It is my understanding the CASA approvals are expected to be completed by the end of February with the first shipment of 2 camera pods to the US for Eagleview in the backend of March. The US is the biggest market in the world for aerial imagery and its management key focus at delivering these systems to the US ASAP.
After CASA gives the final approval, SFI will need to build the 2 camera pods and then spend a week rigorously testing them before shipping them over to Eagelview.
After an initial period of operating these two systems, Eagleview will likely request up to 14 systems in total that will have National US coverage.
We can all sit back then and watch the cash roll in.
SFI Price at posting:
8.8¢ Sentiment: Buy Disclosure: Held
