Previously our CVM technology was only FAA approved for a certain area of the Boeing 737. From what i can gather, this announcement says the company will be filling CVM for use on another 72 other different aircraft types for he wing structure and forward fuselage and 74 different aircraft types for the central fuselage.
To me this is massive news and just makes the potential value of out technology 74 times more valuable....
This part is also very good.
"We are pleased to announce that Boeing has now completed the administrative process of formally approving the CVM™ for the Center Wing Box application employed in the Delta/Boeing programme. A modified Boeing Service Bulletin, that includes the use of CVM™ to conduct the health monitoring of the wing box components in lieu of traditional inspections, has been issued. This now permits all 737-NG operators worldwide to use CVM™ sensors to replace existing ground-based, time intensive inspection protocols."
Please DYOR
SMN Price at posting:
$1.78 Sentiment: Buy Disclosure: Held
