Ann: XTEK Signs US CTTSO Agreement, page-7

Zalasta has got right. XTE is kicking goal after goal. Today's announcement is really significant in that it signals potential US interest in XTclave for helmets as well as armour. The market here for defence and law enforcement is the biggest in the world and the US is paying us twice to show how our kit can meet their needs. Unlike agency business this is XTE developed IP so the potential returns from sales are much higher.

Today makes two strategic, company-making announcements in a month. As Zalasta says, the $101m SUAS deal will bankroll operations for the next five years on top of the rest of the ongoing agency business which is now returned to profit.

And yet the market still does not notice. Situations like this can attract professionals who can see potential where the market does not and I wonder whether we might soon see predatory interest from private equity.