Tom, you and PBG would probably understand the tech better than anyone on the board. So correct me where I am wrong.
Initially, my understanding is that the base tech came from the UK military. MK either got it for free or licensed it. In the early days, the tech was used on a blimp. Then for Croatia, they used a helo.
The tech either from the UK Military or Mirage is the platform, but MS has additional tech (mosaic pic software) that is overlayed on top of the based tech. This is what differentiates them.
The only trials MS has run was in the early 2000's with a blimp, then in Croatia in 2009 and 2010.
Q funded MS to get them almost to Croatia, but then the N consortium (for lack of better term), funded MS to get to and perform the trials. Then funded MS again, to actually get the results for Croatia organization.
MK and crew, having the Croatia results, then made several trips to countries where landmines are a problem, signing several MOU's. None of which came to fruition.
Beside correcting the above, it is my understanding that potential contracts all require significant upfront costs, for licensing the tech, mobilization, etc. And countries contracting such work, will not fund the initial costs which are hundreds of thousands of dollars.
Please feel free to correct or add to the above.
Also, please enlighten me as to the ongoing cash burn due to MS overhead, salaries, rent, benefits, etc.
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