XPE Charts, page-3982

Agree entirely Captain Awe….

its not 100% adrc, but many of the other business streams may well utilise adrc tech….its all about creating a market, and then powering it.

ie leapin, and JCT - whilst not all about adrc, they will certainly be using it.

Its no dissimilar to the business model that the japanese used in the 70s and 80s….bought iron ore from aus, converted to steel, built more ships to carry more iron ore back to japan. as well as other steel products, car parts for instance to supply their overseas car manufacturing centres.
that was a self perpetuating model, which obviously had a 'cap' when the number of ships available was equal to the amount of the market they were required to service.

Adrc + Leapin + JCT + Vital X - and others will, for the near term be exponential, but XPE are so far ahead of the game, that expect many more acquisitions, and JVs

By the time the market is saturated, (or opposition starts to catch up - which they will) i would expect XPE to be a multinational with numerous business streams.