KWESST Micro Systems Inc.

Recent News

  • KWESST To Hold Investors Update Call on Tuesday May 11th, 2021 at 2:00 PM EDT

    Ottawa, Ontario--(Newsfile Corp. - May 7, 2021) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) ("KWESST" or "the Company") is pleased to announce that it will hold an investors update call on Tuesday May 11th, 2021 at 2:00 PM ETD. The details of the call are as follows:Presenter: David Luxton, Executive Chairman of KWESSTTopics: Mr. Luxton will describe the significance of the Company's acquisition of Low Energy Cartridge ("LEC") systems and the go-to-market strategy for the LEC . The...

    2021-05-07 3:19 PM EDT
  • KWESST Closes over Subscribed Brokered Private Placement for Gross Proceeds of $4.42 Million

    Ottawa, Ontario--(Newsfile Corp. - April 29, 2021) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) ("KWESST" or "the Company") is pleased to announce the closing of its over subscribed previously announced brokered private placement for total gross proceeds of C$4,420,071.25 (the "Offering") by the issuance of 3,536,057 units of the Company (the "Units") at a price of $1.25 per Unit. On April 6, 2021, the Company had announced a $2.5 million private placement which got upsized to $4 million...

    2021-04-29 2:20 PM EDT
  • KWESST Announces U.S. Patent Award for Phantom(TM), Qualifies for Government Programs

    Ottawa, Ontario--(Newsfile Corp. - April 20, 2021) -  KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) ("KWESST" or "the Company") today announced the award of U.S. patent 10,969,467 B1 for Programmable Multi-Waveform RF Generator for Use as Battlefield Decoy. This patent is one of the core technologies of the Company's PhantomTM electronic decoy, as described in the press releases of October 5th and December 30th, 2020.In conjunction with the patent award, the Company confirmed that the PhantomTM system has...

    2021-04-20 2:57 PM EDT
  • KWESST Updates SEDAR Filings

    Ottawa, Ontario--(Newsfile Corp. - April 16, 2021) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) ("KWESST" or "the Company") today announced that it has filed on SEDAR an amended Annual Information Form for the fiscal period ended September 30, 2020 and Amended and Restated Condensed Consolidated Interim Financial Statements and MD&A for the three-month period ended December 31, 2020 (the "Q1 Filings"). The primary change to the Q1 Filings is the reversal of $159,124 accrued liabilities for the annual...

    2021-04-16 8:00 PM EDT
  • KWESST Announces Appointment of VP Operations and Full-Time Engagement of Existing CFO

    Ottawa, Ontario--(Newsfile Corp. - April 14, 2021) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) ("KWESST" or "the Company") today announced that it has appointed Rick Bowes, CD, MA, MBA in the new position of Vice President, Operations to oversee and accelerate market introduction of the Company's products and services for Digitization and Tactical Products ("DTP"). The DTP business unit comprises the bulk of the Company's current products and services, including TASCS, ATAK integration, the GreyGhostTM micro missile...

    2021-04-14 8:52 AM EDT
  • KWESST Announces Upsizing of Previously Announced Brokered Private Placement

    Ottawa, Ontario--(Newsfile Corp. - April 9, 2021) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) ("KWESST" or "the Company") is pleased to announce that in connection with its previously announced brokered private placement (the "Offering"), the Company and PI Financial Corp., the lead agent and sole bookrunner (the "Lead Agent") for the Offering, have agreed to increase the size of the Offering to raise total gross proceeds of $4 million. The Company now intends to issue 3,200,000 units of...

    2021-04-09 8:07 AM EDT
  • KWESST Releases Video and Photos Of TASCS IFM For 81 mm Mortar in U.S. Military Exercises

    Ottawa, Ontario--(Newsfile Corp. - April 8, 2021) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) ("KWESST" or "the Company") is pleased to release approved footage and pictures of the KWESST TASCS Integrated Fires Module ("IFM") in action in live-fire exercises at a U.S. military base. These exercises are being held pursuant to a contract with a key U.S. military customer (for further information please see the December 2020 news release at https://kwesst.com/news/kwesst-announces-c1-1-million-follow-on-order-for-tascs-ifm-from-key-u-s-military-customer-2/ ) which is currently being delivered.

    2021-04-08 6:35 AM EDT
  • KWESST Responds to OTC Markets Request on Recent Promotional Activity

    Ottawa, Ontario--(Newsfile Corp. - April 7, 2021) -  KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) ("KWESST" or "the Company") has been requested by OTC Markets Group Inc. to issue this statement about promotional activity concerning its common stock.On April 6, 2021, OTC Markets informed the Company that it became aware of certain promotional activities concerning the Company and its common stock traded on the OTCQB Marketplace, including the distribution of two promotional newsletter e-mails published by Epic Stocks Picks...

    2021-04-07 10:45 PM EDT