SMN 7.69% 42.0¢ structural monitoring systems plc

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-12

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    Also my take on the paragraph about the ODA was it was in reference to the 2024 applications being discussed

    From chat GPT - basically Boeing under this design authorisation and FAAs supervision can undertake the certification testing

    The Boeing ODA (Organization Designation Authorization) is a program established by the Federal Aviation Administration (FAA) in the United States. Under this program, the FAA delegates certain certification and oversight responsibilities to qualified Boeing employees and organizations. The purpose of the Boeing ODA is to streamline and expedite the aircraft certification process while maintaining rigorous safety standards.ODA members, typically engineers and experts within Boeing, are granted the authority to perform various certification tasks on behalf of the FAA, including design approvals, production approvals, and airworthiness certifications. This delegation of authority allows Boeing to more efficiently manage the certification and regulatory processes for their aircraft, which can help reduce delays and costs associated with bringing new aircraft and modifications to market.

    It's important to note that the ODA program is not unique to Boeing; other aircraft manufacturers also have their own ODA programs, which are collectively aimed at improving the efficiency of the aircraft certification process while ensuring safety and compliance with regulatory standards.
 
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