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They missed that procurement because they kept adding new...

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    They missed that procurement because they kept adding new features, went to the US and realised they'd missed the date. Their head engineer explained it in an interview recently. They had a product that would've been great for a military setting, but they didn't have a plan about when and what exactly they needed to commercialise it in the US, and missed the boat. That's a perfect example of what I'm talking about.

    You're right, it isn't by any means the most exciting product, but it is their first product and it isn't doing well. Plus, if it did do well, that money could be injected into those projects to attract further talent and bolster development. But we don't have any extra capital outside of government funding and investor funds, because they aren't generating it to any significant degree in comparison to costs, despite having a product on the market.
    Last edited by whirlswirl: 28/02/23
 
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