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Boresight (ASX:BST): Scaling target drones for a bigger defence market Analytics Table
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About Boresight (ASX:BST): Scaling target drones for a bigger defence market
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Boresight (ASX:BST) listed on the ASX in June following an $8 million IPO. Over the last year revenue grew 55% on the back of growing Australian Defence Force engagement and international demand. The company has since secured a new Huntsville, Alabama manufacturing facility, around 15 times larger than its current US premises, while expanding its product range and customer base. Boresight Managing Director Justin Olde joins The Stock Network’s Lel Smits to discuss scaling since listing, building US capacity and expanding the product range. 1. From listing to scale Boresight reported revenue growth in the last year. What are the key priorities now that the company is listed and entering its next stage of growth? 2. Building US capacity The new Huntsville facility is around 15 times larger than Boresight’s current US premises. What is driving the expansion and how will the facility change your US operations? 3. Expanding the product range With the BF-100, BQ-750 Block 2 and new ground control station progressing, how is Boresight expanding its product offering to meet the changing requirements of defence customers? _ _ _ Subscribe to TSN's YouTube channel for the latest stock content: https://www.youtube.com/channel/UCEEVNCMFSRxFa0Bb2wKLS0g?sub_confirmation=1 _ _ _ Follow TSN for the latest stock news and interviews: Twitter: https://twitter.com/thestocknet Instagram: https://www.instagram.com/thestocknetwork/ LinkedIn: https://www.linkedin.com/company/the-stock-network/ TikTok: https://www.tiktok.com/@thestocknet?lang=en Facebook: https://www.facebook.com/TheStockNet/ _ _ _ Connect with our host Lel Smits online - @LelSmits - Twitter / X: https://twitter.com/lelsmits - Instagram: https://www.instagram.com/lelsmits/ - LinkedIn: https://www.linkedin.com/in/leldesmits/ - TikTok: https://www.tiktok.com/@lelsmits?lang=en - Facebook: https://m.facebook.com/lelsmits/ - Threads: https://www.threads.net/@lelsmits _ _ _ Disclaimer The material contained in this post is general in nature only and does not constitute personal financial or legal advice. None of our material should be regarded as advice and you should not rely on any of the content of this post without first obtaining specific professional advice. We give no warranty to the accuracy, reliability or completeness of information that is contained in this post and exclude liability for any loss. This post may contain views and opinions which are those of the authors and do not necessarily reflect the official policy or position of any other author, agency, organisation, employer or company. We are not liable for any comment published by users and reserve the right to delete any comment for any reason whatsoever. We have commercial relationships with some of our contributors, and we may receive payment or other benefits from this post. Please see The Stock Network website for our full content disclaimer. _ _ _ Visit TSN's website to sign up for regular stock updates: www.thestocknetwork.com.au _ _ _
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