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XTEK to outline domestic and international growth opportunities at Proactive’s CEO Sessions

The company will be presenting at the CEO session in Sydney on Monday, June 3 and in Melbourne on Tuesday, June 4.

managing director Philippe Odouard
XTEK is expecting significant revenue growth in FY19

XTEK Ltd (ASX:XTE) will outline the growth opportunities for its XTclave protection products and XTatlas real time video solutions for western military forces at Proactive's CEO Sessions next month.

XTEK managing director Philippe Odouard will be presenting at both the Sydney and Melbourne investor sessions.

READ: XTEK receives $2.1 million order for x-ray equipment and training

The company recently obtained an order from the Australian Defence Force (ADF) valued at $2.1 million for x-ray equipment and training.

The equipment consists of advanced, portable, lightweight x-ray image capture units used to receive near real-time imaging in a variety of applications.

This follows on from an international order earlier this month for XTEK’s proprietary XTatlas software technology.

READ: XTEK wins first international order for XTatlas software technology

XTatlas’ ability to provide digital real time intelligence from UAS (Unmanned Aerial System) video, including mapping, 3D modelling and image comparisons to accurately pinpoint geo-referenced features, were instrumental in securing the order.

This international order follows the domestic sales of XTatlas to the ADF last year and expands XTEK’s global market share.

Meanwhile, construction of XTEK’s XTclave facility is progressing well to produce lighter and stronger ballistic plates and helmets.

The company is on track for commercial scale production capacity for XTclave products in 2019.

Register for the CEO Sessions today

Sydney details, Monday, June 3, 2019

Melbourne details, Tuesday, June 4, 2019

Also featuring will be West Wits Mining Ltd (ASX:WWI), Emmerson Resources Ltd (ASX:ERM) and Global Energy Ventures Ltd (ASX:GEV).

Quick facts: Xtek Ltd

Price: 0.92 AUD

ASX:XTE
Market: ASX
Market Cap: $48.52 m
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