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Press release content from Globe Newswire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Globe Newswire
Press release content from Globe Newswire. The AP news staff was not involved in its creation.

Emerging Markets Report: In the Words of a Poet

September 29, 2021 GMT

An Emerging Markets Sponsored Commentary

ORLANDO, Fla., Sept. 29, 2021 (GLOBE NEWSWIRE) -- Former American Poet Laureate, the late great Maya Angelou famously once said, “when someone shows you who they are, believe them…”

The phrase is often used in assessments of character or quality. Today, we’ll argue that it can be applied to a public company’s written declaration of its state of affairs and direction and the observable evidence of the execution of a unique business model with elite partners.

Hear us out.

A short while ago, KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) released a corporate update that is an insightful read for those interested in an innovative company which develops and commercializes breakthrough next-generation tactical systems that meet the requirements of security forces and personal defense for overmatch capability against adversaries.

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In a nutshell, KWESST creates state-of-the-art systems to make troops safer and more effective in combat. It is also bringing to market a breakthrough cartridge based non-lethal firing device for personal defense and law enforcement.

This update is a valuable read for anyone interested in KWESST or companies in this arena. In decades of publishing about an array of public companies we have never seen one with the technology that KWESST has under its roof.

Kindly allow us to provide a few bullets from the offering:

The Company is making quiet but steady progress on its business plan.

KWESST reported its pipeline of sales opportunities for ATAK integration services stands at more than $40M and growing. 

The Company also announced that it has qualified for up to $1.5M in non-dilutive funding to advance its counter-UAS technology, its Phantom™ electronic decoy and its Tactical Awareness and Situational Control System (TASCS) Indirect Fire Module (IFM) system currently under contract with a key U.S. military customer.

KWESST reported that it is seeing accelerated interest in its Phantom™ electronic decoy following a successful demonstration to U.S. Special Operations Command (USSOCOM) in June.

Similarly, the Company is also working with DoD and another NATO country on upgraded capability for the GreyGhost® counter-drone system to deal with next-generation drone threats and has commenced engagement with major defense contractors on potential partnerships.

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And those are just a few bullets, excerpts from the update. We are impressed by their technology and how far they’ve gone in creating elite relationships with world leading organizations.

We are eager to follow KWESST as it continues to execute key components of its business plan, mindful of Angelou’s remarks, appreciative of a company showing us who they are and eager to believe the unique accomplishments displayed in front of all of us.

About The Emerging Markets Report:

The Emerging Markets Report is owned and operated by Emerging Markets Consulting (EMC), a syndicate of investor relations consultants representing years of experience. Our network consists of stockbrokers, investment bankers, fund managers, and institutions that actively seek opportunities in the micro and small-cap equity markets.

For more informative reports such as this, please sign up at http://www.emergingmarketsllc.com/newsletter.php

Must Read OTC Markets/SEC policy on stock promotion and investor protection

Section 17(b) of the Securities Act of 1933 requires that any person that uses the mails to publish, give publicity to, or circulate any publication or communication that describes a security in return for consideration received or to be received directly or indirectly from an issuer, underwriter, or dealer, must fully disclose the type of consideration (i.e. cash, free trading stock, restricted stock, stock options, stock warrants) and the specific amount of the consideration. In connection therewith, EMC has received the following compensation and/or has an agreement to receive in the future certain compensation, as described below.

We may purchase Securities of the Profiled Company prior to their securities becoming publicly traded, which we may later sell publicly before, during or after our dissemination of the Information, and make profits therefrom. EMC does not verify or endorse any medical claims for any of its client companies.

EMC has been paid $550,000 by KWESST Micro Systems, Inc. for various marketing services including this report. EMC does not independently verify any of the content linked-to from this editorial. http://emergingmarketsllc.com/disclaimer.php

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