 2023) - KWESST Micro Systems Inc. (TSXV: KWE) (TSXV: KWE.WT.U) (NASDAQ: KWE) (NASDAQ: KWESW); ("KWESST" or "the Company") today announced that it has received Notice of Allowance for the Luxton Low Energy Cartridge (LEC) patent from the U.S. Patent Office (USPTO) and notification that the USPTO will issue the patent October 31st, 2023. The Company's PARA OPS product line is based on the LEC patent (U.S. Patent Number 11,802,754). LEC patent for...
2023-10-24 9:10 AM EDT
KWESST to Present at Think Equity Annual Investor Conference, New York City
Ottawa, Ontario--(Newsfile Corp. - October 19, 2023) - KWESST Micro Systems Inc. (TSXV: KWE) (NASDAQ: KWE) ("KWESST") or the "Company") today announced that it is presenting at Think Equity's invitation-only annual investor conference today in New York City. The Company's Executive Chairman, David Luxton and Chief Financial Officer, Sean Homuth will be speaking about progress of the Company as set out in an updated investor presentation posted on the Company's web site under the Investor tab...
2023-10-19 7:30 AM EDT
KWESST Announces "Lightning": A Scalable Situational Awareness Solution for the Public Safety Market
Ottawa, Ontario--(Newsfile Corp. - October 18, 2023) - KWESST Micro Systems Inc. (TSXV: KWE) (NASDAQ: KWE) ("KWESST" or the "Company") today announced that it is developing a patent-pending SaaS product for public safety agencies to enable "lightning fast" real-time shared situational awareness among front-line responders during critical incidents. Built using the "TAK" - the U.S. government Team Awareness Kit software at the foundation, the solution addresses the issues of scalability,...
2023-10-18 9:11 AM EDT
KWESST Announces Grant of Stock Options
Ottawa, Ontario--(Newsfile Corp. - August 17, 2023) - KWESST Micro Systems Inc. (TSXV: KWE) ("KWESST" or the "Company") announces it has awarded stock options pursuant to its Long-Term Performance Incentive Plan, to its directors, employees and consultants to purchase up to an aggregate of 330,000 common shares of the Company. The stock options are exercisable at a price of $2.55 per share and will expire on August 16, 2026. About KWESST KWESST (TSXV: KWE) (FSE: 62UA) commercializes...
2023-08-17 10:30 AM EDT
KWESST Files Patent for Next-Generation Laser Detection, Makes Core Module Available to OEMs
Ottawa, Ontario--(Newsfile Corp. - July 25, 2023) - KWESST Micro Systems Inc. (TSXV: KWE) (TSXV: KWE.WT.U) (NASDAQ: KWE) (NASDAQ: KWESW) ("KWESST" or "the Company") today announced that it has filed a U.S. patent application for the core module of its next-generation Battlefield Laser Detection System ("BLDS"), branded "BLaDE" and will make the BLaDE module available as a plug-and-play offering to third-party OEMs for incorporation into their new and legacy electro-optical systems on armored...
2023-07-25 8:30 AM EDT
KWESST Announces Closing of US$5.6 Million Private Placement in the United States
Ottawa, Ontario--(Newsfile Corp. - July 21, 2023) - KWESST Micro Systems Inc. (TSXV: KWE) (TSXV: KWE.WT.U) (NASDAQ: KWE) (NASDAQ: KWESW) ("KWESST" or the "Company") today announced the closing of its brokered private placement offering to a group of accredited and institutional investors, for the issuance and sale of 2,472,742 of the Company's common shares (or common share equivalents), for aggregate gross proceeds of US$5,588,396.92 (approximately CAD$7.3 million) (the "Offering"). As a...
2023-07-21 4:19 PM EDT
KWESST Announces US$5.6 Million Private Placement in the United States
Ottawa, Ontario--(Newsfile Corp. - July 19, 2023) - KWESST Micro Systems Inc. (TSXV: KWE) (TSXV:KWE.WT.U) (NASDAQ: KWE) (NASDAQ: KWESW) ("KWESST" or the "Company") is pleased to announce that it has entered into definitive agreements dated July 19, 2023 with a group of accredited and institutional investors for the issuance and sale of the Company's common shares (or common share equivalents), on a brokered private placement basis, for aggregate gross proceeds of approximately US$5.6 million...
