Connect with us

Media & Technology

Ozop Energy Solutions Inc (OTCMKTS: OZSC) Parabolic Move as Ozop Energy Systems (OES) Gains Traction in EV Space & Power Conversion Technologies, Inc. (PCTI) Inks Major Contracts

Published

2 years ago

on

Ozop Energy Solutions Inc (OTCMKTS: OZSC) is running up the charts with power since dipping below the $0.06 mark on Wednesday. OZSC is the major league penny stock unicorn that briefly saw its market valuation swell above the $1 billion mark after the stock skyrocketed from well under a penny to recent highs of $0.50 per share. OZSC was the subject of significant short attacks since then but with all that behind it now looks ready to make a run-on previous high. OZSC is trading like a winner; like a stock with limited paper in the float which comes after the Company reported it has repaid its legacy debt in full. OZSC now has the wind in its sails and is moving up rapidly.  There is a change in OZSC trading as large 4- and 5-digit buys are coming in with Thursday’s dollar volume hitting $18 million before noon. Currently under heavy accumulation OZSC is looking to blaze a path along the likes of Enzolytics or Tesoro and break out into a whole new dimension – Tesoro went to multi dollars – a break over $0.50 and its blue skies ahead. 

OZSC subsidiary PCTI is quickly becoming recognized on a global level with customers located throughout the world in Europe, Asia and the United States including the US Army, US Navy, US Air Force, US Marines, Eaton, Delphi, Ford, Caterpillar, General Dynamics, Mitsubishi, General Moters, and NASA. In March PCTI received an order from the US Navy for a 160KVA 400Hz Frequency Converter used for aircraft ground support to power the plane on the ground for a variety of purposes in lieu of using the engine and burning jet fuel. PCTI has been biding on and securing some enormous projects for the US Military.  The Company also currently has at least 5 projects in production and others in various states in the queue with over $6.9 million in solid pipeline project. Over on YouTube, Ozop is covered by several channels such as Sej Investing, SpacForce Network, Investing with Ozzy, Capital Consultant, and Justin Damron. Some channels like DUK Media are speculating that the company is working on a partnership with electric vehicle giant Tesla (TSLA). Ozop Energy Systems recently executed a 25-year lease on a property to build its first lithium-ion battery storage and power facility. The property is located in Brooklyn, New York bordering Marine Park. It is the first of Ozop Energy Systems 16 proposed facilities to be contracted with Con Edison, one of the largest investor-owned energy companies in the United States. New York will need more energy storage to meet its goal of reaching 70 percent renewable electricity by 2030 and a carbon-free electricity system by 2040. The state has set targets of 1,500 MW of storage by 2025 and 3,000 MW by 2030, and it has created a set of policies including incentives for storage developers and procurement requirements for its biggest utilities.  Last week PCTI inked a strategic alliance with U.S. energy systems firm Grid and Energy Masterplanning. Under the deal, the two companies will work on a $3.7 million near net-zero office retrofit project. Ozop Energy Systems has also secured a partnership with Chevrolet dealer Bical Auto Mall. In March PCTI received an order from the US Navy for a 160KVA 400Hz Frequency Converter used for aircraft ground support to power the plane on the ground for a variety of purposes in lieu of using the engine and burning jet fuel. Ozop Energy Systems (OES) has received its initial order for a microgrid generator system for a first-of-its-kind near Net Zero Microgrid building solution. These near Net Zero Microgrids provide the three key benefits driving the paradigm shift to distributed generation: cost savings, carbon reduction and resiliency. This is an exciting step in Ozop’s core strategy to be a leading equipment supplier to the distributed generation space. 

OZSC (Ozop Energy Solutions) invents, designs, develops, manufactures, and distributes ultra-high-power chargers, inverters, and power supplies for a wide variety of applications in the defense, heavy industrial, aircraft ground support, maritime and other sectors. Our strategy focuses on capturing a significant share of the rapidly growing renewable energy market as a provider of assets and infrastructure needed to store energy. Ozop Energy Systems is a leading Manufacturer and distributor of Renewable Energy products in the Energy Storage, Solar, Microgrids, and EV charging Station space. We are always among the first to receive the newest technology, products, and application techniques. We offer a broad portfolio of Renewable Energy products at competitive prices with a commitment to customer satisfaction from selection, to ordering, shipping, and delivery. The Company has been beefing up its already stellar management team and BOD recently adding Ezra Green, Allen Sosis and Ian Graham to the Ozop Energy team represent another big step towards developing Ozop Energy Systems into a global player of supply chain solutions within the renewable energy market. 

