RE:Financials are out Delta has been overwhelmed with new business opportunities. This is evidenced by our recent published financial results, which is more optimistic than earlier reports. These positive financial results are expected to continue into the new fiscal year, based on signed contracts Delta currently has in the pipeline. Delta has been hiring on average one new engineer or project manager per month, over the last 6 months, to be able to keep up with business demand, and we see this trend continuing into the future.
Because of confidentiality requirements, we are not able to name current projects we are working on at this time, however we can comment that Delta currently have 5 projects underway (two in Canada, one in the United States, one in China, and one in Kazakhstan). One of the Canadian projects is currently in the build stage, and Delta has delivered its first royalty invoice. We also have a substantial number of new business opportunities, that are at various stages of commercial development, which we anticipate will materialize in 2023.