HTG 7.69% 1.2¢ harvest technology group ltd

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-15

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  1. 5,675 Posts.
    lightbulb Created with Sketch. 2900
    Yes, Deon. Inmarsat. Something I've been wondering myself. And Marlink. And AST. And Speedcast.

    Until PG pulls finger and gets material runs on the board, everyone is trapped, including insiders.

    You would think that might be motivation enough.

    Unpleasant truth, but there it is.

    @seaforth1, yeah, investor comms continues to be extremely disappointing. There is no continuity from one Q to the next. You can't just talk up the likes of Cisco, Carbonix and 'codename' NS2 then drop them like they don't exist. It's as if PG doesn't know how to communicate effectively or isn't interested.

    If that's the case, get someone who can, and is interested in keeping shareholders informed.

    At the Company’s AGM on November 8, the Company announced it was ahead of schedule in the development of the next evolution of Harvest’s Nodestream™ protocol, a cloud-based platform, code-named “NS2”. Development and optimisation of “NS2” continued during the December quarter and the Company is currently finalising a growing list of beta partners in multiple sectors to participate in beta testing which is due to commence in the first half of 2023.

    In November, the Company announced the signing of a Memorandum of Understanding (MOU) with Australian drone manufacturer Carbonix, which will see both companies work together to deliver untethered “beyond horizon” drone operations. The collaboration involves integration of Harvest’s network-optimised remote connectivity to Carbonix’s fixed-wing vertical take-off and landing (VTOL)drones.

    A growing list of Beta partners in multiple sectors to commence first half 23...integration of Harvest’s network-optimised remote connectivity to Carbonix’s fixed-wing vertical take-off and landing (VTOL)drones.

    What happened? First half is nearly over, 5 months since Carbonix hit the radar and...crickets.

    @micklejohn, maybe you missed it, there was mention of the EU Defence Force. Small comfort, I know, but something:

    In its customer update on January 24, 2023, it was advised that Harvest was in active discussions with its European Defence Force customer. Harvest continues to actively collaborate with the customer to develop a scope of work and implementation schedule for the technology across the entirety of the customer’s field assets and base of operations. Orders against this scope have the potential to generate significant incremental revenue for the Company. The developing scope for new orders represents a multiple of the initial contract.

    The Company will update investors on this project as further information becomes available.

 
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