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DEFSEC Technologies announces public offering of CAD 6.8 million

DEFSEC Technologies has announced the terms of a public offering expected to raise gross proceeds of approximately CAD 6.8 million. The company plans to use the net proceeds for working capital and general corporate purposes. Additionally, a name change from KWESST Micro Systems Inc. to DEFSEC Technologies Inc. is planned, while the company continues to secure new contracts in the defense sector. » More on de.investing.com
KWESST changes name to DEFSEC Technologies and announces strategic initiatives

KWESST Micro Systems Inc. is changing its name to DEFSEC Technologies Inc. and its ticker symbol to DFSC to emphasize its focus on defense and security markets. The company reports strong revenue growth, new orders for laser detection systems, a share consolidation to meet NASDAQ requirements, and a strategic partnership with Nordon Inc. to expand US manufacturing. These measures highlight the company's growth strategy and regulatory alignment. » More on de.investing.com

Financials

In the last quarter, KWESST Micro Systems Aktie had revenue of €883.89K and net profit of -€1.44M

(EUR)	Jun 2025	YoY
Revenue	883.89K	-
Gross profit	249.1K	-
Net profit	-1.44M	-
EBITDA	-1.2M	-

Fundamentals

Metric	Value
Market capitalization	€5.19M
Number of shares	554.42K
52-week high/low	€100.98 - €3.33
Dividends	No
Beta	0.57
P/E ratio	-1.51
PEG ratio	0.01
P/B ratio	2.03
P/S ratio	2.94

Company profile

KWESST Micro Systems Inc. entwickelt und vertreibt taktische Systeme und Munition für das Militär, öffentliche Sicherheitsbehörden und den persönlichen Verteidigungsbereich. Das Unternehmen bietet nicht-tödliche Produkte an, darunter PARA OPS-Geräte und ARWEN-Produkte. Das Unternehmen wurde im Jahr 2017 gegründet und hat seinen Hauptsitz in Ottawa, Kanada.

Name	KWESST Micro Systems Aktie
CEO	Sean Homuth CPA, CA, CPA
Headquarters	Ottawa, Canada
Website	kwesst.com
Industry	Health Care Technology
IPO	01/08/2021
Employees	29