• XTEK’s HighCom received New A$2.6m Ballistic Armour Order, announced 17 Jul 23. • Purchase Order for international supply of specialist ballistic armour products • Many thousands of individual high-performance items provided • Shipment completed to new undisclosed European customer announced 26 Sep 23 • XTEK’s HighCom received Urgent A$2.2m Body Armour Order, announced 12 Oct 23. • PurchaseOrdertosupplyofspecialistballisticarmourproductsworthA$2.2m • Manythousandsofindividualhigh-performanceitemstobeprovidedfrominventory • Urgentshipmenttobedispatchedtoanundisclosedinternationalcustomer • Negotiatingmultiplesimilarlysizedorders,andsomelargercontracts,inparallel • Potential to consume entire inventory of finished goods • HighCom well placed to support any sustained demand from raw material holdings • These rapid supply deals not included in earlier $300m global opportunities pipeline. • These large orders are additional~A$2m monthly “run rate” bookings received.
XTE Price at posting:
41.5¢ Sentiment: Buy Disclosure: Held
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