About PCTI (Power Conversion Technologies, Inc.)PCTI designs, develops, engineers and manufactures standard and custom power electronic solutions for industrial, military and sustainable energy sectors. The company has served the growing demand for power electronics in the highest power ranges since 1991. Customers include the U.S. Military and many of the world’s largest industrial manufacturers. All of its products are manufactured in the United States, and its facilities have remained open throughout the COVID-19 pandemic because of its status as an essential, defense-related industry.  PCTI currently has at least 5 projects in production and others in various states in the queue with over $6.9 million in solid pipeline project. The Company is quickly gaining traction in the booming energy storage market, which Forbes estimates will grow from $59 billion in 2019 to $546 billion by 2035. PCTI products, technologies and expertise are a linchpin of this emerging industry.  

OZSC has been busy in recent months; In March PCTI received an order from the US Navy for a 160KVA 400Hz Frequency Converter used for aircraft ground support to power the plane on the ground for a variety of purposes in lieu of using the engine and burning jet fuel. Naval Sea Systems Command (NAVSEA) currently operates eight Naval Surface Warfare Centers (NSWC). PCTI has provided equipment in the past to five of the eight NSWCs including Crane, Indiana, Port Hueneme, California, Panama City, Florida, and Carderock, Maryland. PCTI has been awarded multiple contracts by NSWC-Dahlgren Division beginning in 1995. Equipment supplied to NSWC’s include aircraft ground support equipment, battery chargers for Naval applications including a battery charger for the largest unmanned submarine, Cutthroat, operated by Acoustic Research Detachment operated by NSWC Carderock along Lake Pend Oreille in Bayview, Idaho. 

Microcapdaily has been covering OZSC since the stock was well below the $0.01 mark. In our previous look at the Company, we reported: “OZSC recently entered into a Master Supply Agreement with WESCO International, Inc. (NYSE: WCC). This agreement allows Ozop Energy Solutions, via its recently announced wholly owned subsidiary Ozop Energy Systems, access to premier manufacturers as a key source of top-quality products and solutions for the renewable energy market. Since 1922, WESCO has grown and transformed from a division of Westinghouse Electric into an industry-leading Fortune 500 supply chain solutions company. As the scale of energy storage projects increases globally, the Company’s relationship with WESCO creates an opportunity for providing one stop shopping for not only our clientele, but for the industry. 

Investor Sentiment in OZSC is high:

To Find out the inside Scoop on OZSC Subscribe to Microcapdaily.com Right Now by entering your Email in the box below

OZSC

The Company’s subsidiary recently executed a 25-year lease on a property to build its first lithium-ion battery storage and power facility. The property is located in Brooklyn, New York bordering Marine Park. It is the first of Ozop Energy Systems 16 proposed facilities to be contracted with Con Edison, one of the largest investor-owned energy companies in the United States. New York will need more energy storage to meet its goal of reaching 70 percent renewable electricity by 2030 and a carbon-free electricity system by 2040. The state has set targets of 1,500 MW of storage by 2025 and 3,000 MW by 2030, and it has created a set of policies including incentives for storage developers and procurement requirements for its biggest utilities.  

To speed production, OES may opt to deploy Tesla’s Megapack Batteries for this first location, as they are a turnkey solution that includes battery modules, bi-directional invertors, thermal management, AC breakers and controls. On future sites, OES plans to work with this technology and Ozop’s subsidiary PCTI’s manufactured components to lower overhead. This system is designed to arbitrage electricity under agreement with the utility where we store several megawatts of energy at night and release it during high demand daytime hours for a premium. The value of this installation is several million dollars with the income based on variable rates at various peak times. 

