Mobilicom Posts $19.1M Cash, 7% Revenue Growth and $249M DoW Award
Mobilicom’s cash surged 120% to $19.1 million after $12.6M in warrant exercises, while 2025 revenues climbed 7% to $3.4M and monthly cash burn dropped 41% to $159K. A Tier-1 defense client’s $249 million DoW Program of Record award underpins five years of projected production orders and global design wins.
1. 2025 Financial Results
Mobilicom reported 2025 revenues of $3.4 million, up 7% year-over-year, reduced monthly operating cash burn by 41% to $159,000—its lowest level ever—boosted cash and equivalents 120% to $19.1 million through $12.6 million in warrant exercises and equity raises, and finished the year debt-free.
2. DoW Program of Record Award
A Tier-1 defense customer secured a U.S. Department of War Program of Record valued at $249 million, marking a formal Future Years Defense Program commitment and positioning Mobilicom’s SkyHopper PRO and ICE Cybersecurity Suite for production-scale orders over the next five years.
3. Product and Technology Launches
Mobilicom introduced its Secured Autonomy™ cybersecurity framework and the AI-powered Secured Autonomy compute system in partnership with Aitech, and expanded the SkyHopper portfolio with the MultiBand SDR datalink to enhance spectrum coverage, operational range and electronic warfare resilience.
4. Global Design Wins and Corporate Developments
The company secured new design wins across Europe, the Middle East and South Asia, received follow-on orders from U.S. and Asia-based Tier-1 customers, and completed a transition from American Depositary Shares to a direct listing of ordinary shares on Nasdaq to simplify its capital structure.