Koil Energy Solutions Inc. (KLNG)

[jk21]

the following quote is interesting as it seems to expand their potential clients but seems to undercut themselves in selling their own proteus. how long is the lifespan of other company's proteus-like machines? i can see how this will get dpdw in the door with more clients who would buy dpdw's proteus when their current ones die but it still seems to undercut their own sales to an extent.

"The mathematical algorithm embedded in the software has also been improved to allow the system to respond to changes in a ship's vertical motion within 0.5 milliseconds.

In addition to new stand-alone Proteus systems, Deep Down has the ability to deliver in-line active heave compensation systems that can be retrofitted to existing winches, thereby adding active heave capabilities to an existing infrastructure. This ability allows prospective customers to preserve their capital investment in existing winches and substantially reduces the cost of adding this increasingly important capability."