DFSC

Fiscal 2026 Results and Achievement of Significant Product Milestones Revenue on Government programs up 81% from Q2 Fiscal 2025, with total revenue up 68% over the period; Gross margin % up 19% over Fiscal 2025; Defense program billings on an annualized go-forward basis reach approximately $9.41 million; Commercial launch of ARWENﾮ 40mm baton ammunition; First shipment of PARA SHOTTM system to Public Safety customer; and Strong cash and AR position of +$5 million. OTTAWA, ON, May 13, 2026 /CNW/ - DEFSEC Technologies Inc. (TSXV: DFSC) and (TSXV: DFSC.WT.U); (NASDAQ: DFSC) and (NASDAQ: DFSCW) ("DEFSEC" or the "Company") is pleased to announce the highlights of its Fiscal 2026 second quarter ("Q2 Fiscal 2026") results. This announcement is a summary only and should be read in conjunction with DEFSEC's unaudited condensed consolidated interim financial statements for the three and six months ended March 31, 2026 and 2025 and related management's discussion and analysis for the three and six months ended March 31, 2026, all of which have been filed on SEDAR+ and EDGAR. All figures are stated in Canadian Dollars unless otherwise noted. Growth in defence software business In the second quarter of Fiscal 2026 revenue from subcontract task orders increased 81% as compared to the second quarter of Fiscal 2025. This revenue relates to the Company's software services for the Canadian Department of National Defence under two foundational long-term program subcontracts: (i) Directorate Land Command Systems Program Management Software Engineering Facility ("DSEF"); and (ii) Land Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance ("Land C4ISR") program, for the digital modernisation of the Canadian Forces. While these programs are "as and when requested" task-based contracts with no minimum guaranteed values, the Company's workshare for these multi-year contracts, excluding renewal options, would provide for up to $75 million in combined revenue through the initial contract periods that run through 2028 for DSEF and 2029 for Land C4ISR. Q2 Fiscal 2026 included the first two months of the previously announced work scope expansion on the DSEF program, which resulted in the addition of 14 new roles at the beginning of February. At the end of Q2 Fiscal 2026, the Company had 43 resources working across the Land C4ISR and DSEF programs, an...

Ottawa, Ontario--(Newsfile Corp. - February 23, 2026) - DEFSEC Technologies Inc. (TSXV: DFSC) (TSXV: DFSC.WT.U) (NASDAQ: DFSC) (NASDAQ: DFSCW) ("DEFSEC" or the "Company") today announced the results of its 2026 Annual and Special Meeting of shareholders held on Thursday, February 19, 2026. Shareholders approved all the resolutions detailed in the amended and restated management information circular of the Company dated January 14, 2026, namely: To set the number of Directors at seven; Electing all the nominees to the Board of Directors of the Company; Appointing MNP LLP as auditor of the Company for the ensuing year and authorizing the directors to determine the auditor's compensation; and Approving the Company's amended long term incentive plan. For further information, please contact: Jennifer Welsh, Chief Financial Officer and Chief Compliance Officer [email protected] Sean Homuth, President and Chief Executive Officer [email protected] Jason Frame, Investor Relations +1 (587) 225-2599 [email protected] About DEFSEC DEFSEC (TSXV: DFSC) (TSXV: DFSC.WT.U) (NASDAQ: DFSC) (NASDAQ: DFSCSW) (FSE: 62UA) develops and commercializes breakthrough next-generation tactical systems for military and security forces. The company's current portfolio of offerings includes digitization of tactical forces for real-time shared situational awareness and targeting information from any source (including drones) streamed directly to users' smart devices and weapons. Other DEFSEC products include countermeasures against threats such as electronic detection, lasers and drones. These systems can operate stand-alone or integrate seamlessly with OEM products and battlefield management systems, and all come integrated with TAK. The company also has a new proprietary less-lethal product line branded PARA SHOTTM with applications across all segments of the non-lethal market, including law enforcement. The Company is headquartered in Ottawa, Canada. For more information, please visit https://www.defsectec.com Neither the TSX Venture Exchange nor its respective Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285006

Revenue up 47% over Q1 Fiscal 2025, with continuing momentum post quarter-end; Annualized program billings on go-forward basis reaches approximately $9.01 million in February 2026 with additional near term growth to approximately $9.92 million; First Lightning SaaS subscription received. Ottawa, Ontario--(Newsfile Corp. - February 12, 2026) - DEFSEC Technologies Inc. (TSXV: DFSC) (TSXV: DFSC.WT.U) (NASDAQ: DFSC) (NASDAQ: DFSCSW) (FSE: 62UA) ("DEFSEC" or the "Company") is pleased to announce the highlights of its fiscal 2026 first quarter ("Q1 Fiscal 2026") results. This announcement is a summary only and should be read in conjunction with DEFSEC's unaudited condensed consolidated interim financial statements for the three months ended December 31, 2025 and 2024 and related management's discussion and analysis for the three months ended December 31, 2025, all of which have been filed on SEDAR+ and EDGAR. All figures are stated in Canadian Dollars unless otherwise noted. Q1 Fiscal 2026 Financial Highlights: Growth in defence software business Much of the revenue growth in Q1 Fiscal 2026 was driven by increases in sub-contract task orders for the Company's software services for the Canadian Department of National Defence under two foundational long-term program contracts: (i) Directorate Land Command Systems Program Management Software Engineering Facility ("DSEF"); and (ii) Land Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance ("Land C4ISR") program, for the digital modernisation of the Canadian Forces. While these programs are "as and when requested" task-based contracts with no minimum guaranteed values, the Company's workshare for these multi-year contracts, excluding renewal options, would provide for up to $75 million in combined revenue through the initial contract periods that run through 2028 for DSEF and 2029 for Land C4ISR. The Company has now commenced work on the expanded work scope related to the DSEF program, originally announced on December 5, 2025, which resulted in 14 additional resources, which were staffed by subcontracted personnel. The Company now has 42 resources working across the Land C4ISR and DSEF programs resulting in program billings on an annualized go-forward basis of approximately $9.03 million with the Company currently recruiting for an additional five roles which will further increase...

