Revenue growth:+278% Year-over-year+330% Q3 2025 over Q3 2024Gross margin growth:+388% Year-over-year+879% Q3 2025 over Q3 2024Accelerated backlog delivery and reduced lead-time for the ARWEN® line of businessCash balance increases by $2.3 million over Fiscal 2024 year end(excluding subsequently completed public offering with $6.8 million in gross proceeds) Ottawa, Ontario, August 13, 2025 – DEFSEC Technologies […]
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Ottawa, Ontario, August 7, 2025 – DEFSEC Technologies Inc. (NASDAQ: DFSCW) (TSXV: DFSC.V) (TSXV: DFSC.WT.U) (FSE: 62U2) (“DEFSEC” or the “Company”), today announced the closing of its previously announced public offering of 759,879 common shares of the Company (or pre-funded warrants (“Pre-funded Warrants”) in lieu thereof), together with common share purchase warrants (“Warrants”) to purchase […]
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Ottawa, Ontario, July 24, 2025 – DEFSEC Technologies Inc. (NASDAQ: DFSC) (NASDAQ: DFSCW) (TSXV: DFSC.V) (TSXV: DFSC.WT.U) (FSE: 62U2) (“DEFSEC” or the “Company”), today announced the pricing of a public offering of 759,879 common shares of the Company (or pre-funded warrants (“Pre-funded Warrants”) in lieu thereof), together with common share purchase warrants (“Warrants”) to purchase […]
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Intention to change name from “KWESST Micro Systems Inc.” to “DEFSEC Technologies Inc.,” ticker symbol to change to DFSC, legal entity remains unchanged. OTTAWA, ON – JUNE 25, 2025 – KWESST Micro Systems Inc. (TSXV: KWE and KWE.WT.U; NASDAQ: KWE and KWESW; FSE: 62UA) (“KWESST” or the “Company”) a leader in advanced tactical systems for the […]
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OTTAWA, ON – JUNE 18, 2025 – KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (“KWESST” or the “Company“), a leader in advanced tactical systems, today announced receipt of a first order from a defense systems integrator for prototypes of its newest generation of battlefield laser detection system (“BLDS”) for a major North American […]
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Further acceleration in revenue growth: +250% 1H year-over-year +160% Q2 year-over-year Operating expenses reduced by 36% Q2 year-over-year Cash balance increases by 54% over Q1 Fiscal 2025 to $4.4M Ottawa, Ontario, May 16, 2025 – KWESST Micro Systems Inc. (TSXV: KWE and KWE.WT.U; NASDAQ: KWE and KWESW) (“KWESST” or the “Company”) is pleased to announce the […]
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OTTAWA, ON – May 8, 2025 - KWESST Micro Systems Inc. (TSXV: KWE and KWE.WT.U; NASDAQ: KWE and KWESW) (“KWESST” or the “Company“) is pleased to announce that it has received a notification letter (the “Notification Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it has regained […]
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OTTAWA, ON – April 23, 2025 – KWESST Micro Systems Inc. (TSXV: KWE and KWE.WT.U; NASDAQ: KWE and KWESW) (“KWESST” or the “Company“) previously announced that, subject to the final approval of the TSX Venture Exchange (the “TSXV”), that it will effect a consolidation of the Company’ issued and outstanding common shares (each, a “Share”) […]
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OTTAWA, ON – April 21, 2025 – KWESST Micro Systems Inc. (TSXV: KWE and KWE.WT.U; NASDAQ: KWE and KWESW) (“KWESST” or the “Company“) announces, subject to the final approval of the TSX Venture Exchange (the “TSXV”), that it will effect a consolidation of the Company’ issued and outstanding common shares (each, a “Share”) on the […]
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OTTAWA, ON APRIL 1, 2025 – KWESST Micro Systems Inc. (NASDAQ: KWE and KWESW, TSXV: KWE and KWE.WT.U) (“KWESST” or the “Company”) today announced the results of its special meeting of shareholders (the “Meeting“) held virtually via a Zoom video conference on March 31, 2025 at 4:00 PM (Eastern time). The Meeting was called as part […]