Company Structure

The Kord Goup consists of three separate companies: KordTech Pty Ltd, Kord Defence Pty Ltd and WetPC Pty Ltd. KordTech, which wholly owns Kord Defence, holds the Group’s core IP and provides a focal point for investment. It has some 15 private shareholders. Kord Defence has a licence from KordTech to commercialise Kord IT for defence and homeland security markets. WetPC, which has separate shareholding, has a licence for underwater markets.

The structure shown allows for the creation of additional companies as the core technology expands into new markets.