Mobilicom Limited (ASX: MOB) has secured repeat orders and two new design wins from existing Tier-1 drone and robotics customers.
Collectively valued at $530,000, these repeat orders are a combination of the Company’s end-to-end offering: SkyHopper datalink, MCU Mesh Networking and Mobile GCS solutions that are incorporated in the design phase of its customers’ new drones and robotics platforms.
These repeat orders demonstrate strong ongoing co-operation with Tier-1 players, showing customer confidence in Mobilicom’s end-to-end offering while they progress toward large scale commercialisation.
Mobilicom CEO Oren Elkayam said, “Our design win strategy often involves many months of engagement, testing, validation and certification with Tier-1 customers before initiation of marketing and promotion of new drone and robotics platforms. This is the first three phases of our growth strategy, known as “design win” phases. As our customers start commercialisation and deployment of their new drones and robotics platforms, we foresee a significant step-change in order volumes and revenues to support their manufacturing demand, referred as commercialisation phases five and six in our growth strategy.
“Our 38 design wins from the last two years provide us with a strong growth pipeline with the final phases of our strategy, seeing us cross-sell additional solutions, such as cybersecurity, software, and services, to our existing customer base.”