Earlier this month OZSC launched its new sales division with approximately 10,000 sq ft of warehouse and office space located on the west coast, at 2870 Whiptail Loop, Carlsbad, CA 92012k known as OZOP West. Heading up the new sales arm of Ozop Energy Systems are two very experienced sales executives with an extensive history in direct renewable sales, maintaining a client base that can generate between $5-$8 million in sales monthly. Yadewinder (Timothy) Toor and Christopher Serna have spent the past two weeks locating the new office and now are preparing it to get up and running for an additional 4-5 industry experienced salespeople to join the team in the coming months. OZSC also brought on Yvonne Hu as its internal consultant to the renewable energy Asian markets. Yvonne Hu is the Founder and President of Anchor International Investment Group (“Anchor”), an investment and consulting company. With over 20 years of experience in the real estate industry, her specialty is in commercial real estate development.  

On April 22 OZSC reported its subsidiary Ozop Energy Systems (OES) has received its initial order for a microgrid generator system for a first-of-its-kind near Net Zero Microgrid building solution. These near Net Zero Microgrids provide the three key benefits driving the paradigm shift to distributed generation: cost savings, carbon reduction and resiliency. This is an exciting step in Ozop’s core strategy to be a leading equipment supplier to the distributed generation space. 

The near Net Zero Microgrid is for a commercial office building located at 7250 Parkway Drive, Hanover Maryland. This innovative microgrid project involves a 700kwh Eos Energy battery storage solution, a 350kw PSI natural gas generator, a 65kW AC solar photovoltaic system, two EV Charging stations from ChargePoint a deep retrofit of the interior lighting and plug loads, high efficiency motor replacements and new variable frequency drives. When fully operational the combined energy efficiency improvements of the microgrid will save more than $4,000,000 over the 20+ year life of the project as well as 1,279,290 kWh annually, dramatically reducing the building’s overall carbon footprint. The near Net Zero Microgrid project will enable the building to remain fully operational in the event of an electricity grid failure as well as to participate in Demand Response programs. 

The funding for the $3.7 million near Net Zero Microgrid project was provided by Counterpointe Sustainable Real Estate, an affiliated company of Hannon Armstrong (NYSE: HASI), and a leader in Commercial Property Assessed Clean Energy (C-PACE) financing. The C-PACE loan term from Counterpointe Sustainable Real Estate is for twenty years and the first payment will be made via the special property tax assessment in September 2021. The project is also a beneficiary from a Maryland Energy Administration grant as well as federal Investment Tax Credits. OES will be providing approximately $600,000 of energy generation, storage and switchgear for this near Net Zero Microgrid project, which is to be the first of several near Net Zero Microgrid projects it will be supplying equipment to in the near future. Grid Energy and Masterplanning, LLC (“GEMM”), with whom OES has a strategic alliance, is the Construction Manager on the 7250 Parkway near Net Zero Microgrid project. With nearly 30 salespeople throughout the United States, GEMM anticipates construction managing more than $10 million of similar microgrid projects in 2021, and it will be using OES as its Equipment Purchasing Agent for this work. 

Brian Conway CEO of Ozop Energy Systems stated: “This is an exciting step in Ozop’s core strategy to be a leading equipment supplier to the distributed generation space. The 7250 Parkway near Net Zero Microgrid project uses state-of-the-art equipment and controls and as such is one of the ‘bleeding edge’ solutions that is providing sustainability to the built environment. We are proud to be part of a microgrid team that includes such leading companies as CounterpointeSRE/Hannon Armstrong, Eos Energy Storage and ChargePoint. Ozop looks forward to continued growth in its Equipment Distribution business and in particular rapidly expanding its product offerings to the dynamic microgrid sector.” 

 

For More on OZSF Subscribe Right Now!

