Ann: New Carbonix Drone Contract, page-5

Manufacturing process is very costly starting off, and processes take time. Look at quicksteps costs when they had to figure out how to make every new aero structure part, now that’s delivery what 30% gross? They can make these drones 4x quicker than a year ago, that converts to a huge saving in cost particularly in workforce. The fact the contract is 40% less tells me cost base has significantly reduced. With their insane future revenue targets, I suspect from their US facility, I think they’re showing how quickly they can actually pump these products out if the orders are there - their Geelong facility is their smallest business segment by far and the cheapest to run, albeit with far smaller revenue and margins to reflect