logo-loader
Mobilicom Ltd

Mobilicom focusing on profitability and market share as R&D has delivered products

Mobilicom Ltd (ASX:MOB) co-founder & CEO Oren Elkayam speaks to Proactive Investors about the company's two business lines; the Mobilicom telecommunications arm, and the growing SkyHopper drone and robotics hardware branch.

"We are serving two markets: we are serving the government enterprise sector first for mission critical [telecommunications] applications, as well as a new entry to the commercial space where we serve the drones and robotics [industries]," explains Elkayam.

He continues, "it's going to be a $100 billion industry very soon, within a decade, it's going to grow 30% year over year. We are concentrating on the commercial and industrial sector because that is the Holy Grail for robotics and drones... we are going to [take] the leading role in this revolution by the fact that we're going to contribute the key components for drone manufacturers and service providers."

Quick facts: Mobilicom Ltd

Price: $0.08

Market: ASX
Market Cap: $21.15 m
Follow

Add related topics to MyProactive

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

NO INVESTMENT ADVICE

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 Mobilicom Ltd named herein, including the promotion by the Company of Mobilicom Ltd in any Content on the Site, the Company receives from said...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Mobilicom makes strong progress with high-tech communications solutions

Mobilicom Limited (ASX:MOB) chief executive officer and co-founder Oren Elkayam updates Proactive Investors on the company's strong progress in making impossible mission-critical communications possible. The company, which designs, develops and delivers holistic communication solutions...

1 week, 1 day ago

2 min read