Key Highlights

  • HighCom released its FY26 Annual Report on 25 August 2026.
  • HighCom Technology was selected for the Australian Government Border Protection Technologies Panel for five years.
  • The company received an AUD 9.81mn C-UAS order from the Department of Defence in April.
  • HCL shares rose 8% to AUD 0.135 at the time of writing on 1 September 2026.

HighCom (ASX: HCL) shares rose 8% to AUD 0.135 at the time of writing on 1 September 2026. The company is entering the new financial year with defence procurement, technology development and armour Manufacturing all competing for attention. Its latest reporting cycle also follows several 2026 contracts, including a major counter-drone systems order and a new government procurement pathway.

Stock Price Snapshot

HighCom (ASX: HCL) was trading at AUD 0.135, up 8.00%, at the time of writing on 1 September 2026. Turnover stood at AUD 64,722, Market Capitalisation was AUD 19.12mn, and the stock’s one-year performance was -55.74%.

A New Reporting Year Begins

HighCom released its FY26 Annual Report on 25 August 2026, following its FY26 investor presentation. The reporting cycle provides the latest formal picture of the Business as it moves into FY27 and follows a series of operational announcements across its armour and technology divisions.

Government Procurement Opens Another Route

HighCom Technology was selected for the Australian Government’s Border Protection Technologies Panel from 1 July 2026 for a five-year term. The panel provides a procurement pathway for government customers seeking border-protection technology, adding another channel for the company’s technology business.

Counter-Drone Work Expands the Product Mix

In April, HighCom announced an AUD 9.81mn contract, including GST, from the Australian Department of Defence for counter-small-uncrewed-aerial-system products and support services. The order represented the company’s first major C-UAS contract. In June, HighCom also reported that XTclave was running at commercial loads.

The Defence Pipeline Is the Key Watchpoint

HighCom now has multiple disclosed strands across body armour, C-UAS, border protection and technology. The next phase will be measured by delivery, commercialisation and the financial contribution from these programs as the company progresses through FY27.