ADA adacel technologies limited

unmanned aerial vehicles

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    It looks like Adacel's entry into the rapidly growing UAV (unmanned aerial vehicle) market is gathering pace. See:
    http://www.adacel.com/press/2006/AdacelDynaSpeak0905.pdf

    For those new to this thread, Adacel is aiming to get its voice recognition technology installed in second generation UAV's (first gen UAV's don't use voice rec). This is a relatively low risk exercise for Adacel. The company first needs to prove the technolgy in the UAV environment. This is what is going on at present. This is complex and difficult work, but not particularly costly for Adacel. And if Adacel's voice rec system is chosen by the major UAV manufacturers, then, beginning in FY08-09, the company can expect serious licensing revenue to start rolling in over the long term.

    I'm also expecting Adacel to start to generate modest licencing revenue this fin year from Lockheed Martin re the Joint Strike Fighter. This JSF licensing revenue will grow steadily over the next 7 years.
 
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