FeralX Systems Inc. (FRLX:TSXV)
FeralX provides design and manufacturing services for small-arms and drones to military and law enforcement clients globally.
The Company has a contracted revenue base and is expected to see strong growth over the coming years, driven by its manufacturing agreement with Arcanus Aerial Systems.
FRLX will be profitable shortly, and we are projecting 43% gross margin and 7% adjusted EBITDA margin for 2027.
The Company is led by industry veterans, bringing decades of expertise and relationships to the table.
Investment Summary
Company Description
FeralX Systems Inc. is a Canadian-controlled defence manufacturer headquartered in Ontario. The Company designs, builds and delivers weapon systems, autonomous platforms and precision components for government, military and law-enforcement customers, connecting operators, sensors and precision effects into one integrated mission ecosystem. FeralX operates across four lines: Armament, Autonomy, Mission Support and Manufacturing.
Research
