This company was never about some amazing new technology.
If this had been easy to do it would have been done years ago, what this company has spent years achieving is the bringing together of various new technologies allied to existing stuff to make this possible.
More efficient power to weight engine, fly by wire technology, safety overrides, gyroscopes, ballistic chutes etc.
All this has to be done bearing in mind all the relevant compliance and aerospace regs. If you believe them, all this has been achieved in a highly professional way
The value in this company, if it has any, is the head start and years of expertise the team now has in these regards, and as such represents a valuable package to anyone wanting to acquire that advantage.
Want to drop a man and payload into a difficult situation, through jungle canopy, or cliff face, what are your options? Land and get out.
MJP Price at posting:
$1.65 Sentiment: Hold Disclosure: Held