If and I stress if that is the news, I am not. As I said much earlier the rebreather is what caused me to buy into this stock. It has been in development for a couple yrs, so I am guessing the seals have been testing it. If it meets or excedes the current gear in use and the price point is viable this should be what sends this stock way north.
Yeah making wheels for skate boards can be profitable, but it is not what will make this company grow.
However, a self contained breathing system with better scrubbing ability than what is currently on the market has a lot of potential if marketed correctly.
A rebreather would/could be sold to the mining industry for situations like we saw last yr in Columbia (I think it was Columbia) where the miners were trapped underground for a month.
I don't see it as a viable replacement for most scuba applications yet, a lot would depend on how long air supply is in relationship to current methods and cost to consumer. However, if it can be cost comparable for regular scuba then this could eventually be marketed to various occupations in the diving world as well as weekend divers. Much will depend on price point.
With that being said I do still see it as being a very marketable product to the specops community not only in the US but to our allies who have similar mission requirements as our SEaLs.
Anyways I am hopeful that the news released will be acknowledgemennt of a US Navy contract for the rebreather.
