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KWESST to showcase its products at IDEX, Abu Dhabi, United Arab Emirates, February 20-24, 2023 and to exhibit and speak at Future Soldier 2023 Technology Conference, London, UK, March 7-8, 2023
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 Middle East and North Africa ("MENA"). Featured items will include the Company's Battlefield Laser Defence System (BLDS), with high interest expected from attendees throughout the MENA region. KWESST's new Non-Lethal system, branded PARA OPS, will also be featured following interest from the MENA region from customers and foreign representatives who visited KWESST at the recent 2023 SHOT Show in Las Vegas, January 18-20. The Company expects the MENA market, where KWESST management has extensive prior experience, can be early adopters of new technology for operational use.
KWESST will also be a presenting sponsor at the Future Soldier 2023 Technology Conference and expo in London, March 6-8, 2023, attended by key UK Ministry of Defence, NATO and industry stakeholders specifically focused on soldier modernization and tactical edge integration. At the conference KWESST will be presenting and discussing its digital solutions and capabilities that enable dynamic situational awareness for soldiers at the battalion level and below, thus closing the current "digital divide" at the soldier level.
"These events mark the first real opportunity since the pandemic to address overseas markets directly," said KWESST's Executive Chairman, David Luxton, who is leading the Company's delegation to IDEX and the Future Soldier 2023 Technology Conference. He added, "these are unique opportunities to connect face to face with customers and the many overseas agents we've come to know from previous ventures." The Company also expects to meet with key industry teaming partners about overseas program opportunities.
With its BLDS and PARA OPS now in early production, the Company is ready to take customer orders at these and other upcoming overseas trade shows and events.
Separately, the Company has filed its unaudited condensed consolidated interim financial statements and related management discussion and analysis for its first quarter ended December 31, 2022, under the Company's profile on SEDAR at www.sedar.comand furnished the same to the United States Securities and Exchange Commission on the Company's EDGAR profile at www.sec.gov.