OZSC is running up the charts with power since dipping below the $0.06 mark on Wednesday. OZSC is the major league penny stock unicorn that briefly saw its market valuation swell above the $1 billion mark after the stock skyrocketed from well under a penny to recent highs of $0.50 per share. OZSC was the subject of significant short attacks since then but with all that behind it now looks ready to make a run-on previous high. OZSC is trading like a winner; like a stock with limited paper in the float which comes after the Company reported it has repaid its legacy debt in full. OZSC now has the wind in its sails and is moving up rapidly.  There is a change in OZSC trading as large 4- and 5-digit buys are coming in with Thursday’s dollar volume hitting $18 million before noon. Currently under heavy accumulation OZSC is looking to blaze a path along the likes of Enzolytics or Tesoro and break out into a whole new dimension – Tesoro went to multi dollars – a break over $0.50 and its blue skies ahead. OZSC subsidiary PCTI is quickly becoming recognized on a global level with customers located throughout the world in Europe, Asia and the United States including the US Army, US Navy, US Air Force, US Marines, Eaton, Delphi, Ford, Caterpillar, General Dynamics, Mitsubishi, General Moters, and NASA. In March PCTI received an order from the US Navy for a 160KVA 400Hz Frequency Converter used for aircraft ground support to power the plane on the ground for a variety of purposes in lieu of using the engine and burning jet fuel. PCTI has been biding on and securing some enormous projects for the US Military.  The Company also currently has at least 5 projects in production and others in various states in the queue with over $6.9 million in solid pipeline project. Over on YouTube, Ozop is covered by several channels such as Sej Investing, SpacForce Network, Investing with Ozzy, Capital Consultant, and Justin Damron. Some channels like DUK Media are speculating that the company is working on a partnership with electric vehicle giant Tesla (TSLA). Ozop Energy Systems recently executed a 25-year lease on a property to build its first lithium-ion battery storage and power facility. The property is located in Brooklyn, New York bordering Marine Park. It is the first of Ozop Energy Systems 16 proposed facilities to be contracted with Con Edison, one of the largest investor-owned energy companies in the United States. New York will need more energy storage to meet its goal of reaching 70 percent renewable electricity by 2030 and a carbon-free electricity system by 2040. The state has set targets of 1,500 MW of storage by 2025 and 3,000 MW by 2030, and it has created a set of policies including incentives for storage developers and procurement requirements for its biggest utilities.  Last week PCTI inked a strategic alliance with U.S. energy systems firm Grid and Energy Masterplanning. Under the deal, the two companies will work on a $3.7 million near net-zero office retrofit project. Ozop Energy Systems has also secured a partnership with Chevrolet dealer Bical Auto Mall. In March PCTI received an order from the US Navy for a 160KVA 400Hz Frequency Converter used for aircraft ground support to power the plane on the ground for a variety of purposes in lieu of using the engine and burning jet fuel. Ozop Energy Systems (OES) has received its initial order for a microgrid generator system for a first-of-its-kind near Net Zero Microgrid building solution. These near Net Zero Microgrids provide the three key benefits driving the paradigm shift to distributed generation: cost savings, carbon reduction and resiliency. This is an exciting step in Ozop’s core strategy to be a leading equipment supplier to the distributed generation space. We will be updating on OZSC when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with OZSC.

Subscribe to Our 100% Free Penny Stock Newsletter. We Have Something Big Coming!

Disclosure: we hold no position in OZSC either long or short and we have not been compensated for this article

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Featured

MSP Recovery (NASDAQ: LIFW) in the Spotlight: Legal Battles, Luxe Living, and Stock Surge

Published

1 week ago

on

September 22, 2023

By

MSP Recovery (NASDAQ: LIFW) has been on quite the rollercoaster ride, defying gravity with over 400% gain since September 14th, 2023 with over 240% of that gain happening this week alone. However, the exact reasons behind this meteoric rise remain elusive. Typically, when a company drops major news, you’d expect an instant stock reaction. But in this case, the last significant update from the company was about a week ago, and it’s questionable whether that news was much on the positive side, yet the stock is still zooming upwards.

Background:

Let’s delve into the nitty-gritty of what MSP Recovery, more prominently known as LifeWallet, is all about. Imagine them as the healthcare financial detectives, diligently sifting through the complexities of medical billing and reimbursements. They specialize in recovering money owed to healthcare providers. If an insurance company owes a hospital for a patient’s treatment, these folks ensure that the hospital gets the rightful compensation. But their innovation doesn’t stop there.

