SMN 5.50% 57.5¢ structural monitoring systems plc

Ann: SMS completes installation of sensor kits on Delta Aircraft, page-17

  1. 18,294 Posts.
    lightbulb Created with Sketch. 3799
    So I’m very open to someone asserting that the $262,000 was received in the December quarter for four Delta APB sensor kits prior to installation…

    If it was an early payment for some reason for the 21 kits previously installed, that brings the price per kit down to just under $12,500  which I think is less than 20% of $65,000!

    Or was it for something else?

    FWIW here is the announcement from August 17, 2017  detailing the commercial deal that was struck back then:
    [see here]

    Once again I would appreciate some thoughts from others more conversant with the Delta relationship (and understanding accounts) ASAP as a theoretical $65,000 per kit sounds like the bees knees to me right now.


    cheers
    Last edited by sabine: 14/03/23
 
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