Hey lies,
It is interesting we are heading down this path and targeting US bridges again, this was done years ago, although they envisaged the aerospace industry as their prime business.
If you do a quick calculation of the 54000 old bridges that need maintenance. Let’s say the transport authority do an uptake of say 10% of old bridges which equates to 5400 bridges multiply by say 5 sensors(approx) per bridge multiply that by say $1000 per sensor= $27,000,000.
Not a bad return on the side from the aerospace industry once all approvals are through.
All hyperthetical but the mind boggles at how big SMN will be one day.
Some of my rough analysis on SMN, page-24
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Mkt cap ! $68.67M | |||
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