“There Will Be Demand for NextVision Products Even After the Wars Are Over”

Source: https://www.bizportal.co.il/capitalmarket/news/article/20017125 “Countries want to equip themselves with defense systems regardless of active wars,” says NextVision Chairman Chen Golan. Regarding the company’s high gross profitability (above 70%), he adds: “It will be hard for competitors to enter the market with lower prices than ours.” With 33% growth in revenue and a 41% increase in net […]

Winds of War: NextVision’s Backlog Continues to Grow in Q1

Source: https://www.calcalist.co.il/market/article/hytjtdozxl The drone imaging solutions manufacturer is benefiting from rising global defense budgets amid the ongoing war between Russia and Ukraine. NextVision concluded the quarter with a 33% increase in revenue and a 42% surge in net profit to $20.6 million. The order backlog reached $123.2 million by the end of the quarter. NextVision, […]