They had around $700k at the start of this year which should last one quarter. Plus the capital raising should last another quarter (maybe a little more than that).
My guess is that they'll have just enough funds to last until ANTX 2019, at which point it's make or break time... if they don't win any contracts they'll have to do another credit raising in Q3 this year.
Ann: Thales / Aquabotix MOU for strategic co-operation, page-17
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