SMN 2.92% 70.5¢ structural monitoring systems plc

"Subsequently, the development of expedited flight test...

  1. 1,069 Posts.
    "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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