I would estimate to get into the US market fast and with a sales...

  1. 250 Posts.
    lightbulb Created with Sketch. 9
    I would estimate to get into the US market fast and with a sales team attached it would be somewhere between $10-25m. So us a shareholders don't need to put more cash in.

    What you have here is a fantastic deal

    You get North American exposure much quicker than what is possible with a start-up with the largest established player. They already have paying customers in the US$73bn market.

    These customers will no doubt want even higher quality images for certain applications and these customers will be able to strike up a deal that would leverage the superior image capture rate for applications such as 3D mapping of cities.

    Spookfish receives considerable cashflow from the royalties.

    I see that EagleView will acquire Spookfish not just to acquire the rest of the shares it doesn't own and stop paying a royalty for North American sales. It will acquire Spookfish for access to the Australian market alone.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.