KWESST Announces Appointment of New Chief Financial Officer
Ottawa, Ontario--(Newsfile Corp. - May 30, 2023) - KWESST Micro Systems Inc. (TSXV: KWE) (TSXV: KWE.WT.U) (NASDAQ: KWE) (NASDAQ: KWESW) ("KWESST" or "the Company") is pleased to announce that it has appointed Sean Homuth, CPA, CA as Chief Financial Officer (CFO), effective June 12, 2023. As CFO, Mr. Homuth will lead the Company's finance function including accounting and controllership, tax planning, financial planning and analysis, investor relations, treasury, human resources and IT. Mr....
2023-05-30 8:00 AM EDT
KWESST To Feature "Ready now" Rapid, Agile Tactical Digitization at CANSEC 2023, May 31-June 1, Ottawa, Canada to more than thirty visiting countries
Ottawa, Ontario--(Newsfile Corp. - May 29, 2023) - KWESST Micro Systems Inc. (TSXV: KWE) (TSXV: KWE.WT.U) (NASDAQ: KWE) (NASDAQ: KWESW) ("KWESST" or "the Company") today announced that at CANSEC 2023, May 31st and June 1st, Ottawa, it will be featuring its capability to rapidly integrate and exploit digital information for the dismounted and mounted soldier, including Team Awareness Kit (TAK) i
2023-05-29 8:50 AM EDT
KWESST Provides Update on CFO Replacement, Defence Contracts in Progress, Upcoming Participation at CANSEC, and Confirms Filing of Q2 Financials
Ottawa, Ontario--(Newsfile Corp. - May 17, 2023) - KWESST Micro Systems Inc. (TSXV: KWE) (TSXV: KWE.WT.U) (NASDAQ: KWE) (NASDAQ: KWESW) ("KWESST" or "the Company") today updated shareholders on its search for a permanent CFO, the potential increase in scope and value of two of its defense contracts, it's participation at the annual Canadian defence show in Ottawa, and confirmed filing of its financial results for Q2 of Fiscal 2023. On March 1st, 2023 KWESST announced that it expected to have...
2023-05-17 8:30 AM EDT
KWESST Receives Notice of Contract Award for Approximately $20M over Five Years for Software Systems Development for Canadian Department of National Defence
Ottawa, Ontario--(Newsfile Corp. - May 2, 2023) - KWESST Micro Systems Inc. (TSXV: KWE) (TSXV: KWE.WT.U) (NASDAQ: KWE) (NASDAQ: KWESW) ("KWESST" or "the Company") is pleased to announce that it has received notification of contract award under a joint venture with two other defence industry partners, to perform software systems engineering work for the Canadian Department of National Defence ("DND"). The contract component for KWESST is valued at a minimum of $4M annually for a five-year...
2023-05-02 8:15 AM EDT
KWESST Announces Supplemental Listing of December 9, 2022 Warrants on TSXV
Ottawa, Ontario--(Newsfile Corp. - April 27, 2023) - KWESST Micro Systems Inc. (TSXV: KWE) (NASDAQ: KWE) (NASDAQ: KWESW) (OTCQB: KWEMF) ("KWESST" or "the Company") is pleased to announce that the TSX Venture Exchange (the "TSXV") has conditionally accepted the listing of 726,392 common share purchase warrants of the Company (the "Warrants") issued in connection with the issuance of 726,392 units (the "Units") at a price of US$4.13 per unit pursuant to its supplement short form PREP prospectus...
2023-04-27 10:38 PM EDT
KWESST Announces Results of 2023 Annual General and Special Meeting of Shareholders, Appoints Interim CFO and Provides Business Update
Ottawa, Ontario--(Newsfile Corp. - April 3, 2023) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (FSE: 62UA) ("the Company" or "KWESST"), a developer of next-generation tactical systems for military, security, and personal defense markets, is pleased to report the results of its 2023 Annual General and Special Meeting of shareholders ("AGM"), held virtually on Friday, March 31, 2023, to announce the appointment of an Interim CFO and to provide a business update. All...
