re-rating around the corner

Upcoming Catalysts

Ø D13 recently participated in the MITRE Countering Unmanned Aircraft Systems (C-UAS) Challenge, whereby an announcement regarding the results from the MITRE challenge are due on September 8. Please see the following linked regarding the MITRE challenge details http://www.department13.com/department-13-is-selected-to-compete-in-the-mitre-challenge.
Ø Invitation to present at the Major Defence Leaders from Australia & New Zealand conference on 5^th to 7^th September.
Ø Invitation to present at the Bureau of Prisons in Florida on September 14^th
Ø D13 will showcase it drone mitigation technology at Black Dart the premier Counter Drone Test and Evaluation Event for the Department of Defence (DoD) scheduled for September 12^th to 24^th. D13 has been selected to participate in this year’s event whereby no companies that have presented in the MITRE challenge have been invited to present at this prestigious event. Black Dart will allow D13 to benchmark the Mesmer’s capabilities in a more convincing way to the DoD and other government agencies.
Ø D13 will be road showing its updated progress throughout Australia/Asia from October 25^th to 29^th.
Ø D13 expects to trial Mesmer under the development license structure with at least two new customers being agencies or departments of Government clients outside the US as well as commercial property customer in the US within Q4 2016 CY
Ø First sales under the US Naval Research labs contract with Parsons leveraging D13’s CoOp Mimo, LPI/LPD and Sub space coding technologies expected Q4 2016 CY
Ø Mesmer Version 1 full commercial product release January 2017