RE:RE:RE:Shorts / Bashers ...Defence tech the success rate is lower than 3 %
There are several products going through the US Army night vision labs that are totally covert.
Equally several off the companies out there like SAIC and Sierra Nevada who are in this space.
Smaller , Lighter , Better , Cheaper is 100% the winning formula for nearly most technology.
I have never doubted for one moment that this is “ THE” USP for the PATSCAN product.
I have also on many occasions on here stated that there are several other benefits around what PATRIOT are doing and can do beyond PATSCAN is the secret sauce and that is what many of the guys on here fail to divide. Product and the actual company.
The capability and the mission is what you have invested in.
The PATSCAN is simply a by product of the team capability.
Until PATSAN physically materialises as a finished product nobody can determine its price or capability. Nobody knows and that includes the management team if that end product is going to cost $ 10000 USD or $ 20,000 USD
I have been their several times and was once confronted by an investor who asked me when the £3000 maglite sized gun detector was being shipped to the Met Police at Scotland Yard.
The fact was we were just handed a university prototype that was the size Ian old 28 inch TV and weighed 20 KG and cost £ 78 K to build
2 years later that was a 3 kg handheld detection system that cost £15 K to build - The end result was a bleeding edge industrial piece of equipment - but nowhere close to what marketing chat was promoted.
The fact is it’s a waiting game of sorts.
PATRIOT have recruited some brilliant guys and some of them have worked on the stuff some of you guys have just thrown eggs and tomatoes at.
These are some of the smartest guys on the planet in this space.
When i I tell you that this industry is about getting stuff done it’s not about better it’s about collaboration and relationships.
I can’t say it enough- This entire industry wants patriot and needs patriot to succeed.
Any failure in this industry hurts the industry.
On the product price. It’s like Bentley vs Buick , both serve a purpose and both have a price point and both have a client base.