KWESST Micro Systems Inc.

155 Terence Matthews Crescent
Ottawa, ON
Canada K2M 2A8

Recent News

  • KWESST Announces Public Offering of Units in Canada

    Ottawa, Ontario--(Newsfile Corp. - September 13, 2022) - KWESST Micro Systems Inc. (TSXV: KWE) ("KWESST" or "the Company") announced today that it has commenced an underwritten public offering in Canada of units for gross proceeds of approximately USD$3 million (the "Offering"). Each unit (a "Unit") is comprised of one common share in the capital of KWESST (a "Share") and a common share purchase warrant (a "Warrant"). Each Warrant entitles its holder to purchase one additional common share for a period...

    2022-09-13 1:41 PM EDT
  • KWESST Completes Loan Financing

    Ottawa, Ontario--(Newsfile Corp. - August 29, 2022) - KWESST Micro Systems Inc. (TSXV: KWE) ("KWESST" or "the Company") today announced that it has closed two non-secured loans in the amount of USD$200,000 per loan with a third-party lender ("Lender") for an aggregate amount of USD$400,000 (the "Loans").The Loans bear interest at a rate of 6.0% per annum, compounded monthly and not in advance, and have a maturity of twelve months, with the Company having the option to repay the whole...

    2022-08-29 10:44 AM EDT
  • KWESST Publicly Files a Registration Statement with the United States Securities and Exchange Commission for a Proposed Registered Offering in the United States and Dual-Listing on the Nasdaq Capital Market

    Ottawa, Ontario--(Newsfile Corp. - August 16, 2022) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) (FSE: 62U) ("KWESST" or the "Company") announced today that it has publicly filed a registration statement on Form F-1 with the United States Securities and Exchange Commission (the "SEC") relating to a proposed public offering of common units, consisting of one common share and a warrant to purchase one common share, and pre-funded units, consisting of a pre-funded warrant to purchase one common...

    2022-08-16 8:07 AM EDT
  • KWESST Announces Grant of Stock Options

    Ottawa, Ontario--(Newsfile Corp. - July 27, 2022) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) ("KWESST" or the "Company") announces it has awarded stock options pursuant to its Long-Term Performance Incentive Plan, to its Chief Financial Officer to purchase up to an aggregate of 100,000 common shares of the Company. The stock options are exercisable at a price of $0.205 per share and will expire on July 22, 2027.About KWESSTKWESST (TSXV: KWE) (OTCQB: KWEMF) (FSE: 62U) commercializes breakthrough...

    2022-07-27 10:41 PM EDT
  • KWESST Announces Closing of Private Placement of Units for Gross Proceeds of $344,000

    Ottawa, Ontario--(Newsfile Corp. - July 14, 2022) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) ("KWESST" or the "Company") is pleased to announce the closing of a non-brokered private placement of 1,600,000 units at a price of $0.215 per unit, for aggregate gross proceeds to KWESST of $344,000."As a result of a close business associate's expression of interest to further increase their investment in the Company, along with certain insiders, we welcome this additional capital to finance our near-term...

    2022-07-14 10:52 PM EDT
  • KWESST Receives Contract Award to Integrate New Incident Command Centre and Ground Search and Rescue Application Into ATAK

    Ottawa, Ontario--(Newsfile Corp. - July 7, 2022) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) (FSE: 62U) ("KWESST" or the "Company"), a developer of next-generation tactical systems for military, security, and personal defense markets, today announced that it has been awarded a three-year contract by CounterCrisis Technology Inc. ("CC-T") to design, develop, and implement a significant component of a national Ground Search and Rescue Incident Command System (GSAR ICS) for Public Safety Canada. Under the contract, KWESST and CC-Twill...

    2022-07-07 8:25 AM EDT
  • KWESST Micro Systems Inc. Interview to Air on Bloomberg U.S. on The RedChip Money Report

    Ottawa, Ontario--(Newsfile Corp. - June 3, 2022) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF), a developer of next-generation tactical systems for military, security, and personal defense markets, today announced that an interview with Executive Chairman David E. Luxton will air on The RedChip Money Report® on Bloomberg TV, June 4, at 7 p.m. Eastern Time (ET). Bloomberg TV is available in an estimated 73 million homes across the United States. The RedChip Money Report® is produced by RedChip...

    2022-06-03 10:17 AM EDT
  • KWESST Showcases Latest in Next-Generation Tactical Systems at CANSEC 2022 Defence and Security Expo, June 1-2, EY Centre, Ottawa, Canada

    The latest in digitization systems for real-time shared situational awareness for military and public safety, including ATAK and TAKCounter-threat systems against lasers and electronic detectionNew non-lethal systemsOttawa, Ontario--(Newsfile Corp. - June 1, 2022) -  KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) (FSE: 62U) ("KWESST" or "the Company"), a developer of next-generation tactical systems for military, security, and personal defense markets, today announced its featured systems lineup to be showcased at Canada's annual defence and security expo, CANSEC, June 1-2,...

    2022-06-01 11:39 AM EDT