Nice suggestion, not a bad target user base. But would they be able to offer the same products to both commercial clients like that, and military units who presumably would want higher spec (perhaps even proprietary/secret) needs? Which then begs the question around development costs and the like, on limited resources.
I guess the other thing as well, for shipping companies, how does the UUV product separate itself from the marketplace with crowded competition? Even the ANTX brochure illustrates, just among those attending the event, there is over 20 UUV products that will be on show, yet alone all the others who are not in attendance.
By the way, also noticed in the 4C they miscalculated the total cost outflows for next quarter. Should be $615k, not $515k.
Ann: Trading Halt, page-38
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