leadf
logo-loader
ASX:XTE

XTEK Ltd

Receive alerts
Market:
ASX
Market Cap:
$26.28 m
Price
0.37 AUD
Change
1.37%
52 weeks high
0.68
52 weeks low
0.30

In brief

XTEK Ltd (ASX:XTE) provides high-quality security products and tailored solutions to the government, law enforcement, military, space and commercial sectors.

The company is developing and commercialising proprietary products such as XTclave produced ballistic products, advanced composite solutions, and XTatlas real-time contextual video, which provide unique solutions for military forces and other government agencies.

XTEK is also engaged in the supply and maintenance of small unmanned aerial systems (SUAS).

Snapshot

Going forwards, XTEK is in a strong financial position with cash of $10.1 million and a positive sales outlook driven by customer enquires of plates from the US and Europe.