SMN 0.00% 72.0¢ structural monitoring systems plc

Ann: Update on Proposed Requisition, page-3

  1. 854 Posts.
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    I reached out to Ross Love and was please to get the following replay.

    Thank you for your question on the4C.

    Although it is likely the Gogo Wi-Fiopportunity will be reduced somewhat following Delta’s decision to pursue otherWi-Fi options there is still an installed based for which the SVM solutionremains viable and will be pursued. More importantly the STC certificationreceived in relation to this application is the first validation of the SVMsolution from the FAA, and was granted after an extensive review. We believethis successful review will make certification for other applications “fasterand more certain” as communicated in the statement.

    I can appreciate the wording aboutswitching focus to the aft pressure bulkhead application may have created theimpression that we were dropping the initial, and now certified, target butplease rest assured that that is not the case. There are in fact multipleopportunities being pursued by the team and the initial certification isinvaluable for all of them.

    I look forward to keeping you andall shareholders informed of progress on the commercialisation plan and thankyou again for the chance to clarify the situation here.

    Regards

    Ross

    Ross Love

    Executive Chairman, SMS



 
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