Laing's appointment to support industrywide adoption of the IEEE 802.16t ("dot16") protocol, pioneered by Ondas Networks and selected by AAR as the upgrade path for network modernization and mission-critical rail communications in North America
Veteran Class I engineering leader with prior executive roles at Canadian Pacific Railway and Canadian National joins Ondas Networks Board
Laing was the 2023 RT&S Engineer of the Year, currently serves on AREMA's Board of Governors
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- New Composition of Matter Intellectual Property ("IP") Filing Centered on First-in-Class, Fully Synthetically Manufactured Halneuron®-
- New Synthetic Process to be Used for Phase 3 Development Provides Higher Manufacturing Yields and Reduces Costs Versus Naturally Harvested Halneuron® -
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Highlights
(Unless otherwise noted, all financial amounts in this news release are expressed in U.S. dollars. IBC is reporting the performance of "continuing operations" at its Copper Alloy division, "discontinued operations" at its Massachusetts facility, and a combination of continuing and discontinued operations.1
The operating loss from continuing operations in the quarter improved from $226,000 to $67,000.
On a consolidated basis, Adjusted EBITDA for the quarter of ($55,000) compared favorably to adjusted EBITDA1 of ($449,000) in the prior year quarter. IBC recorded a loss of $702,000, which compared favorably to a loss in the prior-year quarter of $1.2 million.
Sales of $4.2 million for the quarter ended September 30, 2025 declined by 14.8% year-over-year (YOY).
Second major order from European security authority expands Iron Drone Raider deployments across critical air infrastructure
Integrated, autonomous CUAS architecture delivered by Airobotics as prime contractor gains traction as European agencies scale multi-layered defenses
Rising drone threats across Europe accelerate adoption of automated counter-UAS systems purpose-built for safety, precision, and low-collateral operations
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Latest AI product launch accelerates GameSquare's strategic push into high-margin software intelligence
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