DEFSEC Technologies To Present at ThinkEquity Investor Conference New York City, October 30, 2025

Executive Summary

• DEFSEC projects a 394% increase in annualized billings for Fiscal 2025 (≈ CAD $5.1 M) versus FY 2024 (CAD $1.0 M), driven by expanding Canadian Government Defence programs.
• The company announced progress on several key products: DEFSEC Lightning™ SaaS, new ARWEN® training cartridge, and the next‑generation Battlefield Laser Detection System (BLDS) with enhanced range and networking capabilities.
• DEFSEC will present at the ThinkEquity Conference (Oct 30, 2025) and has secured additional interest from government agencies and OEMs for its defence‑grade solutions.

Key Details

• Government Defence Programs
• DSEF Professional Services – joint venture with Thales Canada & Akkodis; maximum workshare CAD $27 M over five years (plus optional extensions).
• Land C4ISR contracts – subcontract to Thales Canada; maximum workshare ≈ USD $48 M over six years (plus optional extensions).
• Billings Guidance
• Current annualized go‑forward billings: CAD $5.1 M (394% increase vs. FY 2024 CAD $1.0 M).
• Margins expected to be consistent with Q3 2025 financial statements.
• DEFSEC Lightning™
• TAK‑enabled real‑time situational awareness SaaS ready for customer trials with police, fire and EMS agencies.
• First subscription agreements anticipated before year‑end 2025.
• ARWEN® Product Line
• Production scaled up; fiscal 2025 billings expected to grow substantially over FY 2024.
• New ARWEN® training cartridge (based on PARA SHOT™ technology) slated for low‑rate initial delivery in early 2026, with full‑rate production ramp‑up planned for calendar year 2026.
• PARA SHOT™
• Demonstrations ongoing; multiple Canadian law‑enforcement agencies have expressed interest.
• Battlefield Laser Detection System (BLDS)
• Prototypes delivered; next‑generation networked version proven and low‑rate initial quantities ordered for delivery by end of calendar year 2025.
• Enhanced detection range to 3 km, wider angle scan, intelligent false‑positive filtering, and built‑in sensor health alerts.
• Conference Appearances
• Presentation at ThinkEquity Conference (NYC) on Oct 30, 2025 – webcast available for 90 days.
• Recent presentations at Best Defence Conference (London, ON) and DSEI (London, UK) generated significant government and OEM interest.

Notable Quotes

• David Luxton, Chairman: “Our expanding defence programmes and innovative product pipeline position DEFSEC to capture the growing demand for next‑generation tactical solutions across military, law‑enforcement and first‑responder markets.”
• Sean Homuth, President & CEO: “The 394% billings uplift reflects both our successful execution on large government contracts and the market’s appetite for our emerging SaaS and non‑lethal technologies.”