I have heard no more. I rang them a few weeks back when we had heard limited info to ask what was going on - and specifically why nothing had been divulged on the specifics of Eagleviews agreement and numbers.
What I got told was that
-the agreement specifics were confidential for a few reasons
1. Eagleview doesn’t want the competition to know how much they are ramping up
2. Because the Spookfish camera system is superior to their current system, they don’t want current contractors / suppliers to Eagleview to know exactly how many planes they can reduce in their fleet by using Spookfish. Spookfishes gain is someone else’s loss.
- at the time I rang a few weeks ago their had been zero payments made by Eagleview to Spookfish for capture (which is interesting given the unknown source of extra revenue in the last quarterly). I was told when the first payment comes from Eagleview to Spookfish their would be a specific announcement to the market.
One could speculate that’s why the price has had a bit of a bounce over the last week - news soon?
SFI Price at posting:
5.3¢ Sentiment: Hold Disclosure: Held
