MOBBW · Mobilicom Limited

Summary

Mobilicom Limited terminated its at-the-market (ATM) sales agreement entered into in February 2025, citing a strengthened financial position with $19 million in cash and low monthly burn rate following favorable results for the year ended December 31, 2025. This enables focus on organic growth driven by U.S. Tier-1 drone customer’s U.S. Department of Defense Program of Record production ramp-up.

Key takeaways

• Terminated ATM sales agreement originally entered February 2025
• Reported $19 million in cash
• Low monthly burn rate
• Favorable financial results for year ended December 31, 2025
• Production ramp-up for U.S. Tier-1 drone customer’s U.S. Department of Defense Program of Record
• Confident in organic growth without ATM facility