Just trying to distill and update my earlier points into a more...

Just trying to distill and update my earlier points into a more concise format:

PROS

♦ Current Market Cap = Approximately ~8.5 million

♦ Major global customers, with a recurring revenue model – RaaS (Robot as a Service).

♦ It is very easy to make a robotic prototype work in a lab / at a conference. It is very difficult to make sure a product works continuously 24/7. NGL does things cheaper, faster, and better than traditional physical security. With this tech acting as a ‘force multiplier’, you can get situational awareness; see in the dark with thermal vision; fly directly to where an incident has been detected; and, broadcast to any personnel using the software application. It is a proven technology.

♦ This is a data-gathering, edge-based computing platform – takes off by itself, lands by itself, charges by itself. All the data that is gathered is right at the edge, all computation is performed at the edge. Customers prefer to have their data on-site, and not in the cloud (for obvious reasons).

♦ Automation and AI is a ‘mega-trend’. The ultimate purpose of a robot is to reduce human workload and make operations more efficient by handling the repetitive tasks. NGL’s biggest technical achievement over the years (according to prior interviews on YouTube) is reliability. If you don’t have a platform that is dependable, reliable and works all the time for customers – you have nothing. This is why NGL is the best candidate for First Responders.

e.g. exceptional ability to document crime scenes and accident sites from superior angles; can assess hazardous environments like a structural weakness in a burning building; can assess dangerous situations from a safe distance such as potentially armed suspects.

♦ The ability to develop additional applications on top of this drone platform is a reality. Radar, cameras, kinetic sensors can all be integrated. e.g. EAGL Gunshot Detection integration as announced on 18 July.

CONS

♦ Cash balance is running low.

♦ Seemingly long-lead time to develop new contracts.


@DAM-141 keen for your feedback.