Comment by FormerHedgieon Jul 16, 2025 11:59am
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Post# 36645881
RE:Some excitement would be nice, but...
RE:Some excitement would be nice, but...The Q2 was unsurprising with the exception of the statement that the ESA / Chipsets will be done and for sale in Q4. I can only hope this is the case. The announcement about the government funding and the requirement for a development part was encouraging.
For me, it is time to go all in with the ESA and this funding and a partner I hope will accelerate that. Trying to develop the single most important product for the company on a budget focused on cash burn minimization is the wrong direction. I am glad they finally cut the dividend, that should have been done years ago. There is lots of cash that needs to be delpoyed ASAP. The opporunity for the ESA / Chipsets is NOW.
It will be a long wait until Q4. I hope there is some news flow about constellation testing, approvals as well partnerships or strategic investments.