"the company is still making progress with its business plan. On March 28 they entered into an agreement with UTC Aerospace Systems to support a contract for the U.S. Department of Defense. The deal should be performed between April and September and with a total value of $841 thousand it is finally going to turn the company into a revenue generating entity. PSID have issued a revenue guidance of $4 to $10 million for 2014 and 2015 combined. Back in 2012 they were also able to enter into a license agreement with The Boeing Company."
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