Enter “LifeWallet,” their brainchild—a powerful tool designed to revolutionize healthcare transactions. Picture it as a savvy assistant for healthcare professionals, standing by their side in the hustle and bustle of medical care. LifeWallet’s magic lies in its ability to decipher the complexities of healthcare billing and insurance. It guides doctors and hospitals, helping them navigate the tangled web of who should foot the bill, especially in post-accident treatments. It’s a digital ally ensuring fair compensation and smooth financial transactions in the intricate healthcare landscape.

Subscribe to Microcapdaily.com Right Now by entering your Email in the box below. 

Subscribe to Our 100% Free Penny Stock Newsletter. We Have Something Big Coming!

MSP is making waves in the healthcare domain with this innovative approach, leveraging data analytics to streamline processes and champion fair compensation for healthcare providers. Much like a rollercoaster ride, their journey promises excitement, surprises, and an undeniable thrill in the world of healthcare finances.

Legal Battles and CEO Extravagnce:

Step back and look at their stock chart—MSP has taken a major hit in value this year, and it’s not without reason. Surprisingly, digging into the company’s operations revealed some unpleasant surprises we hadn’t anticipated. It’s been a rough ride for them.

The company was just recently involved in a class action law suit led by recognized leader in shareholder rights litigation, Robbins LLP. The case revolved around MSP not providing essential information to investors transparently.

There were a number of claims mentioned, here’s a quick list.

  1. MSP didn’t reveal there was an ongoing investigation by the SEC and federal prosecutors.
  2. They gave out financial information to investors that was significantly wrong and deceptive.
  3. When admitting they needed to fix their financial results, they didn’t reveal the full extent of the issues.
  4. MSP couldn’t financially handle the claims they were assigned to manage by a major health and engaged in deceitful actions with said provider
  5. The Registration Statement had lots of wrong or misleading statements and was poorly prepared.
  6. Their Proxy also had false or misleading statements.

It all started on July 31, 2023, where The Miami Herald unveiled significant revelations. Stating the CEO John H. Ruiz has been living quite the lifestyle buying several waterfront mansions in Miami, even an entire Boeing passenger jet.

It’s not surprising the Ruiz’s lifestyle was so extravagant considering LifeWallet was once valued at more than $32 billion, but as you can see the company is now worth a small fraction of that. That said, Ruiz’s expensive lifestyle would be tough to continue.

Then again, on August 1, 2023, the Company made disclosures to the SEC (Form 8-K), confirming The Miami Herald’s findings. The stock took another substantial hit, dropping over 12%. Adding to the unfolding drama. After that, a substantial $67 million lawsuit was filed against the Company on the same day, resulting in an 18% plummet in the stock price.

The narrative continues on! On August 17, 2023, MSP acknowledged a notification letter from Nasdaq’s Listing Qualifications Department. They confirmed the Company’s non-compliance with Nasdaq’s Rule 5250(c)(1) due to a delayed Form 10-Q filing for the period ending June 30, 2023. This revelation caused a 19% stock price drop over two days.

With that said, we’ll bet you’re seriously wondering how could this company could possibly see recovery (pun intended) after all these allegations were laid out.

What happened:

Surprisingly enough, it seems Robbins LLP just recently lost the case against MSP and there was an announcement made on September 13th, 2023 about it. All those allegations have vanished into thin air. It’s baffling how a company with so many strikes against it can seemingly wrap things up so quickly. The whole situation leaves us questioning what’s really going on.

Since the announcement the other week, the company’s valuation has skyrocketed, at some points even peaking at an increase of over 400%. Naturally with that kind of trading action, it’s no surprise day traders are getting in on the action. MSP is trending all over Twitter amongst notable users like @timothysykes, @stockplaymaker1, and @AngryRed316 talking about it.

At this point, it looks like investors are basing their trades more on chart patterns and less on the company’s solid financial footing. MSP didn’t deliver great news in its latest earnings report, showing quite a large net loss of over $400 million. It’s quite likely the allegations had a role to play in this financial blow. The real question is if MSP can get its act together, start making real profits, and avoid a chapter 11. Either way, we’ll continue to follow along to see how things pan out!

We will update you on LIFW when more details emerge, subscribe to Microcapdaily to follow along!