Revenue up 229% over fiscal 2024, from $1.5 million to $4.9 million, with continuing momentum post year-end; Expected program billings on an annualized go-forward basis for Government programs of $8.8 million as of February, 2026 with continued growth; Strong financial position to execute operational plan through calendar 2026; First DEFSEC LightningTM SaaS order received. Ottawa, Ontario--(Newsfile Corp. - December 29, 2025) - DEFSEC Technologies Inc. (TSXV: DFSC) (TSXV: DFSC.WT.U) (NASDAQ: DFSC) (NASDAQ: DFSCW) ("DEFSEC" or the "Company") is pleased to announce the highlights of its financial year ended September 30, 2025 ("FY2025") results and the outlook for fiscal 2026. This announcement is a summary only and should be read in conjunction with DEFSEC's audited consolidated financial statements for the years ended September 30, 2025, 2024 and 2023, management's discussion and analysis for the year ended September 30, 2025, and Form 20-F Annual Report for the year ended September 30, 2025, all of which have been filed on the Company's SEDAR+ and EDGAR profiles, respectively. All figures are stated in Canadian Dollars unless otherwise noted. "Fiscal 2025 was a break-out year for Company revenue growth and progress towards improved cash flow and profitability," said Sean Homuth, DEFSEC President and CEO. "Management currently believes it has a reasonable basis to support calendar 2026 forecasted activities based on cash on hand, anticipated revenue streams and planned expenditures in the fiscal year, subject to execution of the Company's operating plan and other factors described in its public filings." The Company also reported that subsequent to year-end it received its first order for the DEFSEC LightningTM real-time situational awareness system offered as a hosted Software as a Service ("SaaS") for first responders. Mr. Homuth added, "The strong interest in DEFSEC LightningTM is very promising as we plan the full commercial release for early in 2026." Much of the revenue growth in FY2025 was driven by increases in task orders for the Company's software services for the Canadian Department of National Defence under two foundational long-term program contracts: (i) Directorate Land Command Systems Program Management Software Engineering Facility ("DSEF"); and (ii) land command, control, communications, computers, intelligence, surveillance and reconnaissa...

Explore DEFSEC Technologies's Fair Values from the Community and select yours Revenue: CA$1.42m (up 330% from 3Q 2024). Net loss: CA$2.31m (loss widened by 99% from 3Q 2024). CA$3.69 loss per share. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. All figures shown in the chart above are for the trailing 12 month (TTM) period DEFSEC Technologies shares are down 6.8% from a week ago. You should always think about risks. Case in point, we've spotted 5 warning signs for DEFSEC Technologies you should be aware of, and 4 of them make us uncomfortable. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Revenue growth: +278% Year-over-year +330% Q3 2025 over Q3 2024 Gross margin growth: +388% Year-over-year +879% Q3 2025 over Q3 2024 Accelerated backlog delivery and reduced lead-time for the ARWEN® line of business Cash balance increases by $2.3 million over Fiscal 2024 year end (excluding subsequently completed public offering with $6.8 million in gross proceeds) Ottawa, Ontario--(Newsfile Corp. - August 13, 2025) - DEFSEC Technologies Inc. (TSXV: DFSC) (TSXV: DFSC.WT.U) (NASDAQ: DFSC) (NASDAQ: DFSCW) ("DEFSEC" or the "Company") is pleased to announce the highlights of its fiscal 2025 third quarter ("Q3 Fiscal 2025") results. This announcement is a summary only and should be read in conjunction with DEFSEC's unaudited condensed consolidated interim financial statements for the three and nine months ended June 30, 2025 and 2024 and related management's discussion and analysis of financial condition and results of operations for the three and nine months ended June 30, 2025, all of which have been filed on SEDAR+ and EDGAR. All figures presented in this release are in Canadian dollars, unless otherwise noted. "Q3 2025 marked a transformative period for DEFSEC as we advanced our strategic objectives across several key focus areas," said Sean Homuth, President and CEO. "We are successfully commercializing the next generation of our Battlefield Laser Detection System, driving robust growth through the execution of government defense programs, significant growth in our ARWEN® product line and advancing the commercialization of our PARA SHOTTM products through a revitalized supply chain and manufacturing partner network." Highlights for the Period: DEFSEC's commitment to execution of our strategy, our strong focus on revenue, cash management and capital allocation, and the beginning of DEFSEC's pivot from development stage to revenue ramp-up is evidenced by the following key metrics for the period: Revenue for Q3 Fiscal 2025 increased by 330% over Q3 Fiscal 2024 (+278% on a YTD basis), driven by the DSEF ("Directorate Land Command Systems Program Management Software Engineering Facility") & Land C4ISR ("Land Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance") government contracts, and growth in our ARWEN® business; and In Q3 Fiscal 2025, the gross margin was $0.4 million, an increase of 879% over Q3 Fiscal 2024 (+388% on a...