viewXTEK Ltd

XTEK wins first international order for XTatlas software technology

XTatlas provides digital real time intelligence from UAS (Unmanned Aerial System) video.

a drone
This international order follows the recent sale to the Australian Defence Force

XTEK Ltd (ASX:XTE) has received the first international purchase order for its proprietary XTatlas software technology.

The purchase order follows extensive assessment in challenging conditions.

XTEK managing director Philippe Odouard said: “The first international order for XTatlas represents a significant milestone for XTEK and validates the growing interest for our market leading software technology.

READ: XTEK expects at least $11.6 million of revenues this half-year

“We remain focused on commercialising XTatlas and will continue to progress discussions with key parties both domestically and globally, as the operational capability and functionalities of XTatlas gain more interest within the industry.”

XTatlas’ ability to provide digital real time intelligence from UAS (Unmanned Aerial System) video, including mapping, 3D modelling and image comparisons to accurately pinpoint geo-referenced features, were instrumental in the purchase decision.

This international order follows the recent domestic sales of XTatlas to the Australian Defence Force last year and expands XTEK’s global market share.

READ: XTEK selected as exclusive reseller for Heckler & Koch weapon systems in Australia

In May 2019, XTEK plans to complete a demonstration of XTatlas at the Special Operations Forces Industry Conference (SOFIC) in Florida, US.

This provides an opportunity for the software functionalities to be showcased to various UAS manufacturers, including AeroVironment.

It also underpins XTEK’s strategy to focus on commercialising the technology in valuable global markets.

In addition, XTEK has received expression of interest from potential clients who are considering the broader use of XTatlas in other areas, such as firefighting.

Quick facts: XTEK Ltd

Price: 0.865 AUD

Market: ASX
Market Cap: $44.93 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of XTEK Ltd named herein, including the promotion by the Company of XTEK Ltd in any Content on the Site, the Company receives from said issuer...



XTEK Ltd secures significant first international commercial order for its...

  XTEK Ltd's (ASX:XTE) Philippe Odouard tells Proactive's Andrew Scott winning their first international commercial order for its lightweight XTclave™ manufactured ballistic plates is a key milestone for the firm. The order from CPE Production Oy for use by the Finnish Defence Forces...

on 7/5/20

2 min read