SMN 1.72% 57.0¢ structural monitoring systems plc

Ann: APB Certification Program & Compression Testing Update, page-4

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  1. 4,747 Posts.
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    There is so much to like about this announcement. The very fact that Ross Love continues to provide regular updates (even after the EGM!) sets him apart from the old SMN management.

    And what an announcement!

    Any doubters about CVM commercialisation should reconsider IMO.

    "The next major program milestone is scheduled for early March, an APB installation on another Delta aircraft. “This installation will be supervised by Boeing to finalize changes to the Service Bulletin.

    “Invitations to observe this installation have been extended to the FAA as well as another major airline operator.

    “We then expect FAA Approval of Deliverables by 15 April 2023 and the Service Bulletin Release from the FAA by 21 April 2023.”

    and

    "“This update from our technical team confirms our previously advised progress towards certification for the Aft Pressure Bulkhead program to which Delta Airlines have already committed commercially."

    “We are now engaging with a number of other priority clients for this application and look forward to providing regular updates in the coming weeks and months."

    “In addition, we are finalising a sales program targeting operators of Airbus A320s for multiple simultaneous installations, following some very compelling evidence of the value these can create for operators we commissioned late 2022."
 
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