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KWESST (TSXV:KWE) introduces loitering munition drone solution

Defence
TSXV:KWE
26 October 2021 14:30 (EDT)

Source: KWESST.

KWESST (KWE) has announced a new system to counter loitering munition drones.

Unlike conventional drones, which fly straight to a target area to surveil or attack, a loitering munition drone is an autonomous kamikaze device with a built-in warhead that can hover for extended periods before engaging in a selective attack.

The system receives a signal from any third-party drone detection system to locate the loitering munition, then it launches an unmanned platform armed with a proprietary payload to neutralize the threat. The nature of the neutralization method prevents collateral damage.

KWESST has partnered with a leading U.S. drone engineering company to carry the system’s neutralizing payload. The companies will produce functioning demonstration units by early 2022 with plans for trials with U.S. military agencies in Q2 2022.

KWESST is currently engaged with other NATO countries interested in the system.

Jeff MacLeod, Founder, President and CEO of KWESST, stated,

“Loitering munitions constitute a new niche threat where KWESST is positioned to exploit its specialist counter-threat knowledge and technology.

The recent conflict in Nagorno-Karabakh is a widely cited contemporary example of how loitering munitions can play a decisive role in outcomes, leaving ground forces exposed and vulnerable.

More than a dozen countries currently have loitering munitions, and many more are in the process of adopting them as an economic replacement for missile systems, with surgical precision and highly destructive effects.”

KWESST Micro Systems develops and commercializes tactical systems for security forces and personal defence.

KWESST (KWE) is down by 1.05 per cent and is currently trading at $1.88 per share as of 1:47 pm ET.

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