- Defense technology stock Kwesst Micro Systems (TSXV:KWE) is expanding its manufacturing into the United States through a new memorandum of understanding with Nordon
- The initial product under the deal is Kwesst’s ARWEN less-lethal universal 40 mm baton projectile, with potential for expansion
- Kwesst develops tactical systems for military and security forces
- Kwesst Micro Systems stock is unchanged trading at C$0.44 per share as of 10:22 am ET
Defense technology stock Kwesst Micro Systems (TSXV:KWE) is expanding its manufacturing into the United States through a new memorandum of understanding with Nordon.
The move brings scaled production of Kwesst’s ARWEN less-lethal universal 40 mm baton projectile stateside, avoiding tariffs, reducing trade barriers and reinforcing the company’s North American supply chain.
Nordon has been manufacturing high-performance plastic components for the medical, sporting, food, firearms and defense industries since 1973. Operating in Rochester, New York, as well as the former Kodak distribution facility on Lexington Avenue, the manufacturer strengthens Kwesst’s appeal to the U.S. market while enhancing supply chain efficiency with proven products.
The relationship has the potential for significant expansion, since Nordon has completed tooling for scaled production of most of the components related to the PARA OPS cartridges and projectiles to be marketed under the ARWEN brand.
According to Friday’s news release, the companies must work out a long-term manufacturing arrangement by June 1, 2025.
Leadership insights
“We see significant growth potential with these two products being built in the U.S. and proudly carrying the ‘Made in America’ designation,” Sean Homuth, Kwesst’s president and chief executive officer (CEO), said in a statement. “By manufacturing domestically, we enhance product availability, streamline logistics and reinforce our commitment to providing quality solutions to law enforcement and eventually civilian markets in the United States.”
“We are excited to partner with Kwesst in bringing these advanced less-lethal solutions to market. Our state-of-the-art facility and deep expertise in precision manufacturing will ensure that Kwesst’s products meet the highest standards of quality and reliability while supporting domestic job creation and economic growth,” added Paul Reed, CEO of Nordon.
About Kwesst Micro Systems
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) is unchanged trading at C$0.44 per share as of 10:22 am ET.
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(Top image of Kwesst Micro Systems logo: Kwesst Micro Systems)
