Announcements
Lodgement of 2023 Preliminary Final Report (Appendix 4E)
Please see the link below to the Preliminary Final Report (Appendix 4E) for XTEK Limited (XTE) for the financial year ended 30 June 2023. This announcement has been authorised for release by the XTEK Limited Board of Directors. General, Investor & Media...
XTEK’s HighCom Receives New A$2.6m Ballistic Armour Order
Key highlights: • Purchase Order for international supply of specialist ballistic armour products worth A$2.6m• Many thousands of individual high-performance items to be provided• Shipment to be delivered to new undisclosed European customer over coming weeks Monday...
XTEK Receives New $3.4m Defence SUAS Spare Parts Order
Key highlights: • New Defence SUAS spare parts order valued at $3.4m• SUAS fleet supported under existing multi-year support contract Wednesday 12 July 2023. XTEK Limited (ASX: XTE, ‘XTEK’, ‘Group’) is pleased to announce that it has received an order from the...
XTEK Upgrades FY23 Forecast
Key highlights: • FY23 Revenue forecast upgraded to between $86m - $88m (was previously $82m)• FY23 EBITDA expected between $9.0m - $10.5m • FY24 Opportunity Pipeline exceeds $200m Thursday, 29 June 2023. XTEK Limited (ASX: XTE, ‘XTEK’, ‘Group’) is pleased to update...
XTEK Achieves 3rd Key Delivery Milestone for Defence – Small Unmanned Aerial Systems
Key highlights: • Major delivery milestone achieved against A$26.9m Defence SUAS order announced on 1 Dec 22• Revenue of $25m now recognised with remainder in H1 FY24 28 June 2023. XTEK Limited (ASX: XTE, ‘XTEK’, ‘Group’) is pleased to update the ASX, that its...
XTEK Completes $7.1m FY23 SUAS Spare Parts Order Deliveries to Defence
Key highlights: $7.1m of long lead time SUAS spare parts now delivered to Defence Completes last items of previously announced orders of 6 June 2022 and 7 October 2022 Tuesday, 20 June 2023. XTEK Limited (ASX: XTE, ‘XTEK’, ‘Group’) is pleased to announce that it...
XTEK’s HighCom Progresses Collaboration with TATA Advanced Systems Ltd
Key highlights: XTEK’s HighCom signed collaboration agreement with Tata Advanced Systems Ltd on 17 April 23 Collaboration covers the supply of advanced Rifle Combat Helmets (RCH) for the Indian Defence market using XTEK’s patented XTclave technology Independent...
XTEK Achieves Major Delivery Milestone for Defence Small Unmanned Aerial Systems (SUAS) Order – 15 June 2023
Key highlights: • Major delivery milestone achieved against A$26.9m Defence SUAS order announced on 1 Dec 22• Mix of AeroVironment SUAS used by Army for tactical reconnaissance and surveillance tasks • Equipment valued at circa $14m as part of this milestone• Total...
XTEK Achieves Major Delivery Milestone for Defence Small Unmanned Aerial Systems (SUAS) Order – 8 May 2023
Key highlights: • Major delivery milestone achieved against A$26.9m Defence SUAS order announced on 1 Dec 22• Revenue of $7.4m now recognised Monday, 8 May 2023. XTEK Limited (ASX: XTE, ‘XTEK’, ‘Group’) is pleased to update the ASX, that its Technology Division has...
XTEK’s HighCom signs MoU with Tata Advanced Systems Ltd
Key highlights: • XTEK’s HighCom has signed a collaboration agreement with Tata Advanced Systems Ltd• Collaboration covers the supply of advanced Level III Rifle Combat Helmets for the Indian Defence market using XTEK’s patented XTclave technology• Significant...
Group CEO H1 FY23 Presentation
XTEK Lodgement of Half Year Report (Appendix 4D)
XTEK Receives $0.8m in New Defence Grant Funding
Key highlights: • Two new Department of Defence grants received totalling $0.8m• Funds to be used to double existing helmet production and drive new ballistic product R&D • Group aggressively pursuing numerous global supply opportunities for helmets• Expects to...
XTEKs HighCom Opens New Poland Sales & Distribution Office
Key highlights: • New HighCom Sales & Distribution Office now opened in Poland• Provides excellent proximity to European target markets and customers• World leading ballistic armour products to be prepositioned for sales and rapid deployment • XTEK Group FY23...
XTEK receives Defence A$26.9m New SUAS Order
Key highlights: • A$26.9m Defence order for new Small Unmanned Aerial Systems (SUAS)• Mix of AeroVironment SUAS used by Army for tactical reconnaissance and surveillance tasks• Delivery and revenue recognition in late H2 FY23• XTEK Group FY23 Revenue now expected to...