HTG harvest technology group ltd

Hey NT84,Between 3DP and HTG, we're taking a belting LOL!Was...

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    Hey NT84,

    Between 3DP and HTG, we're taking a belting LOL!

    Was just re-reading the Q Update. Thought this might help - not a precise timeline, but indicative of what's happening.

    Emphasis has been placed on development of global alliance and sales opportunities and the ramping up of resources to support innovation, business development, and expansion into the U.S.

    All conditions for this phase remain on track to be successfully achieved, allowing the Group to transition to and commence Phase 2 with high confidence. Phase 2 seeks to deliver significant growth in revenue and diversified income streams.

    SnapSupport - Preliminary ecosystem discussions with select hardware partners, resellers, and customers are underway

    Bentley Innovation Hub - It is expected that the Group will be centrally located at the Bentley premises by the end of August 2021.

    Curtin Innovation Centre - The group is currently working with Curtin University to become a member of the Curtin Innovation Centre in order to provide opportunities for PHD and STEM students to be involved in various technology-based projects associated with the Product Development Roadmap.

    Speedcast - Early in the quarter, Harvest engaged with Speedcast, the largest remote communications provider in the world. Speedcast has recently been evaluating Harvest’s Network Optimised Livestreaming solution from its U.S. office, and subsequently showcasing the service to a number of energy operators.
    Harvest expects to gain further traction from the successful demonstrations, with negotiations now underway with Speedcast to enter into a global reseller agreement.

    Satellite airtime has been a priority this quarter with ongoing trials for Inmarsat over Cobham’s Aviator UAV 200 onboard Harvest and Omnidrone UAVs. Private and medical flights have also been of interest with the requirement for high-quality video and audio required from private corporate aircraft and the Royal Flying Doctor Service.

    Proof of concept will be scheduled within the latter half of 2021.

    Nodestream Encoder - Harvest is working with several camera manufacturers to enable a variety of AI features compatible with the Infinity Nodestream encoder systems.

    NODESTREAM ENTERPRISE - Due to consistent industry demand for increased capability in a reduced hardware footprint, conceptual design
    kicked off during the quarter to deliver a class leading standardised enterprise grade solution.

    Prototyping and function testing will be completed in Q3 CY2021, with launch slated for late Q4 CY2021.

    NODESTREAM DOWNLOADABLE APPLICATIONS Bringing the Nodestream point-to-point technology to a software platform has been a key strategic focus for the group. Nodestream downloadable applications will enable rapid deployment and onboarding of additional users into the Nodestream ecosystem without the need for additional hardware. Similarly, it will turn Android and iOS mobile devices into encoders, drastically broadening the user base and use cases.

    Following exhaustive testing, the Windows version is at a production stage with Android and iOS applications nearing completion and targeted for deployment in Q3 CY2021.

    This is an exciting addition to the line-up and is highly anticipated by new and existing customers.


    With Phase 1 complete and so much work in process, I think Phase 2 will signal a period of increasing material news flow.

    Last edited by writer: 24/08/21
 
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