Mobilicom focusing on profitability and market share as R&D has delivered products
Mobilicom Ltd (ASX:MOB) co-founder & CEO Oren Elkayam speaks to Proactive Investors about the company’s two business lines; the Mobilicom telecommunications arm, and the growing SkyHopper drone and robotics hardware branch.
“We are serving two markets: we are serving the government enterprise sector first for mission critical [telecommunications] applications, as well as a new entry to the commercial space where we serve the drones and robotics [industries],” explains Elkayam.
He continues, “it’s going to be a $100 billion industry very soon, within a decade, it’s going to grow 30% year over year. We are concentrating on the commercial and industrial sector because that is the Holy Grail for robotics and drones… we are going to [take] the leading role in this revolution by the fact that we’re going to contribute the key components for drone manufacturers and service providers.”
Story by ProactiveInvestors
Source: http://www.proactiveinvestors.com/companies/stocktube/10086/mobilicom-focusing-on-profitability-and-market-share-as-rd-has-delivered-products-10086.html
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