Since shares of Plymouth Rock Technologies $PRT $PRT.C returned to test all-time lows at $.2, indicators have continued to show strong signs of a market bottom. Conditions are also beginning to look more similar to those before the last big price run with every passing day.
The company provided shareholder updates in January stating that the growing demand for unmanned aircraft system solutions for defense will be a growing opportunity for the company in the coming year. With Government Prime contractors far behind on autonomous capability and unmanned know-how,s mall and agile autonomous AI companies like $PRT are becoming acquisition targets.
As the technicals alone are quite enticing at this moment for $PRT, I’m highly anticipating updates from the company on its 2022 operations. If i was placing bets, I would expect to see announcements regarding defense contracts for the company in the near future.
Share sof $PRT are currently trading at $.21 and the company is valued at a market cap of $12.33 million.
https://www.plyrotech.com/shareholder-updates/shareholder-updates-jan-2022/