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Monday, December 07, 2015 4:12:01 PM
finally the contract from General Electric Aviation which was basically proposed and written around the whole premise of our technology of in process quality assurance in its formation of PrintRite 3D, and so that program has large implications for us as we begin to execute on that program with the prime contractor, General Electric Aviation, and two subcontractors but again OEMs in their own rights, Honeywell Aerospace and Aerojet Rocketdyne will be involved in these programs.
And so it’s a great opportunity for us to demonstrate and our technology on multiple platforms and multiple material types with the culmination of that program effectively being the roll up of the technology into a set of curriculum both for an engineering level as well as the technician level. And so if you think of it in terms of building a disciple-ship for the technology we couldn’t have asked for anything better. And so we’re quite excited about this technology and as the program begins to take off and build steam we’ll of course keep you more informed about our progress there.
and updating the above from the 2015 Q1 ER
We had a bit of a delayed start to the America Makes program but nonetheless it’s slowly ramping up and we anticipate that to sort of achieve its steady-state progression as the second half of the year gets underway.
and updating the above from the 2015 Q2 ER
as well as the GE America Makes funded program, which has been slow to start and is finally been able to find some traction and we’re underway in the next few months and looking forward to some good progress there with America Makes.
Thus, my conclusion is that unless Mark is completely blowing smoke, there can be a sufficient degree of confidence (note I do not say certainty) that GE will use the PR3D system. I believe that in time, your doubts will not be shown to be supported. If I am wrong, I will take a hit on this one and you will remain neutral. If I am right, I will get a huge pop and you will miss some percentage of your possible gains (assuming you do decide to get in when GE confirms the use of PR3D). To each their own.
patience and GLTA
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