KWESST Micro Systems Inc.

155 Terence Matthews Crescent
Ottawa, ON
Canada K2M 2A8

Recent News

  • 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 selected KWESST's Phantom™ electronic battlefield decoy...

    2022-12-14 8:47 AM EST
  • KWESST Provides Corporate Update Following NASDAQ Listing and Completion of Financing

    2023 order flow ramp-up and trajectoryStrategic new joint venture with ThalesFirst Laser Defence order received from NATO countryFirst PhantomTM delivered to General Dynamics Land SystemsNon-lethal products to be showcased at upcoming SHOT ShowOttawa, 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...

    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 common stock ("Warrant"). The Warrants...

    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 common stock ("Warrant"). The Warrants...

    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...

    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 offerings...

    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...

    2022-12-06 10:16 PM EST
  • KWESST Announces Share Consolidation

    Ottawa, Ontario--(Newsfile Corp. - October 26, 2022) - KWESST Micro Systems Inc. (TSXV: KWE) ("KWESST" or "the Company") announces, subject to the final approval of TSX Venture Exchange (the "TSXV"), the consolidation of its common shares on the basis of one post-consolidation common share for every seventy pre-consolidation common shares issued and outstanding effective as of 12:01 am on October 28, 2022. The common shares are expected to begin trading on a consolidated basis on the TSXV on Friday October...

    2022-10-26 7:30 PM EDT