Yes this agreement has been a long time coming and was framed quite a while back. It has to be the agreement they are working on at the moment in my mind. I am not at all worried about the agreement not going ahead as it has been a long time coming with the "loyal" industry partner Airbus. Commercial terms however will have to be what they will.
It will be quite an accomplishment to have the tech officially picked up by Airbus, a true path to commercialisation. Of course, I wish they would all hurry up but happy to sit with what I have!
As far as market valuations go, I am entirely comfortable where the current cap having a TRL 8-9 designated technology approved for use by regulators. We just need that global, established aerospace company giving the confidence and platform for customers to start rolling it out.
Meaningful, page-29
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