ASX-listed Mobilicom Limited (ASX: MOB) has added to its software offering, launching an AI-based cybersecurity suite to provide industry-leading 360° protection for commercial and industrial drones, robotics, and autonomous platforms, against more than 10 different types of cyber breaches and malicious attacks.
Mobilicom’s Immunity Cybersecurity and Encryption (ICE) cybersecurity suite is the world’s first AI-based 360° system that can detect, prevent and respond to multiple drone/robotics cyber-attacks in real-time without requiring intervention by an operator.
Specifically designed for commercial and industrial drone, robotics and autonomous platforms, Mobilcom’s ICE cybersecurity solution is multi-faceted and multi-layered – protecting the platform, safeguarding communication channels, and encrypting data that is transmitted and collected.
Mobilicom will be offering drone and robotics manufacturers the ICE Cybersecurity Suite as an add-on software licensing module as part of its current and future contracts. The Company will also incorporate its ICE Cybersecurity Suite into its range of end-to-end smart solutions across both the Mobilicom and SkyHopper brands.
The ICE Cybersecurity Suite is the result of more than three years’ research and development and provides a solution to real-world attacks and treats that are impacting leading customers within the domain. The technology leverages Mobilicom’s extensive integration experience with over 70 types of drones, robotics and autonomous platforms.
Mobilicom CEO Oren Elkayam said, “Already well regarded as innovative providers of end-to-end smart solutions for drones, robotics and autonomous platforms, our first-generation Cybersecurity Suite addresses critical safety and security challenges for commercial and industrial drone and robotics operators. As commercial drone use increases, we are first-to-market with an AI-based 360⁰ solution that mitigates current cyber security risks and threats.
“We are well-positioned to capitalise on the fast-growing commercial and defence drone market, which is expected to reach $18 billion by 2026. Our extensive experience within the drone and robotics market has provided us with deep insights into the unique challenges associated with securely operating industrial and commercial drones. Traditional cybersecurity solutions are not suitable for drone and robotics platforms, which operate in a distributed and decentralised manner and predominantly rely on wireless networks which are facing multiple unknown threats.
“Given our ability to autonomously detect, prevent and respond to these threats in real time, we expect our ICE cybersecurity will become a major new income stream for Mobilicom, improving our gross profit and profitability over the long-term. ICE cybersecurity will be offered under licence, offering our existing customers and the industry the ability to access the latest innovations in advanced integrated security on an ongoing basis. Our ICE cybersecurity offering complements our existing end-to-end smart solutions for the drone and robotics market and aligns with our longer-term transition to a SaaS business.”