Mobilicom Limited shares are trading higher after the company announced it received a purchase order for its end-to-end product solution that will be installed into autonomous and remote-controlled electric vehicles for homeland security and defense.
Portfolio Pulse from Benzinga Newsdesk
Mobilicom Limited announced receiving a purchase order for its end-to-end product solution to be installed in autonomous and remote-controlled electric vehicles for homeland security and defense, leading to higher share prices.
May 22, 2023 | 4:34 pm
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Mobilicom's shares are trading higher after announcing a purchase order for its product solution to be installed in autonomous electric vehicles for homeland security and defense.
The news of Mobilicom receiving a purchase order for its end-to-end product solution directly impacts the company's revenue and growth prospects. This positive development is likely to increase investor confidence and drive the share price higher in the short term.
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