Perimeter Solutions, Inc. shares rise 1.17% intraday after Mobilicom secures $1.4 million in orders from a leading U.S. drone manufacturer.

Perimeter Solutions, Inc. rose 1.17% in intraday trading, with Mobilicom Limited securing $1.4 million in orders from a leading U.S. drone manufacturer, a Tier-1 customer with over $5 billion in annual sales. The customer has integrated SkyHopper PRO into drones sold to the U.S. Department of Defense (DoD), with potential for recurring orders of increasing magnitude as these Programs of Record come through.