OTCPK:EXRTF - Post by User
Post by
Blaser2on Dec 07, 2017 8:54am
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Post# 27107496
Irridium Satellites 41 - 50 with XCT payloads for Q1/18
Irridium Satellites 41 - 50 with XCT payloads for Q1/18
Tranche 31-40 is scheduled for launch on Dec 22, 17. Q4 should be good as a major revenue payment was delayed from Q3. Currently, XCT has enough cash on hand for another year of operations. Even Morningstar rates the SP value at $1.20.
The next tranche of satellites for the Irridium network has just been slotted for the first quarter of 2018. The is the tipping point for the XCT system as it will provide the complete RT (realtime) coverage that major customers, esp Govts, want. Then, watch a launch of a different kind. LOL.