No yet but it will! XTclave Commercialisation / Defence exhibition in London – Largest Defence Expo in the world.
(ASX Market Update 29th) The Company has continued its promotion of ballistic products worldwide. Several client tests have confirmed the performance of the technology and presence at a Defence exhibition in London greatly attracted a number of new potential customers from all regions of the world. The strong level of interest and significant opportunities for XTEK’s new generation of body armour and helmets has vindicated the Company’s decision to commence installation of a new generation XTclave manufacturing plant for commercial scale production of composite body armour plates and shells for helmets. Commissioning of this facility should occur before the end of the financial year.
As much as this is old news as the C.R was to fund the above position and other matters (ASX 28th June), this statement gets commercially stronger (ASX Market Update 29th) than presented to date. There is so much happening in this company on all 4 fronts it’s scary. Participating in largest Defence Expo in the world (every 2 years) will / has produced outcomes. Cheers Mike
XTE Price at posting:
44.0¢ Sentiment: Buy Disclosure: Held