SMN 5.00% 42.0¢ structural monitoring systems plc

Ann: Important Global Aviation Regulator Approval Update, page-2

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    "Subsequently, the development of expedited flight test programmes will ensue, coupled with simultaneous lab testing to be conducted at Sandia Labs for these applications.

    Ultimately, as with the successful Delta/Boeing/FAA overseen programme conducted in 2015, CVMTM will receive explicit formal aircraft OEM and Regulator approval/s as required. The near-term goal of these programmes will be to realise the signing of one, or multiple, commercial licensing agreement(s) for CVMTM as a result of these approvals. "

    I'm confused. So now we're undertaking more programmes to get to the point of signing a commercial deal? Isn't that what they've been discussing and we're announcing before end 2016? Now we're undertaking more programmes before getting to that point?
 
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