Mobilicom Limited shares fall 2.90% in after-hours following strategic partnership and market expansion announcement.

Mobilicom Limited surged 2.90% in after-hours trading, following the announcement of strategic partnerships and market expansion plans to enhance product supply and market coverage, leading to a stock price increase on June 20, 2025. The company, which provides end-to-end network security and intelligent solutions for drones, robots, and autonomous platforms, is investing in R&D to enhance its technological capabilities and maintain a competitive edge in the rapidly evolving technology sector.