Defsec Technologies Inc

DEFSEC Technologies announced the closing of a private placement in which 1,951,219 common shares were issued at C$2.84 per share, together with pre-funded warrants and accompanying warrants. Each purchase warrant entitles the holder to acquire one share within 60 months at C$3.30; pre-funded warrants are exercisable at C$0.001. H.C. Wainwright & Co. acted as exclusive placement agent; DEFSEC raised approximately C$5.54 million gross before fees and paid a cash commission of 7.5% plus agent warrants (7.5% of the units sold) with an exercise price of C$3.55. The proceeds are intended for business and market development, protection/registration of intellectual property and general working capital; the securities were not registered in the United States under an exemption, but DEFSEC has agreed to a subsequent registration for resale. » More on de.investing.com

DEFSEC unveiled the Battlespace Laser Identification Sensor System (BLISS), a laser threat detection system designed for soldiers, vehicles and fixed infrastructure. The system expands the existing Battlefield Laser Detection System, detects laser threats, identifies sources and provides networked situational awareness; a provisional patent application has been filed for the technology. Initial prototype units are scheduled for delivery to the U.S. Army next month as part of a program, and accompanying software applications and integration plugins are in development. The stock last traded at 1.91 USD; the company is small-cap and remains unprofitable. » More on de.investing.com

DEFSEC Technologies reported figures for the quarter ended Sept. 30, 2025: earnings per share were -2.70 CAD (prior year -27.090 CAD), and revenue rose 144.64% to 1.4 million CAD (prior year 0.6 million CAD). For the full year, EPS fell to -15.780 CAD (prior year -188.790 CAD), while annual revenue increased 229.33% to 4.94 million CAD (prior year 1.50 million CAD). » More on finanzen.net