Cyberlux Corp (CYBL)

[LuLa]

Cyberlux Corporation CEO Mark Schmidt commented on the results: “2023 proved to be a noteworthy year with the strategic restructuring of all Cyberlux business units. The reorganization sharpened our focus on core Department of Defense (DoD) activities and capitalized our strengths in Unmanned Aircraft Technology (UAS) and military communications. This initiative aimed to streamline operations and enhance the company's ability to deliver high-quality products and services to our customers. As a direct result of this strategic realignment, the company achieved immediate success by adding a combined +$105 million in booked revenue, with +$80M in UAS, +$20M in Datron Military Communications (DMC), and +$5M in Special Activities (SA). Cyberlux has positioned itself for sustained growth and continued leadership in the defense industry for 2024 and beyond.”



https://www.otcmarkets.com/stock/CYBL/news/Cyberlux-Corporation-OTC-CYBL-Releases-2023-Annual-Report-of-Financial-and-Operational-Results?id=435377