Xtek enlists in US military

3 years ago admin Comments Off on Xtek enlists in US military

ASX-listed defence tech company Xtek has won a second contract with the US Military to test its materials technology XTclave for armour.

CEO Philippe Odouard said the deal, announced today, is worth $644,000 with the US government to cover costs of the 18-month project

He said XTclave is a composite consolidation technology that creates materials capable of withstanding projectiles.

According to the executive the manufacturing process allows the company to create shapes and curve while maintaining protection to the wearer, whereas old techniques would produces weaknesses.

“We are confident that we will achieve a good result from the latest research initiative as we have proven on a number of occasions that XTclave is capable of producing composites with complex shapes and structures that are lighter and that can offer a higher level of protection,” Mr Odouard said.

“The US Government is the world leader in military technology, and for the second time they have committed funds to XTEK for research and testing, which demonstrates their interest in our XTclave and associated technology,”

The deal comes on the back of Xtek’s $101 million contract with the Australian government to provide unmanned aerial systems to the Australian Defence Force.

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