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KWESST (TSXV:KWE) gets Authorized Integrator designation

Defence, Industrial
TSXV:KWE
24 May 2022 13:00 (EDT)

Source: KWESST Micro Systems.

KWESST Micro Systems (KWE) has been designated an authorized integrator of Persistent Systems products.

The MPU5 handheld device enables the sharing of voice, video, text, GPS, and sensor data in a true peer-to-peer fashion via the company’s proprietary Wave RelayMANET. All this can be done without the need for external communications infrastructure or a vulnerable hub.

The solution is being used extensively by military, public safety, and commercial customers in the United States, Canada, and other countries for secure and scalable mobile networking.

Rick Bowes, KWESST Vice-President of Digitization and Counter-Threat systems commented on the news.

“As part of the agreement, KWESST will be able to develop all-new TAK-specific plug-ins for the MPU5, putting new advanced sensors and capabilities onto the MANET. This will be a major technological advantage both for military and for public safety agencies including police forces.”

Persistent Systems, LLC is a global communications technology company. It develops and manufactures a patented and secure Mobile Ad hoc Networking (MANET) system: Wave Relay.

Digital transformation presents one of the biggest challenges for public safety agencies. Globally, the public safety and security market is expected to reach $868 billion by 2028, growing at a CAGR of 10.4%,.

The global defense IT spending market is expected to grow at a CAGR of 4.4% through 2027, reaching an estimated $111 billion.

KWESST develops and commercializes next-generation tactical systems for military and security forces and personal defense. The company offers breakthrough technology in non-lethal systems with broad application. 

KWESST Micro Systems Inc. (KWE) was up 1.41 per cent, trading at C$0.36 per share at 12:30 pm ET.

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