Business
Elisabeth Preston to Retire from KWESST Board and Step Down as Corporate Secretary; Expected U.S. Replacement for Board Seat Pending
Ottawa, Ontario--(Newsfile Corp. - May 19, 2022) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQ...
About this update from Defsec Technologies Inc.
[{"type":"text","content":"Elisabeth Preston to Retire from KWESST Board and Step Down as Corporate Secretary; Expected U.S. Replacement for Board Seat PendingOttawa, Ontario--(Newsfile Corp. - May 19, 2022) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) (FSE: 62U) (\"KWESST\" or \"the Company\"), a developer of next-generation tactical systems for military, security, and personal defense markets, today announced that Elisabeth Preston will be retiring as director and Corporate Secretary effective immediately.Ms. Preston joined the KWESST board February 21st, 2021 and has also served since then as Corporate Secretary. Her exit is precipitated by an urgent necessity for Ms. Preston to focus her attention on her full time occupation as Chief Legal Counsel and Vice President International Compliance with a top global defense contractor with significant operations in Europe. \"We understand Elisabeth's principled decision,\" said David Luxton, Executive Chairman of KWESST, who added, \"She is an extraordinarily talented and highly respected executive in the defense industry and we will miss her wise counsel.\" The Company said that it will be seeking a U.S. replacement for her vacancy. Steve Archambault, CFO, has agreed to serve as Corporate Secretary in the interim.About KWESSTKWESST (TSXV: KWE) (OTCQB: KWEMF) (FSE: 62U) commercializes breakthrough next-generation tactical systems for military and security forces and personal defense. The company's current portfolio of unique proprietary offerings includes non-lethal systems (PARA OPSTM and ARWENTM) with application across all segments of the non-lethal market, including law enforcement and personal defense. KWESST also facilitates digitization of tactical forces with its signature TASCS system for real-time awareness and targeting information from any source (including drones) streamed directly to users' smart devices and indirect fire weapons. Other KWESST products include counter-measures against threats such as drones, lasers and electronic detection. These include: the PhantomTM electronic battlefield deception system to mask the electromagnetic signature of friendly forces with decoy signatures at false locations that deceive and confuse adversaries; a Battlefield Laser Detection System to counter the emerging threat of laser targeting of personnel; and, a non-kinetic system to counter the thre...