MCE 4.76% 33.0¢ matrix composites & engineering limited

Ghost Shark

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    Some good progress on the underwater drone, Ghost Shark.
    They have partnered with a number of local partners to build this including Matrix.
    Appears that they can make these relatively quickly and cheaply compared to the US Manta Ray drone.

    Provided a few links below for those interested:

    Anduril - Ghost Shark Debuts in Australia
    Anduril Unveils Ghost Shark Unmanned Sub Prototype in Australia (thedefensepost.com)
    Defence industry: Ghost Shark robot sub circles Australian suppliers (copyright link)

    H
    opefully we can secure a long-term partnership here and generate non oil/gas revenue.

    Any thoughts on potential revenue per drone (probably not huge, but at scale could be worthwhile)??
    Last edited by edved86: 17/05/24
 
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