2023-04-03 8:05 AM EDT
KWESST to Provide General Corporate Update Next Week with Results of Annual and Special Meeting of Shareholders
Ottawa, Ontario--(Newsfile Corp. - March 31, 2023) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (FSE: 62UA) ("the Company" or "KWESST"), a developer of next-generation tactical systems for military, security, and personal defense markets, today announced that its general corporate update originally planned for this week will instead be issued next week so that it can include the results of the Company's Annual and Special Meeting Of Shareholders which takes place...
2023-03-31 12:50 PM EDT
G7 Capital Police Force First To Acquire KWESST's New Overwatch Commander System For Critical Incident Management
Ottawa, Ontario--(Newsfile Corp. - March 24, 2023) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (FSE: 62UA) (“the Company” or “KWESST”), a developer of next-generation tactical systems for military, security, and personal defence markets, today announced that a G7 capital police force has adopted the Company’s new Overwatch Commander system, with delivery expected this summer. Designed specifically for Critical Incident Management (“CIM”), KWESST’s Overwatch Commander...
2023-03-24 8:30 AM EDT
KWESST Generated New European Opportunities with Military and Major Defense Industry Suppliers at Future Soldier Technology Conference and Industry Meetings in United Kingdom
Ottawa, Ontario--(Newsfile Corp. - March 17, 2023) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (FSE: 62UA) ("the Company" or "KWESST"), a developer of next-generation tactical systems for military, security, and personal defense markets, today reported on the highlights of its presentation at the Future Soldier Technology conference (the "Conference") and its subsequent meetings with military agencies and major defense contractors in the United Kingdom (UK), March...
2023-03-17 7:27 AM EDT
KWESST Announces Upcoming Departure of CFO and Interim Transition Period
Ottawa, Ontario--(Newsfile Corp. - March 1, 2023) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (FSE: 62UA) ("the Company" or "KWESST"), a developer of next-generation tactical systems for military, security, and personal defense markets, today announced that its Chief Financial Officer (CFO), Steven Archambault, will be stepping down as CFO of the Company to pursue a new opportunity overseas, but has committed to remaining with KWESST as CFO until April 3rd and to...
2023-03-01 8:45 AM EST
KWESST Generates New Regional Opportunities at IDEX 2023
Ottawa, Ontario--(Newsfile Corp. - February 27, 2023) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (FSE: 62UA) ("the Company" or "KWESST"), a developer of next-generation tactical systems for military, security, and personal defense markets, today reported on the highlights of its attendance at IDEX 2023, which wrapped up on February 24 in Abu Dhabi, United Arab Emirates. "This was the biggest IDEX ever," said David Luxton, Executive Chairman of KWESST. "And a place...
2023-02-27 8:15 AM EST
KWESST Delegation Heads to Middle East and United Kingdom as Part of Its International Market Development Program
Ottawa, Ontario--(Newsfile Corp. - February 14, 2023) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (FSE: 62UA) ("the Company" or "KWESST"), a developer of next-generation tactical systems for military, security, and personal defense markets, today reported its first overseas market development events for 2023. From February 20-24, 2023 KWESST will be exhibiting at IDEX, Abu Dhabi, United Arab Emirates ("UAE"), the biggest defense and security expo of 2023 in the...
2023-02-14 9:27 PM EST
KWESST reports highlights of SHOT ShowTM 2023, January 17-20, Las Vegas
Ottawa, Ontario--(Newsfile Corp. - January 30, 2023) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (FSE: 62UA) ("the Company" or "KWESST"), a developer of next-generation tactical systems for military, security, and personal defense markets, today reported on the highlights of the 2023 SHOT SHOW where the Company's new PARA OPS products and its ARWEN non-lethal launcher were showcased, January 17-20 in Las Vegas. "The purpose of exhibiting was to introduce our...
