I'd like to know your prediction of the value of the shares of Gosy, after this news.
" We are negotiating a $1,200,000+ contract with a major defense contractor such that we may upgrade their ground combat vehicle to a high level of mobile autonomy. This is a non-trivial challenge because their off road 4x4 combat vehicle was not designed to be unmanned, driverless, or self driving. "
" The contractor graciously presented the merits of their off road 4X4 ground combat vehicle to be upgraded with GeckoSystems' proprietary AI SafePath™ technologies to "self-driving." Here, that capability would include automatically "going home" with little or no human control and/or intervention. "
" Due to the now executed PIA, the name of the contractor cannot be revealed until a contractual agreement is signed. "
"As a result of our recent meeting, we now believe that this first tier defense contractor shares our perception that they would enjoy dramatically increased sales since their upgraded product would be in extremely high demand by governments all over the world with an automatic 'go home' self driving capability....."
" On another, but related note, the company has reached mutually acceptable joint venture terms not only with Fubright Communications Co. Ltd., but also with their long time Japanese representatives, Mssrs. Katsuji Fujii and Hajime Yasumatsu. This joint venture's strategic focus is to enable use of GeckoSystems' GeckoNav™ self-guidance mobile robot software on SoftBank Robotics' personal robots to all Pepper users in Japan."
" GeckoSystems' Japanese joint venture, with Fubright and others, should see gross licensing revenues of:
$25,920,000 in 2016;
$176,670,000 in 2017; and
$409,230,000 in 2018.
GeckoSystems and their Japanese joint venture partners want to have their proprietary AI robotics software on every Pepper sold in the world. "
