Brightcom Group Limited has informed the Exchange regarding the outcome of Board meeting held on September 25, 2025.
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Brightcom Group's Board, at its September 25, 2025 meeting, reviewed progress in its newly established defence vertical. The company has appointed a reputed advisor for the division and signed a Memorandum of Understanding with CQT Weapon Systems, a U.S.-based defence manufacturer based in Michigan, to collaborate on tactical hardware and AI-enabled systems. The Board also reviewed a portfolio of mission-ready UAVs (including RAVEN, HELIX series, THUNDERBOLT, TIBURON, and MINI TIBURON) and its proprietary AI-powered defence operating system, Maestro OS. The Board noted that matters of material importance are moving toward decisive final stages and will require shareholder approval. Consequently, the AGM scheduled for September 28, 2025 has been postponed, with a revised date to be announced shortly so that all key matters can be presented to shareholders together.
This announcement signals Brightcom's serious push into the defence sector, with a strategic partnership with a U.S. defence firm and a diversified UAV portfolio. Shareholders should watch for the revised AGM date, as material decisions requiring their approval are forthcoming. The postponement of the AGM suggests significant corporate actions are being lined up, which could materially affect the stock's outlook.