Hi Strauss
The key near term driver of revenues is going to come from the success of the Iridium GO product, which WRR has designed and manufactured for Iridium (NASDAQ: IRDM). To date 2 x USD3m orders have been received.
You can track the success of this Iridium GO product from Iridium's releases to the NASDAQ:
http://files.shareholder.com/downlo...f982508b/IRDM-Transcript-2014-10-30T12_30.pdf
Q3 2014 Iridium Communications Inc Earnings Call on October 30, 2014 / 12:30PM
"
Our Iridium GO! product, which is reported as part of our core handset business, continues to see strong results in the early going. Since launching it in July, we've shipped more than 5,000 units and the backlog remains solid.
Feedback from our customers has been excellent. In addition, many of the customers that have signed up thus far for Iridium GO! service have selected the unlimited usage and highest ARPU offering for this new product, which bodes well for our telephony segment. This product allows us to ride the global trend toward smartphones and tablets and the higher data usage they can bring."
Following WRR's successful commercialisation of this product, WRR have noted that there is an increased awareness of the Company’s capabilities as an OEM, presenting solid opportunities for growth.
WRR have also advised in their AGM that "Negotiations are currently underway on further OEM development opportunities" to build on their GO success, which will drive growth in revenues and profits.