2023-07-19 10:05 AM EDT
KWESST Provides Update on Key Revenue Opportunities
Ottawa, Ontario--(Newsfile Corp. - June 26, 2023) - KWESST Micro Systems Inc. (TSXV: KWE) (TSXV: KWE.WT.U) (NASDAQ: KWE) (NASDAQ: KWESW); ("KWESST" or "the Company") today provided an updated view of the status of contracts in progress as well as key opportunities being pursued. The information contained herein is also available in an updated investor presentation, posted under the "INVESTOR" tab on the Company's website at www.kwesst.com. Significant progress has been made in the Company's...
2023-06-26 10:07 AM EDT
KWESST Announces Appointment of New Chief Financial Officer
Ottawa, Ontario--(Newsfile Corp. - May 30, 2023) - KWESST Micro Systems Inc. (TSXV: KWE) (TSXV: KWE.WT.U) (NASDAQ: KWE) (NASDAQ: KWESW) ("KWESST" or "the Company") is pleased to announce that it has appointed Sean Homuth, CPA, CA as Chief Financial Officer (CFO), effective June 12, 2023. As CFO, Mr. Homuth will lead the Company's finance function including accounting and controllership, tax planning, financial planning and analysis, investor relations, treasury, human resources and IT. Mr....
2023-05-30 8:00 AM EDT
KWESST To Feature "Ready now" Rapid, Agile Tactical Digitization at CANSEC 2023, May 31-June 1, Ottawa, Canada to more than thirty visiting countries
Ottawa, Ontario--(Newsfile Corp. - May 29, 2023) - KWESST Micro Systems Inc. (TSXV: KWE) (TSXV: KWE.WT.U) (NASDAQ: KWE) (NASDAQ: KWESW) ("KWESST" or "the Company") today announced that at CANSEC 2023, May 31st and June 1st, Ottawa, it will be featuring its capability to rapidly integrate and exploit digital information for the dismounted and mounted soldier, including Team Awareness Kit (TAK) i
2023-05-29 8:50 AM EDT
KWESST Provides Update on CFO Replacement, Defence Contracts in Progress, Upcoming Participation at CANSEC, and Confirms Filing of Q2 Financials
Ottawa, Ontario--(Newsfile Corp. - May 17, 2023) - KWESST Micro Systems Inc. (TSXV: KWE) (TSXV: KWE.WT.U) (NASDAQ: KWE) (NASDAQ: KWESW) ("KWESST" or "the Company") today updated shareholders on its search for a permanent CFO, the potential increase in scope and value of two of its defense contracts, it's participation at the annual Canadian defence show in Ottawa, and confirmed filing of its financial results for Q2 of Fiscal 2023. On March 1st, 2023 KWESST announced that it expected to have...
2023-05-17 8:30 AM EDT
KWESST Receives Notice of Contract Award for Approximately $20M over Five Years for Software Systems Development for Canadian Department of National Defence
Ottawa, Ontario--(Newsfile Corp. - May 2, 2023) - KWESST Micro Systems Inc. (TSXV: KWE) (TSXV: KWE.WT.U) (NASDAQ: KWE) (NASDAQ: KWESW) ("KWESST" or "the Company") is pleased to announce that it has received notification of contract award under a joint venture with two other defence industry partners, to perform software systems engineering work for the Canadian Department of National Defence ("DND"). The contract component for KWESST is valued at a minimum of $4M annually for a five-year...
2023-05-02 8:15 AM EDT
KWESST Announces Supplemental Listing of December 9, 2022 Warrants on TSXV
Ottawa, Ontario--(Newsfile Corp. - April 27, 2023) - KWESST Micro Systems Inc. (TSXV: KWE) (NASDAQ: KWE) (NASDAQ: KWESW) (OTCQB: KWEMF) ("KWESST" or "the Company") is pleased to announce that the TSX Venture Exchange (the "TSXV") has conditionally accepted the listing of 726,392 common share purchase warrants of the Company (the "Warrants") issued in connection with the issuance of 726,392 units (the "Units") at a price of US$4.13 per unit pursuant to its supplement short form PREP prospectus...
