KWESST Enters into Non-Lethal Technology Purchase Agreement
Ottawa, Ontario--(Newsfile Corp. - January 18, 2021) - KWESST Micro Systems Inc. (TSXV: KWE) ("KWESST" or "the Company") today announced it has entered into a technology purchase agreement (the "Purchase Agreement") with DEFSEC Corporation ("DEFSEC") to acquire a proprietary non-lethal munitions technology system referred to as the Low Energy Cartridge technology ("LEC Technology"). The LEC Technology is a proprietary non-lethal cartridge-based ordnance system. DEFSEC is an Ottawa-based based...
2021-01-18 8:23 AM EST
KWESST Announces Additional U.S. Patent Allowance for Phantom Electronic Decoy
Ottawa, Ontario--(Newsfile Corp. - December 30, 2020) - KWESST Micro Systems Inc. (TSXV: KWE) ("KWESST" or "the Company") announced today that the U.S. Patent and Trademark Office ("USPTO") has issued a Notice of Allowance for a second patent covering KWESST's "Phantom" electronic decoy system. KWESST previously announced on October 5th, 2020 the allowance of a first patent covering fifteen claims for a programmable multi-waveform radiofrequency generator capable of broadcasting and emulating...
2020-12-30 8:37 AM EST
KWESST Extends Option to Acquire Non-Lethal Technology
Ottawa, Ontario--(Newsfile Corp. - December 15, 2020) - KWESST Micro Systems Inc. (TSXV: KWE) ("KWESST" or "the Company") today announced it has extended until January 15, 2021 its option to acquire a proprietary non-lethal munitions technology system referred to as the Low Energy Cartridge technology ("LEC Technology"). The owner of the LEC Technology is DEFSEC Corporation ("DEFSEC"), an Ottawa-based based private company owned by David Luxton the Executive Chairman of KWESST. KWESST entered...
2020-12-15 6:33 AM EST
KWESST Announces C$1.1 Million Follow-on Order For TASCS IFM From Key U.S. Military Customer
Ottawa, Ontario--(Newsfile Corp. - December 14, 2020) - KWESST Micro Systems Inc. (TSXV: KWE) ("KWESST" or "the Company") today announced a follow-on order for approximately C$ 1.1 million with a key U.S. military customer to expand use of the Company's TASCS IFM system in military exercises, a key precursor to wider adoption. The contract is for application of the TASCS IFM system on the 81mm mortar platform, which transforms it into a "smart" weapon system with greater accuracy and faster...
2020-12-14 6:33 AM EST
KWESST Micro Systems Retains Hybrid Financial for IR, Applies for Listing On OTCQB
Ottawa, Ontario--(Newsfile Corp. - November 25, 2020) - KWESST Micro Systems Inc. (TSXV: KWE) ("KWESST" or "the Company") is pleased to announce that it has, subject to all required regulatory approvals, including the approval of the TSX Venture Exchange (the "Exchange"), retained Hybrid Financial Ltd. ("Hybrid") to provide marketing, market awareness and corporate broker services, pursuant to an agreement entered into between the Corporation and Hybrid dated as of November 24, 2020 (the...
2020-11-25 8:23 AM EST
KWESST Completes Second Phase of TASCS Contract for Key U.S. Military Customer
Ottawa, Ontario--(Newsfile Corp. - October 28, 2020) - KWESST Micro Systems Inc. (TSXV: KWE) ("KWESST" or "the Company") today announced the completion of the second phase of three deliverables under a contract to support a U.S. military customer, featuring the Company's signature Tactical Awareness and Situational Control System (TASCS) and its Integrated Fires Module (IFM). On September 22nd, 2020, the Company announced the completion of the first deliverable to provide real-time...
2020-10-28 8:23 AM EDT
KWESST Extends Option to Acquire Non-Lethal Technology
Ottawa, Ontario--(Newsfile Corp. - October 26, 2020) - KWESST Micro Systems Inc. (TSXV: KWE) ("KWESST" or "the Company") today announced it has extended until December 15, 2020 its option to acquire a proprietary non-lethal munitions technology system referred to as the Low Energy Cartridge ("LEC"). The owner of the LEC technology is DEFSEC Corporation, an Ottawa-based based private company owned by David Luxton, the Executive Chairman of KWESST. KWESST entered into a letter of intent with...
2020-10-26 8:23 AM EDT
KWESST Upgraded to SAMSUNG "USA Partner" Status
Ottawa, Ontario--(Newsfile Corp. - October 20, 2020) - KWESST Micro Systems Inc. (TSXV: KWE) ("KWESST" or "the Company") today announced the elevation of its affiliation with SAMSUNG Electronics America Inc. ("SAMSUNG") to "USA Partner" status. As a SAMSUNG USA Partner, KWESST will be employing the SAMSUNG S20TE tactical smart phone in the production version of the Company's Tactical Awareness and Situational Control System (TASCS) and for its Integrated Fires Module (IFM) for networked...
2020-10-20 8:23 AM EDT
KWESST Electronic Decoy Patent Receives Notice of Allowance from U.S. Patent Office
Ottawa, Ontario--(Newsfile Corp. - October 5, 2020) - KWESST Micro Systems Inc. (TSXV: KWE) ("KWESST" or "the Company") today announced that the United States Patent and Trademark Office ("USPTO") has issued a Notice of Allowance for the Company's patent application covering its PhantomTM electronic battlefield decoy. "This marks an important addition to KWESST's technology portfolio," said Jeff MacLeod, President and CEO, who added that, "The allowed claims cover both the miniaturized device...
2020-10-05 3:12 PM EDT
KWESST Appoints Chief Financial Officer
Ottawa, Ontario--(Newsfile Corp. - October 1, 2020) - KWESST Micro Systems Inc. (TSXV: KWE) ("KWESST" or "the Company") today announced the appointment of Steven Archambault, CPA, CA as the Company's new Chief Financial Officer. Mr. Archambault brings a wealth of international finance experience to KWESST. With 15 years of public company experience, he has deep functional expertise and technical knowledge in all aspects of corporate finance, financial planning, and accounting, in addition to...
2020-10-01 4:35 PM EDT
KWESST Announces Pending Patent for Improved Digital Aiming Systems
Ottawa, Ontario--(Newsfile Corp. - September 24, 2020) - KWESST Micro Systems Inc. (TSXV: KWE) ("KWESST" or "the Company") today confirmed the formalization of patent pending status of an invention which improves the accuracy of military weapons systems, utilizing a novel micro-optical and computer vision technology, branded "Polaris". Polaris works with digital aiming systems for military weapons including the KWESST's flagship Tactical And Situational Control System (TASCS) and its...
2020-09-24 8:22 AM EDT
KWESST Completes First Phase of Contract Delivery For TASCS to U.S. Military Customer
Ottawa, Ontario--(Newsfile Corp. - September 22, 2020) - KWESST Micro Systems Inc. (TSXV: KWE) ("KWESST" or "the Company") today announced the successful completion of the first phase of three deliverables under a contract to support a U.S. military customer featuring the Company's signature Tactical Awareness and Situational Control System" ("TASCS"). This first deliverable under a $500,000 (CAD) contract demonstrated the TASCS Integrated Fires Module ("IFM") on mortars and the Augmented...
2020-09-22 8:22 AM EDT