Tessera Defense and Homeland Security Inc. (NYSE American: HLSQ) has announced its initial 2027 revenue target and long-term financial outlook through 2029. The company is targeting consolidated revenue of approximately $14 million to $16 million for the year 2027. Management expects this revenue to be weighted toward the second half of the year, driven by the anticipated timing of platform deployments and commercial activity.
The company breaks down its 2027 expectations into specific components: $7 million is expected to come from backlog, signed contracts, or purchase orders; $5 million from existing customer expansion and identified commercial opportunities; and $3 million from new customers and future commercial opportunities.
Looking beyond 2027, Tessera has outlined a longer-term strategic roadmap. The company is targeting approximately $21 million in consolidated revenue for 2028 and approximately $30 million for 2029. Using the midpoint of the 2027 target, the company notes that the 2029 target represents an implied compound annual growth rate (CAGR) of approximately 40% from 2027 through 2029.
The targets are based on management’s current strategic plan, which includes organic growth, platform expansion, and anticipated contributions from future acquisitions. The company also disclosed key commercial milestones it expects to evaluate in 2027, including achieving 70 platform deployments, acquiring 60 new customers, and expanding into three new geographies. Additionally, the company aims to reach approximately $14 million in backlog by the end of 2027.
