- KWESST Micro Systems (KWE) was awarded a U.S. patent for “for Programmable Multi-Waveform RF Generator for Use as Battlefield Decoy”
- The patent is one of the core technologies of the company’s Phantom electronic decoy
- Phantom is a compact, lightweight electromagnetic transmitter capable of mimicking the electromagnetic signature of a tactical military unit, fooling adversaries
- The electronic decoy product has advanced to sponsorship and evaluation with U.S. military and another NATO nation
- KWESST Micro Systems is up 8.47 per cent, with shares trading at $1.28 at 3:45 pm ET
KWESST Micro Systems (KWE) was awarded a U.S. patent for “for Programmable Multi-Waveform RF Generator for Use as Battlefield Decoy.”
The patent is one of the core technologies of the company’s Phantom electronic decoy, according to the company. The electronic decoy product has advanced to sponsorship and evaluation with the U.S. military and another NATO nation.
The Phantom system has been selected in defence and innovation programs for evaluation, including a U.S. Special Operations Command program, and has been prequalified for government funding with an estimated initial value of approximately C$1 million once approved.
“Apart from the potential near-term dollars involved, this qualification and invitation to participate in trials with key agencies in the U.S. and another NATO country signals serious interest in the Phantom system. These concurrent developments also appear likely to accelerate the pace of market uptake.
Accordingly, with the upcoming close of our $4 million financing announced April 9, 2021, we will be prioritizing the productization of Phantom to be in the market sooner than originally planned,” said KWESST Founder President and CEO Jeff MacLeod.
The company publicly stated there is growing interest among NATO and partner countries for a tactical electronic decoy to prevent adversaries from locating and targeting friendly forces.
Phantom is a compact, lightweight electromagnetic transmitter capable of mimicking the electromagnetic signature of a tactical military unit, fooling adversaries as to the location of NATO and partner nation forces.
KWESST Micro Systems is up 8.47 per cent, with shares trading at $1.28 at 3:45 pm ET.