financetom
Business
financetom
/
Business
/
KWESST Micro Systems (KWE) Stock Extends Rally On Defense Contract Win
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
KWESST Micro Systems (KWE) Stock Extends Rally On Defense Contract Win
Jun 20, 2025 8:20 AM

Shares of KWESST Micro Systems Inc ( KWE ) climbed 11.5% higher to $12.50 Friday morning before pulling back, continuing volatility after surging more than 100% on Wednesday.

What To Know: The rally follows the company's announcement that it secured its first order for its next-generation Battlefield Laser Detection System from a defense systems integrator supporting a major North American armored vehicle program.

The market this week appears to be view the contract as validation of KWESST's technology. CEO Sean Homuth emphasized the BLDS as a cost-effective, flexible solution designed to protect both soldiers and vehicles from laser-guided threats. "Lasers are now a silent, invisible threat… BLDS gives them back those seconds so they have a fighting chance," Homuth said.

The BLDS is engineered to detect and counter laser target designators and range finders, offering enhanced survivability on modern battlefields. KWESST noted that initial prototypes are ready for delivery, with full performance testing to follow. A fully-networked version is expected by fall 2025.

Read Also: Marvell Technology: Stock Levels Look Right, Here’s What To Watch

How To Buy KWE Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in KWESST Micro Systems’ case, it is in the Industrials sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

Image: Shutterstock

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Update: Arizona Metals Drops 29% as It Releases 2025 Mineral Resource Estimate for Kay Mine Project
Update: Arizona Metals Drops 29% as It Releases 2025 Mineral Resource Estimate for Kay Mine Project
Jun 30, 2025
11:45 AM EDT, 06/30/2025 (MT Newswires) -- (Updates shares.) Arizona Metals ( AZMCF ) traded sharply lower after the company on Monday released an initial mineral resource estimate for the Kay Mine project in Arizona. The underground MRE includes 9.28 million tonnes grading 1.38 grams per tonne gold, 27.6 g/t silver, 0.97% copper, 0.33% lead and 2.39% zinc in the...
Laramide Resources Announces $10-Million Private Placement of Shares
Laramide Resources Announces $10-Million Private Placement of Shares
Jun 30, 2025
11:47 AM EDT, 06/30/2025 (MT Newswires) -- Laramide Resources ( LMRXF ) on Monday said it plans to raise $10 million through a non-brokered private placement. The company said it will place up to 16.66-million shares at $0.60 each. Boss Energy, a 19.9% shareholder, has committed to take its pro-rata share of the placement. Proceeds will be used to advance...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
HPE Just Dodged A DOJ Roadblock, Now It's All-In On Juniper And AI
HPE Just Dodged A DOJ Roadblock, Now It's All-In On Juniper And AI
Jun 30, 2025
Hewlett Packard Enterprise Co ( HPE ) has reached a settlement with the Department of Justice around the acquisition of Juniper Networks Inc ( JNPR ) and is likely to focus on getting the deal done as quickly as possible, according to BofA Securities. The Hewlett Packard Enterprise ( HPE ) Analyst: Analyst Wamsi Mohan maintained a Buy rating, while...
Copyright 2023-2026 - www.financetom.com All Rights Reserved