I think you can add that the market has priced in a much lower growth trajectory on the back of covid related tender activity delays and a general headwind of some very large capital raises whcih would have only added to the SP weakness.
We are slowly seeing these things unlocking- on the defence as well as CUAS front. You can also expect robot weapons systems to be another large growth area.
Space it is also expected that we will see some revenue growth due to a shift to hardware sales vs purely tracking but not seeing the big leaps we expected- although a large award that was challenged under indigenous production laws is also expected. And the use of laser abalation to move objects, and not just track them, presumably is another tailwind.
Yet to see much from Comms and the plans- but hopefully we get some big partnership agreements with customers to fund capex.
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