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Mobilicom Limited shares rise 3.24% after-hours due to increased drone production initiatives in the US.
ByAinvest
Thursday, Jul 17, 2025 5:26 pm ET1min read
Mobilicom Limited rose 3.24% in after-hours trading, driven by the United States' recent executive orders aimed at strengthening its commercial and defense drone production capabilities. The orders focus on streamlining the procurement process and increasing the use of American-made drones in various operations, which is expected to boost the Indoor Inspection Drone Market, valued at USD 5,982.87 Million in 2024 and projected to reach USD 17,934.52 Million.
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