XTE 1.77% 57.5¢ xtek limited.

Ann: Press Release - XTEK & Morgan Announce Partn, page-69

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  1. 311 Posts.
    re: Ann: Press Release - XTEK & Morgan Announ... Thanks for the summary, wish i had better internet on board.
    It is in fact looking really good. You were right on all the points. It was really well spotted.

    The fact that UAV section is performing is great. With xtclave and the UAV business as growth driver, the increase in revenue will be huge next year.

    Looking even further then next year, i see considerable growth ahead, just on the XTclave tech:

    As said previously, if they succeed with the US army, the big armament manufacturers will have to adopt Xtclave to win their tender. Adding on top of that, the possibility of using the xtclave technology for different application ( aircraft, automobile, etc...)

    Definitely a success story in the making.
 
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