UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE
ISSUER
PURSUANT TO RULE 13A-16
OR 15D-16
OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of June
2023
MOBILICOM LIMITED
Commission File Number 001-41427
(Translation of registrant’s name into
English)
1 Rakefet Street
Shoham, Israel 6083705
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
CONTENTS
Attached
hereto and incorporated herein is the Registrant’s press release issued on June 29, 2023, titled “Mobilicom Launches Cybersecure
SDR Product with High Size-to-Performance Ratio, Expanding its Market into Mid-Sized Drones”.
EXHIBIT INDEX
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
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MOBILICOM LIMITED |
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Date: June 29, 2023 |
By: |
/s/ Oren Elkayam |
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Name: |
Oren Elkayam |
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Title: |
Chairman |
3
Exhibit 99.1
Mobilicom Launches Cybersecure SDR Product with High
Size-to-Performance Ratio, Expanding its Market into Mid-Sized Drones
| ● | Mobilicom’s MCU-70 expands communications range to 100 miles
with improved link performance, more power, better resilience & durability |
| | |
| ● | Significantly expands Mobilicom’s addressable market to mid-sized, long-range drones, a $6.8
B market, providing its Tier 1 customers a one-stop-shop for end-to-end solutions in military and commercial applications |
| | |
| ● | Equipped for ICE Cybersecurity software to provide essential protection
against increasing cyberattacks as evidenced in the Ukraine conflict where 10,000 drones a month are lost to Russian electronic-warfare
systems |
Shoham, Israel, June 29, 2023 (GLOBE NEWSWIRE) -- Mobilicom
Limited (Mobilicom or the Company, NASDAQ: MOB, MOBBW ; ASX: MOB), a provider of cybersecurity and robust solutions
for drones and robotics, today announced the launch of its latest product, the MCU-70, the latest in its MESH (device-to-device) Networking
Cybersecure Software Defined Radio (SDR) Series delivering high-performance wireless communications. With its relatively small size and
lightweight design, MCU-70 delivers superior performance for mid-sized and long-range unmanned aerial vehicles (UAVs) where form-factor-to-capability
performance is critical. Designed for durability in rugged outdoor environments, MCU-70’s communications range of up to 100 miles/150km
equips drones with the communications needed for new missions and applications, expanding Mobilicom’s addressable markets for both
commercial and military applications.
MCU MESH NETWORKING
MCU-70 Air Data Terminal
Commercial uses include beyond line of sight (BVLOS)
long-range inspections including electric utility transmission lines, oil and gas pipelines, and railways, as well as long-range delivery
functions.
Military applications include UAVs and vertical
takeoff and landing (VTOL) for intelligence, surveillance, reconnaissance missions, and loitering (also known as suicide or kamikaze drones)
as well as border and sea patrol.
Mobilicom’s latest MCU product improves
communications link performance of mobile mesh (device-to-device) and wireless mobile IP communications for high-definition video and
data which expands coverage distance while fortifying stability, resilience, and durability. MCU-70 is U.S. National Defense Authorization
Act (NDAA) compliant.
MCU-70, just like Mobilicom’s entire MESH
Networking suite and its SkyHopper Datalinks, is a cybersecure SDR that comes installed with the base level of the Company’s industry-leading
security software. Additionally, Mobilicom’s ICE Cybersecurity suite can be layered on the networked hardware and software systems
for a comprehensive and holistic protection strategy. The MCU product family has a well-established track record of success, field proven
with many of Mobilicom’s Tier-1 global customers under a wide range of deployments on various products and platforms.
“Our latest secure communications product,
MCU-70, opens up new markets for Mobilicom while delivering an even stronger value proposition to our Tier-1 manufacturing customers that
can integrate our end-to-end solutions for their small and mid-sized long-range drones. As the industry evolves, the long-range drone
segment is set to grow to $38 billion over the next decade and we are well positioned to provide the critical systems that drive high-performance
drones for both commercial and military applications, “said Mobilicom CEO Oren Elkayam.
About Mobilicom
Mobilicom is an end-to-end provider of cybersecurity
and robust solutions for drones and robotics focussing primarily on targeting global drone, robotics and autonomous system manufacturers.
The Company holds patented technology & unique
know-how for Mobile Mesh networking. It has a large, field proven portfolio of commercialised products used in a variety of applications.
Mobilicom is growing a global customer base with
sales to high profile customers including corporates, governments and military. Mobilicom’s competitive advantages include outstanding
security capabilities and performance in harsh environmental conditions.
Mobilicom’s large solution portfolio is
being deployed worldwide, and the Company derives revenue from hardware, software sales & licensing fees and professional support
services.
For investors, please use https://ir.mobilicom.com/
For company, please use www.mobilicom.com
Forward Looking Statements
This press release contains “forward-looking
statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained
in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by
the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,”
“expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,”
“predict,” “project,” “target,” “aim,” “should,” “will” “would,”
or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking
statements are based on Mobilicom Limited’s current expectations and are subject to inherent uncertainties, risks and assumptions
that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove
to be accurate. These and other risks and uncertainties are described more fully in the Company’s filings with the Securities and
Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Mobilicom Limited undertakes
no duty to update such information except as required under applicable law.
For more information on Mobilicom, please contact:
Liad Gelfer
Mobilicom Ltd
liad.gelfer@mobilicom.com
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