The CEO has basically made it very clear, the company does not...

The CEO has basically made it very clear, the company does not need more money. They have $6m in cash and another $5m in options. $11m is plenty.
Given this is 1000 units min order and looking at converting their numbers, that means about $22m in contracted revenues coming down the pipeline.
No manufacturing issues given they can produce up to 10,000 units per week if needed.
On these numbers, this is really only getting started. It could have revenues greater than the market cap in due course.
The growth potential is off the chart and hence this deserved re-rate. The world is a big place and these guys are gathering momentum now. dyor