Business Description
KWESST Micro Systems Inc. develops and markets intelligent tactical systems and proprietary technology for applications in the military and homeland security market. The company offers products, such as TASCS Sniper equips sniper weapons and spotters’ stations with sensor packages that allow them to be accurately located on the battlefield; TASCS IFM equips existing weapons systems with a sensor pack; Shot Counter, a small device that fits inside the pistol grip of various weapons; KWESST LWS miniaturized laser-warning system that provides an alert to the user when a laser is detected; KWESST LD, a lightweight tripod or light vehicle mounted system that provides either a 180-degree or 360-degree scanning detection of laser activity; and GhostStep Technology, an electromagnetic transmitter capable of mimicking the electromagnetic footprint of a small tactical military unit. KWESST Micro Systems Inc. is headquartered in Ottawa, Canada.
Website https://kwesst.com/
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Hi!
Any thoughts why the stock price is falling heavily?
Gunnar K
Hi Gunnar K,
Thank you for your question. We believe the recent acquisition and initiatives have improved the company’s fundamentals. KWE is currently at the SHOT show launching its flagship LEC system. We will publish a note as soon as we have an update. Please continue to monitor this page for our updates/notes.
Thank you!
Hi!
The stock price has continued to fall, and has hit all time low. Financial statements was out yesterday. Not at all impressive in my opinion. Net loss (o,o7) per share, and they are using a lot of money. As I see it the company needs more money very soon.
Comments? Do you still recommend Kwesst?
Thank you!
Gunnar K
Hi Gunnar, thank you for the message. We will be publishing an update report shortly. Please monitor this page for updates. Thank you.
Hi!
I think there will be some time before this company starts climbing again. With the miserable (in my opinion) financial statement in mind I’m afraid we could see a stock price far below 0,5 in the near future. There is a lot of potensial in this company, and things might change for the better again, but the company will need time, and very soon money. (dilution)
Only my opinion. Let us see what the future brings.
Gunnar K