OK, you asked so I'm answering... too bad you didn't expect an answer... I'm going to answer anyway. <ggg>
I'm a closet electronica head so I find these things fascinating. I bet you didn't expect that.
I asked myself what the hell is so good about this company versus other companies that make similar products and what's with all the name dropping?
<<This technology has the potential to achieve breakthrough advances in numerous visual applications such as cockpit situation awareness, manufacturing plan design and operation, and medical diagnostics and surgery.>>
That's the key statement in that press release... it says this is no regular company baby! This company is on the leading edge of this type of technology and this crap ain't cheap. Translation... high profit potential. When dealing with potential customer types I love to hear the words:
aerospace (in this case cockpit situations)
medical
and
manufacturing operations
Those are big dollar and big profit areas to be in. The electronics business is very competitive and that's why I found that bold statement you posted very interesting. I said to myself "hey what the hell are they talking about?"
Also, name dropping is just name dropping until something big materializes so I expect to see more releases that will give more details about their relationships with these big companies. I don't think these guys name drop just for the hell of it, I think they actually mean business. We may be in for some very nice surprises.
Another side note that all of you should find very interesting is the fact that there are alot of redesigns of airplanes going on right now. The key player of course is Boeing and they are in the redesign phases of many of their airplanes. You see most airplanes last 25 years so you don't get many opportunities to get designed into any particular airplane. You also get to live fat and happy for 25 years after you win the design. I know because I do this for a living. Allied Signal who supplies power systems components to Boeing is one of my customers so I know how the deal is done.
Now wouldn't it just send the stock price soaring if all of a sudden you saw a press release stating that they have actually won some of the new designs at Boeing, Rockwell or other related companies? I haven't had a chance to read everything on that link to MVIS research (there's so much stuff over there) but is anybody aware of such design work coming close to completion with Boeing, Rockwell or any other aerospace company that MVIS is working with?
TIA
Lola:))
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