AS-IP Tech Inc (IPTK)

[MJAM2020]

IPTK GREAT 8K! Congrats to Ron and Team. Another positive step in the process!

Item 8.01 Other Events.
AS-IP Tech Inc (ASIP) has completed the engineering and installation data package for the Airbus A32X for its fflya program and has issued the purchase orders for manufacture of the first installation kits, which are due for delivery later this month. To support the fflya program, the Company has also transferred the assembly of ASIPs unique antenna system to the United Kingdom with production now underway, and the first units due to be delivered in mid-November.

The delay to the program is the direct result of the impact of Covid19 on supply lines, finalisation of the manufacturing certification data and the additional time its take to complete the first of type design.

Now that the engineering program is complete, future installations on Airbus A32x Series will be a replication of the existing plan. The first kit is designated for Wizzair and an additional order will be placed for Citilink. Once the airline is in receipt of the kit, they can schedule the installation.

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

AS-IP TECH, INC.
(Registrant)

By: /s/ PHILIP SHIELS
Philip Shiels
Chief Financial Officer
Date: October 14, 2020


Imho
mj