Mobilicom shares are trading higher after the company announced it received a commercial scale purchase order from Teledyne-FLIR for the production of drones for the U.S. Department of Defense.
Portfolio Pulse from Benzinga Newsdesk
Mobilicom has received a commercial scale purchase order from Teledyne-FLIR for the production of drones for the U.S. Department of Defense. This has led to a rise in Mobilicom's share prices.
July 10, 2023 | 2:37 pm
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Mobilicom's stock is trading higher after receiving a large-scale order from Teledyne-FLIR for drone production.
The news of Mobilicom receiving a large-scale order from Teledyne-FLIR for drone production for the U.S. Department of Defense is a positive development for the company. This could lead to increased revenues and profitability, which is likely to have a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100