SMN 0.00% 71.0¢ structural monitoring systems plc

Ann: AGM Presentation, page-27

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    was a very good listen indeed. lots of good positions they are engaged with and yes a new director of some note to be announced soon ( would not surprise me if it’s not Roach who has now already joined the company). Dr Roach would not align himself with this company unless it’s management was on track and can deliver and it’s technology was worthy for the aviation industry.Airlines just sitting back waiting for that FAA decision and they will put a lot of pressure on the OEM,s to deliver new aircraft with this technology in place before purchase. From old presentation the figures was $2000 for each sensor applied and I counted 125 needed for the wi fi, was shown in their latest AGM presentation. When all fitted out it reverts to royalty payments of $10 to $15mil per year per airline, of course with the mess the industry got itself in those figures could very well change but I believe their recovery from Covid will produce a.tidal wave to profits.
 
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