OTCPK:EXRTF - Post by User
Comment by
investboy8on Mar 15, 2019 11:48am
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Post# 29491224
RE:Sat info and XCT
RE:Sat info and XCTNot disagreeing with you, but question is who needs RT data as opposed to data that is delayed by 45-60m? Do ships/vessels move that quickly that the delayed data isn't enough? I'm in XCT and am a believer it has a market, but question is how large is that market? For now, low hanging fruit is probably security purposes, like for militaries/navys and for canals/ports. I'd have to imagine, while those are niche applications, they are enough to give XCT a good set of revenues. Also, remember, revenues are subsription of nature, so margins should be good, but also need to remember there is a decent fee to Harris, which until XCT gains more scale, will be another drag on us. Good news is XCT got the financial runway (not going under anytime soon) and the RT system is up and running and available.