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Latest Articles
XTEK secures $6.9m worth of armour orders amidst rising global tensions
Major conflicts in Israel and the Ukraine are tearing nations apart but for ballistics defence company XTEK (ASX: XTE), someone needs to offer protection to the people involved and if that means lacing them up in high-end ballistic body armour products, they’re happy to do it. Some might call it a coincidence but since Russia’s
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Aus Department of Defence signs $27 million order for AeroVironment drones from XTEK
How can governments minimise casualties during the war? One solution is to send fewer people. That’s what tech, like drones, enables without compromising safety—which is probably why many countries are jumping on the bandwagon to secure some advanced drones. Just one day after it delivered an over three-million-dollar US government order, defence industry company XTEK
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XTEK receives $9.5 million order for body armour in the US
As discussions around gun violence in the United States continue, counter-market forces concurrently perforate through to the consumer market with defence products manufacturer XTEK receiving a $9.5 million order for body armour through their US-based armour division. The purchase order comes from a customer that has elected to remain unnamed but will receive their $9.5m
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Silver linings of conflict, defence companies gain momentum
I’m not sure about you, but I’m getting a bit sick of living in a VERY interesting part of next century’s history textbooks. In recent weeks our newsfeeds have been swamped with horrifying images of the war in Ukraine which seems to be touching everyone in some way. Whilst the outpouring of support for those
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XTEK extends Defence Force relationship with another $2.8m in dronetech orders
Security tech company XTEK (ASX: XTE) has continued its strong association with the Australian Defence Force with the ADF placing an order for additional unmanned aerial systems worth approximately $2.8 million. The order will increase the ADF’s existing fleet of AeroVironment WASP AE Small Unmanned Aerial Systems (SUAS) with XTEK having already delivered 50 to
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