A thread to measure performance against expectation.Based on...

A thread to measure performance against expectation.

Based on achievement of stated performance milestones to date, and with only two months left in the quarter, my expectation is for increased material news flow in coming weeks.

QUARTERLY OUTLOOK

Global industry partnerships have laid the groundwork for growth in Phase 2 and Harvest remains focused on accelerating its revenue growth.

As highlighted in Company’s latest investor presentation on December 13, 2021, HTG was in qualified negotiations with two major global players in the maritime industry. One of those partnerships has been cemented with the signing of the Master Services Agreement with Inmarsat and HTG remains in reseller negotiations with the second opportunity, a leading global provider of end-to-end managed smart network solutions for remote operations.

HTG is also in reseller negotiations with a leader in world-class aviation technology.

During the next quarter the Company expects to deliver:

• Several global reseller agreements for Infinity technology products and solutions;
• Increased revenue and adoption of Infinity products and Opsivity SaaS platform;
• Key development programs with partners moving to live client Beta trials.

Based on the above, this is what the (potential) landscape looks like for the remainder of the Quarter:

1. Martime Reseller Agreement: Company 'C', 20,000 vessels: Marlink

"Marlink enjoys a large and diversified customer base of circa 20,000 vessels, of which over 7,500 (inc. off-net) are equipped with the latest broadband technology VSAT; and 1400 sites on Land."

https://www.apax.fr/en/entrepreneur/marlink/#:~:text=Marlink%20enjoys%20a%20large%20and%20diversified%20customer%20base,broadband%20technology%20VSAT%3B%20and%201400%20sites%20on%20Land.

2. Cisco Webex: Clearly a key development program over the past year.

'Connections are now possible between the Nodestream and Webex ecosystems, and connections can be initiated from any Nodestream enabled hardware encoder.
Results are in line with expectation.
Pilot commercial opportunities are being identified and trials are expected to commence in Q1 2022 - Live client Beta trials, as per above?

3. Aviation Reseller Negotiations with a leader in world-class aviation technology.

Several potential candidates to choose from. These are the leaders:

Viasat - Inmarsat merger partner
https://www.viasat.com/business-and-commercial/aviation/

Satcom Direct
https://www.satcomdirect.com/

Iridium
https://www.iridium.com/markets/commercial/

Intelsat
https://www.intelsat.com/solutions/aviation/

AirSatOne
https://www.airsatone.com/

4. Opsivity

"Increased revenue and adoption of Infinity products and Opsivity SaaS platform."

Could be anything. Picking US-based.

5. US Defence and Security

'HTG commenced the establishment of a new division to focus on, and take advantage of, the growing demand for connectivity and control solutions from defence and government organisations, specifically within the Five Eyes (5VEY) alliance.'

A slower burn, but in terms of visibility and validation it has the potential to establish Harvest's credentials to a huge and strategically important market. Now the program has commenced we can expect further updates as momentum accelerates.

That's my take.

Looking forward to seeing how it goes.

Get at it.