Ann: CCP delivers new IoT sensors for Cre8tec, page-4

I was initially thinking to not get involved in the SPP as already I have a significant holding (which is deeply in the red sadly), however with this announcement it is indeed very tempting.

Winston Baptista, Managing Director of Cre8tec said,“CCP has done a great job for us delivering exactly what we need to launch our new Ratsense product. Our customers require a highly reliable device to capture rodent movement in challenging environments. We are confident this new outdoor LPWAN device will extend the market opportunity for us. Based on current sales, we expect to deploy more than 80,000 sensors by 2020.”

This announcement tells me two things:

1. CCP have proved their ability to meet bespoke requirements for now a multitude of use cases. We have seen their smartags evolve significant over the last 24months, this new infra-red sensor is now added to the list of capabilities that CCP can deliver. To my memory we now have the following capabilities: temperature, humidity, pH, GPS, shock detection and now infa-red movement sensor. 
2. Management are genuinely working on large contracts, it's not just fluff talk -  yes it is slow and taking time though I see this as a good sign. Slow progressive sales vs huge spikes in my opinion is more sustainable and also indicates genuine sales.  

Would like to see and know if CCP received revenues for the initial design work and what the pricing agreement is per tag sold to CRE8TEC.