Highlights

• Boresight filed a managing director resignation notice and a final director’s interest notice on 6 November.

• The company develops uncrewed aerial systems intended for government, military and security force customers recently.

• Shares traded near 19 cents on 11 November, on turnover below their recent daily average.

• The available information reported inconsistent FY26 Revenue figures, leaving the appropriate comparison unresolved for publication recently.

Leadership changes have become a focus for Boresight Ltd (ASX:BST), the developer of uncrewed aerial systems for government and security customers. A November director resignation followed earlier investor communications, while its recent market trading occurred without a new price-sensitive release.

Uncrewed Systems Business

Boresight develops uncrewed aerial systems intended for use by government, military and security organisations. The available information identifies Andrew Windsor as non-executive chair. Its operating profile places defence and security applications at the centre of the business, while the company continues to report through market announcements and investor events.

Leadership Notices in November

A notice titled “Boresight MD resigns as Director” and a final director’s interest notice were lodged on the evening of 6 November 2026. Another director’s interest filing appeared on 3 November, following investor webinar items in late October. The source did not establish the company’s announced Leadership arrangements or the reasons for the change. Neither the resignation notice nor the other recent filings was marked price-sensitive.

Financial Reporting Needs Clarification

The available account contains conflicting FY26 revenue references: one data series shows approximately AUD 12.8 million, while other headline-only references suggest around AUD 6.4 million to AUD 6.7 million. The figures cannot be reconciled using the available text, so a definitive revenue comparison is omitted. The same draft records a net loss of around AUD 13.3 million for FY26, compared with roughly AUD 2.1 million in the preceding year.

Shares and Business Execution

Around 2:40pm AEDT on 11 November, Boresight traded near 19 cents compared with a prior close of 18 cents. Approximately 216,000 shares changed hands, against a recent average near 340,000. There were about 209 million shares issued and an estimated prior-close Market Value of AUD 37.6 million. Its 52-week trading range ran from 16.5 cents to 73 cents. The company held a first-quarter FY27 investor webinar in October; the available information gave no confirmed future milestone date.