Subscribe to Our 100% Free Penny Stock Newsletter. We Have Something Big Coming!

Disclosure: We have not been compensated for this article/video. MicroCap Daily is not an investment advisor; this article/video does not provide investment advice. Always do your research, make your own investment decisions, or consult with your nearest financial advisor. This article/video is not a solicitation or recommendation to buy, sell, or hold securities. This article/video is our opinion, is meant for informational and educational purposes only, and does not provide investment advice. Past performance is not indicative of future performance.

Picture geralt by from Pixabay.com

 

Continue Reading

Featured

VCI Global (NASDAQ: VCIG) Joins Forces with Microsoft Azure OpenAI: A Tech Revolution Unleashed

Published

1 month ago

on

August 23, 2023

By

VCI Global (NASDAQ: VCIG) is back on the radar with another significant gain of 84%. We wrote about this company just recently in June, where it popped 156% on the announcement of their “Socializer Messenger”. The company is now teaming up with Microsoft Azure OpenAI through its subsidiary, V Galactech Sdn Bhd. This partnership brings together their AI know-how to reshape the world of business solutions, making waves in the tech scene by using Microsoft Azure OpenAI services.

This collaboration is all about meeting the growing demand for tech advancements that are fast, smooth, and globally connected, helping businesses connect better with their customers. It’s also a boost to VCI Global’s AI consulting skills.

Subscribe to Microcapdaily.com Right Now by entering your Email in the box below. 

Subscribe to Our 100% Free Penny Stock Newsletter. We Have Something Big Coming!

By tapping into what Microsoft Azure OpenAI offers, VCI Global is jumping into the tech world’s fast lane. They plan to come up with some cool innovations, like Generative Pre-trained Transformer 4 (GPT-4) and Microsoft’s new AI-powered chat tool, Bing Chat Enterprise. Plus, they’ll use Microsoft Azure OpenAI’s cutting-edge AI for their projects, including the super-smart AI-assisted sales platform, robosale software.

https://twitter.com/ShortDaPos/status/1694403174566858783?s=20

Dato’ Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global, is very excited about this partnership. He mentions, “We’re thrilled to dive deep into AI innovations, especially with Microsoft Azure OpenAI. We can’t wait to see how this partnership transforms how businesses connect with customers in the ever-changing tech world. The sky’s the limit, and we’re ready to help our clients ride this AI wave.”

About VCI Global Limited:

VCI Global is a versatile consulting group that’s all about helping businesses with their tech and strategy. They give advice on business strategies, help with investor relations, and provide tech know-how. They mainly work in Malaysia, but they also serve clients in Malaysia, China, Singapore, and the United States, covering a bunch of different industries.

If you want to know more about them, just head to https://v-capital.co/.

About Microsoft Azure Open AI:

Microsoft Azure OpenAI is like a treasure chest of artificial intelligence tools and solutions made to help businesses. They offer everything from AI Services to Machine Learning and AI infrastructure, all aimed at helping businesses make the most of AI for their growth and innovation.

We will update you on VCIG when more details emerge, subscribe to Microcapdaily to follow along!

Subscribe to Our 100% Free Penny Stock Newsletter. We Have Something Big Coming!

Disclosure: We have not been compensated for this article/video. MicroCap Daily is not an investment advisor; this article/video does not provide investment advice. Always do your research, make your own investment decisions, or consult with your nearest financial advisor. This article/video is not a solicitation or recommendation to buy, sell, or hold securities. This article/video is our opinion, is meant for informational and educational purposes only, and does not provide investment advice. Past performance is not indicative of future performance.

Picture by Mohamed_hassan from Pixabay

Continue Reading

Featured

Mobilicom (NASDAQ: MOB) Secures Landmark Deal with Top Global Manufacturer

Published

3 months ago

on

July 10, 2023

By

Mobilicom (NASDAQ: MOB), a company providing cybersecurity and reliable solutions for drones and robotics secures its largest order to date from Teledyne Technologies Incorporated (NYSE: TDY) – shares rocket 123%. $TDY is one of the world’s largest manufacturers of small-sized drones and robotics.

