KWESST Micro Systems (KWE) Stock Soars Over 100% After Announcing Major Defense Contract

KWESST Micro Systems Inc. KWE shares rose over 100% during Wednesday’s session. The company announced it secured its first order for its next-generation battlefield laser detection system from a defense systems integrator for a major North American armored vehicle program.What To Know: The new order is likely being viewed by investors as an endorsement of KWESST’s technology. CEO Sean Homuth highlighted the system’s leap in capability, offering a low-cost, flexible solution for both soldiers and vehicles.“The modern battlefield has changed,” Homuth stated. “Lasers are now a silent, invisible threat that can turn any soldier or vehicle into a target in seconds. BLDS gives them back those seconds so they have a fighting chance.”Read Also: Circle Internet Group Stock Soars On Landmark Stablecoin LegislationDeveloped in response to the growing threat of laser-guided weapons, the BLDS is designed to counter laser target designators and range finders. KWESST Micro Systems says the initial prototypes are ready for delivery and will undergo extensive performance testing ahead of a fully-networked version anticipated by fall 2025.Price Action: Shares are trading higher by 70.5% to $9.82 Wednesday morning. Trading volume has exploded to over 29.3 million shares, dwarfing its 100-day average volume of approximately 219,000 shares.Read Also: Houston American Energy Stock Is Sinking Wednesday: Here’s WhyHow To Buy KWE StockBy now you're likely curious about how to participate in the market for KWESST Micro Systems – be it to purchase shares, or even attempt to bet against the company.Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.In the case of KWESST Micro Systems, which is trading at $12.83 as of publishing time, $100 would buy you 7.79 shares of stock.If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.Image: Shutterstock