2023-04-27 10:38 PM EDT
KWESST Announces Results of 2023 Annual General and Special Meeting of Shareholders, Appoints Interim CFO and Provides Business Update
Ottawa, Ontario--(Newsfile Corp. - April 3, 2023) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (FSE: 62UA) ("the Company" or "KWESST"), a developer of next-generation tactical systems for military, security, and personal defense markets, is pleased to report the results of its 2023 Annual General and Special Meeting of shareholders ("AGM"), held virtually on Friday, March 31, 2023, to announce the appointment of an Interim CFO and to provide a business update. All...
2023-04-03 8:05 AM EDT
KWESST to Provide General Corporate Update Next Week with Results of Annual and Special Meeting of Shareholders
Ottawa, Ontario--(Newsfile Corp. - March 31, 2023) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (FSE: 62UA) ("the Company" or "KWESST"), a developer of next-generation tactical systems for military, security, and personal defense markets, today announced that its general corporate update originally planned for this week will instead be issued next week so that it can include the results of the Company's Annual and Special Meeting Of Shareholders which takes place...
2023-03-31 12:50 PM EDT
G7 Capital Police Force First To Acquire KWESST's New Overwatch Commander System For Critical Incident Management
Ottawa, Ontario--(Newsfile Corp. - March 24, 2023) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (FSE: 62UA) (“the Company” or “KWESST”), a developer of next-generation tactical systems for military, security, and personal defence markets, today announced that a G7 capital police force has adopted the Company’s new Overwatch Commander system, with delivery expected this summer. Designed specifically for Critical Incident Management (“CIM”), KWESST’s Overwatch Commander...
2023-03-24 8:30 AM EDT
KWESST Generated New European Opportunities with Military and Major Defense Industry Suppliers at Future Soldier Technology Conference and Industry Meetings in United Kingdom
Ottawa, Ontario--(Newsfile Corp. - March 17, 2023) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (FSE: 62UA) ("the Company" or "KWESST"), a developer of next-generation tactical systems for military, security, and personal defense markets, today reported on the highlights of its presentation at the Future Soldier Technology conference (the "Conference") and its subsequent meetings with military agencies and major defense contractors in the United Kingdom (UK), March...
2023-03-17 7:27 AM EDT
KWESST Announces Upcoming Departure of CFO and Interim Transition Period
Ottawa, Ontario--(Newsfile Corp. - March 1, 2023) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (FSE: 62UA) ("the Company" or "KWESST"), a developer of next-generation tactical systems for military, security, and personal defense markets, today announced that its Chief Financial Officer (CFO), Steven Archambault, will be stepping down as CFO of the Company to pursue a new opportunity overseas, but has committed to remaining with KWESST as CFO until April 3rd and to...
2023-03-01 8:45 AM EST
KWESST Generates New Regional Opportunities at IDEX 2023
Ottawa, Ontario--(Newsfile Corp. - February 27, 2023) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (FSE: 62UA) ("the Company" or "KWESST"), a developer of next-generation tactical systems for military, security, and personal defense markets, today reported on the highlights of its attendance at IDEX 2023, which wrapped up on February 24 in Abu Dhabi, United Arab Emirates. "This was the biggest IDEX ever," said David Luxton, Executive Chairman of KWESST. "And a place...
2023-02-27 8:15 AM EST
KWESST Delegation Heads to Middle East and United Kingdom as Part of Its International Market Development Program
Ottawa, Ontario--(Newsfile Corp. - February 14, 2023) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (FSE: 62UA) ("the Company" or "KWESST"), a developer of next-generation tactical systems for military, security, and personal defense markets, today reported its first overseas market development events for 2023. From February 20-24, 2023 KWESST will be exhibiting at IDEX, Abu Dhabi, United Arab Emirates ("UAE"), the biggest defense and security expo of 2023 in the...
2023-02-14 9:27 PM EST