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Overwatch Technologies raised capital via ASX IPO to expand drone-based maritime surveillance services. The Perth-based defence intelligence company began trading Friday but fell below its offer price.
Round Type
IPO
PerthSecurityInvestors
Description
Overwatch Technologies, a Perth-based defence and intelligence company, completed its initial public offering on the ASX under the ticker OWL. The company raised capital to expand its drone-based maritime surveillance and intelligence services. Euroz Hartleys and CPS Capital Group acted as joint lead managers for the float. Overwatch provides intelligence, surveillance and reconnaissance services focused on maritime domain awareness, combining autonomous drones with data analysis for national security and defence clients.
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Overwatch Technologies raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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