CYBL) Releases Third Quarter 2023 Financial and Operational Results; Announces Transformative Actions to Refocus the Company on the Defense Technology Sector
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Cyberlux Corporation reported a record cash flow quarter ending September 30, 2023, and noted significant growth in balance sheet assets. The firm also announced a refocus on defense technology, acquisition of Datron World Communications, a globally renowned provider of communication solutions, and the disposition of non-U.S. subsidiaries to pave way for U.S. Department of Defense contracts. Cyberlux Corporation’s CEO asserted the firm’s commitment to seeking and exploiting opportunities in global defense technology markets.