- KWESST Micro Systems (TSXV:KWE) has been awarded a contract to provide a situational awareness app to support the Canadian Red Cross
- Working with its teaming partner, CounterCrisis Tech, KWESST is developing a proof-of-concept project to start at the end of May and be complete by October 2024
- The Ottawa-based defence company will assist in emergency and disaster relief operations and one of the project’s goals is a proof of concept of KWESST’s Lightning under a software as a service model
- KWESST Micro Systems Inc. last traded at $0.55 per share
KWESST Micro Systems (TSXV:KWE) has been awarded a contract to provide a situational awareness app to support the Canadian Red Cross.
Working with its teaming partner, CounterCrisis Tech, KWESST is developing a proof-of-concept project to start at the end of May and be complete by October 2024.
Under the contract, the Ottawa-based defence company will assist in emergency and disaster relief operations and one of the project’s goals is a proof of concept of KWESST’s Lightning under a software as a service (SaaS) model, where users pay an ongoing subscription fee. This is the same model KWESST is introducing to law enforcement agencies later this year.
KWESST’s Lightning is an integration of equipment, decision tools, software, surveillance and mapping all in one package.
Lightning can leverage the company’s military digitization capabilities to provide a scalable cloud-based situational awareness app for the public safety market for real-time shared information among front-line responders and commanders during critical, dynamic incidents, for “lightning-fast,” real-time shared situational awareness.
The system allows users to build and select from a menu of different “mission” modules appropriate to the incident. KWESST is already under subcontract with a national public safety agency to develop one such “mission” module for Ground Search and Rescue operations for the community of law enforcement and volunteer organizations that conduct searches for thousands of lost people each year.
“The Canadian Red Cross plays a vital role in assisting victims of natural disasters, including wildfires, and needs the same kind of real-time situational awareness on the ground during operations that we’ve developed for law enforcement agencies with our KWESST Lightning app,” Sean Homuth, KWESST’s president and CEO, said in a news release. “Under our go-to-market teaming agreement, CCT provides its “IC4W” command and control app and we provide our KWESST Lightning situational awareness app for front-line responders.”
The KWESST Lightning app also facilitates interoperability between different responding organizations on the ground in any critical incident and comes enabled with the Team Awareness Kit family of products developed by the U.S. government for data sharing between responders on standard smart devices.
The company will present KWESST Lightning to the Canadian Association of Chiefs of Police and serve as a presenting speaker at the conference on situational awareness and interoperability in February 2025 in Toronto.
KWESST worked with CounterCrisis Tech before on a similar project for Public Safety Canada in support of ground search and rescue operations. The new contract is by way of subcontract to KWESST from CounterCrisis, with a value of around C$100,000 to KWESST. The company had made public a similar contract with the Ontario Provincial Police back in March.
In other company news, KWESST also released its fiscal Q2 2024 financial results, highlighting a 200 per cent increase in revenue for the period. Total revenue increased by $100,000 in year-to-date fiscal 2024 compared with the same period the year before and the team expects revenue to increase after the launch of Lightning.
KWESST Micro Systems Inc. develops and commercializes tactical systems that meet the requirements of security forces and personal defence for overmatch capability against adversaries.
KWESST Micro Systems Inc. last traded at $0.55 per share.
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