2023-01-30 8:30 AM EST
KWESST Delivers Phantom(TM) Electronic Decoy to General Dynamics Land Systems - Canada for U.S. Marine Corps Advanced Reconnaissance Vehicle Military Program
Ottawa, Ontario--(Newsfile Corp. - December 14, 2022) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (the "Company" or "KWESST") today announced that it has delivered the first PhantomTM system to General Dynamics Land Systems ("GDLS-C") as part of GDLS-C's bid for several hundred next-generation reconnaissance vehicles for the U.S. Marine Corps (the "USMC"). Today's announcement is further to the Company's press release of November 12, 2021 stating that GDLS-C has...
2022-12-14 8:47 AM EST
KWESST Provides Corporate Update Following NASDAQ Listing and Completion of Financing
Ottawa, Ontario--(Newsfile Corp. - December 12, 2022) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) ("the Company" or "KWESST"), a developer of next-generation tactical systems for military, security, and personal defense markets, today provided a corporate update following successful closing of its Nasdaq listing and $14.1 million financing, as announced December 7th
2022-12-12 8:09 AM EST
KWESST Micro Systems Inc. Announces Closing of Public Offerings for $14.1 Million in Aggregate Gross Proceeds
Ottawa, Ontario--(Newsfile Corp. - December 9, 2022) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (the "Company" or "KWESST") today closed its previously announced underwritten U.S. public offering (the "U.S. Offering") and underwritten Canadian offering (the "Canadian Offering"). In the U.S. Offering, the Company sold 2,500,000 units at a public offering price of USD $4.13 per unit, consisting of one share of common stock and one warrant to purchase one share of...
2022-12-09 4:00 PM EST
KWESST Micro Systems Inc. Announces Closing of Public Offerings for USD $14.1 Million in Aggregate Gross Proceeds
Ottawa, Ontario--(Newsfile Corp. - December 9, 2022) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (the "Company" or "KWESST") today closed its previously announced underwritten U.S. public offering (the "U.S. Offering") and underwritten Canadian offering (the "Canadian Offering"). In the U.S. Offering, the Company sold 2,500,000 units at a public offering price of USD $4.13 per unit, consisting of one share of common stock and one warrant to purchase one share of...
2022-12-09 11:58 AM EST
KWESST Announces Shares for Debt Settlements
Ottawa, Ontario--(Newsfile Corp. - December 7, 2022) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (FSE: 62U) ("KWESST" or "the Company") today announced that it has entered into share for debt arrangements with existing lenders, subject to the closing of the U.S. public offering, the pricing for which was announced on December 6, 2022. This will result in issuing 56,141 units (the "Units") to settle loans in an aggregate amount of USD$232,112, including unpaid accrued...
2022-12-07 3:32 PM EST
KWESST Confirms Details of the US IPO and Canadian Offering
Ottawa, Ontario--(Newsfile Corp. - December 6, 2022) - KWESST Micro Systems Inc. (TSXV: KWE) ("KWESST" or "the Company") today announces the pricing of (i) the Company's initial public offering (the "US IPO") in the United States of 2,500,000 units (the "US Units"), at a price of US$4.13 per US Unit and (ii) the Company's simultaneous Canadian public offering (the "Canadian Offering") of 726,392 units (the "Units") at a price of US$4.13 per Unit. The aggregate gross proceeds from both...
2022-12-06 10:25 PM EST
KWESST Micro Systems Inc. Announces Pricing of Public Offering and Nasdaq Listing
Ottawa, Ontario--(Newsfile Corp. - December 6, 2022) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (the "Company" or "KWESST") today announced the pricing of an underwritten U.S. public offering of 2,500,000 units, each consisting of one common share and one warrant to purchase one common share at a price to the public of USD $4.13 per unit. The warrants have a per share exercise price of USD $5.00, can be exercised immediately, and expire five years from the date of...
2022-12-06 10:16 PM EST