Overview:
This $19B Tier-1 customer has now incorporated Mobilicom’s SkyHopper PRO into its latest small-sized drone platform. This is yet another testament to Mobilicom’s systems as they have already successfully integrated into 44 design wins by various drone and UAV manufacturers.

Subscribe to Microcapdaily.com Right Now by entering your Email in the box below. 

Subscribe to Our 100% Free Penny Stock Newsletter. We Have Something Big Coming!

More importantly, Teledyne has made significant progress in transitioning from the design phase to production and commercial sales with the U.S. Department of Defense. The company’s latest purchase order appears to reflect only the beginning of potentially multiple recurring orders as they prepare for their first-ever production order for the U.S. DOD.

“As Teledyne-FLIR continues to win additional orders for its small-sized drone platforms with end users such as the U.S. DOD, other federal agencies, and commercial customers, Mobilicom is well positioned for more sales of its Skyhopper Pro,” stated Mobilicom CEO Oren Elkayam. “We see the sales of these systems to the U.S. DOD, one of the largest and most selective procurers of technology, as a strong testament to the excellence of Mobilicom’s market-leading end-to-end solutions.”

 

About SkyHopper PRO:
The SkyHopper PRO is a communication system for drones that ensures secure data transfer. It offers a number of advantages and customization compared to competitors, here’s a quick overview:

Cybersecurity: Prioritizes cybersecurity, ensuring the secure transfer of data between the drone and the ground control station. This feature helps protect sensitive information and prevents unauthorized access or interference.

Reliability: The system is designed to provide robust and reliable communication even in challenging environments. It supports long-range and non-line-of-sight communication, enabling seamless connectivity between the drone and the ground station, even when obstacles are present.

Versatility: Supports multiple transmission modes, including point-to-point and point-to-multipoint communication. This versatility enables various communication setups, such as multi-drone operations and communication to multiple receivers, enhancing flexibility in drone missions.

Industry Integration: Systems have been integrated into numerous design wins by drone and UAV manufacturers indicating their compatibility and suitability for a wide range of platforms. The proven track record of integration demonstrates the system’s adaptability and reliability.

End-to-End Solution: End-to-end solutions for cybersecurity and robust communication. This comprehensive approach ensures seamless integration, streamlined operations, and enhanced overall performance for drone missions.

About Mobilicom:
Mobilicom is a leading provider of end-to-end cybersecurity and robust solutions for drones and robotics. They focus on serving global manufacturers in these industries, offering patented Mobile Mesh networking technology and a proven portfolio of commercialized products. With a growing high-profile global customer base, including corporations, governments, and the military, Mobilicom stands out for its outstanding security capabilities and performance in harsh environments. They derive revenue from hardware and software sales, licensing fees, and professional support services.

About Teledyne Technologies (NYSE: TDY):
Teledyne Technologies is a global leader known for its innovative solutions in aerospace and defense, environmental sensing, and digital imaging. The company’s success stems from a strong emphasis on research and development, enabling them to introduce cutting-edge technologies and meet customer needs effectively. With a focus on quality and customer satisfaction, Teledyne Technologies has earned a solid reputation in the industry. Strategic acquisitions have further strengthened their capabilities, expanding their product offerings and market reach. Through adaptability and a commitment to delivering value, Teledyne Technologies has established itself as a prominent player in various verticals in multiple industries, ultimately paving the way for the company’s current $19B stature in the market.

We will update you on MOB when more details emerge, subscribe to Microcapdaily to follow along!

Subscribe to Our 100% Free Penny Stock Newsletter. We Have Something Big Coming!

Disclosure: We have not been compensated for this article/video. MicroCap Daily is not an investment advisor; this article/video does not provide investment advice. Always do your research, make your own investment decisions, or consult with your nearest financial advisor. This article/video is not a solicitation or recommendation to buy, sell, or hold securities. This article/video is our opinion, is meant for informational and educational purposes only, and does not provide investment advice. Past performance is not indicative of future performance.

Picture by Pexels from Pixabay

 

Continue Reading

Trending

© All rights reserved.

Sign up now for our 100% FREE Penny Stock Newsletter

Privacy Policy. we will never share your email with anyone.