CT1 constellation technologies limited

Ann: Business Update, page-2

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    Highlights:
    • Annualised Operating Expenditure reduced by $1.5M
    • Reducing monthly cash burn from$150,000 to $50,000
    • Cost reductions have no impact on existing revenue and sales pipeline
    • IT development subsidiary of 25 engineers now profitable
    • Expanding contract development work to reach break-even in H2, 2019 calendar year
 
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