Datametrex AI Ltd V.DM

News:DM bids on 40 mln AI contract in Canada

[GalAnonymous]

Toronto, Ontario--(Newsfile Corp. - August 4, 2021) - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) (the "Company" or "Datametrex")is pleased to announce that it has entered into bidding process under a Requests for Proposals ("RFP") on an Artificial Intelligence ("AI") contract in Canada.

Datametrex has passed the second round of scrutiny in a Canadian AI bid. The value of the contract is approximately $40 million. The binding bid remains subject to meeting all criterias on technical merit and ability to deliver in accordance with the bid procedures and deadlines. 

"Canada is an important market for the Company's AI business and we are pleased to enter into this bidding process on this contract supporting expansion of artificial intelligence in Canada while continuing our global roll-out activities and the introduction of even further technologically advanced Ai to the market," stated Marshall Gunter, CEO of Datametrex.

 

[WalkingDead01]

I love this news :) 

[hawker001]

I couldn't agree more.  Nice way to start the day.  We should get a nice bump at the open.  GLTA.

[MoneyMKR72]

This is probably one of the contracts he was referring to on discord. We will be on our way to MUCH greener greens with just one contract worth 40 mil. Proven AI + a very confident sounding CEO+ 2 phases already passed = Happiness 

[MUTDMUTD]

... great news... so the $40M question is this.... IS THIS THE $40M MDA CO-BID OR IS THIS AN ADDITIONAL $40M CONTRACT THAT DM IS BIDDING ON THEIR OWN?... I guess the lack of details and having this all as speculation is actually good for DM because the first is great but the latter would be incredible... LOL and WOW..... All IMO. DYODD.

[Wormi12345]

it's just a bidding not a contract ;)

[Relaxed001]

Yes but they have past the second round which means that proof of concept was successful . Maybe they have two more competitors on this bid . This would also explain the 5 new job offers.

[swyint123888]

Datametrex has passed the second round of scrutiny in a Canadian AI bid. The value of the contract is approximately $40 million I'm going with it's our own bid.....if it was a co bid wouldn't the partner also have to pass the scrutiny or the bid would be lost.....goes on to say 40 million....if DM only got a share of that wouldn't the first line of my post say this....."DM

[Relaxed001]

1. Pre-contractual phase Includes activities related to requirement definition and preliminary procurement planning up to issuance of bid solicitation. 2. Contracting phase Includes all activities from issuance of bid solicitation to contract award and debriefing. 3. Contract administration phase Includes activities such as progress monitoring, delivery follow-up, payment action

[Relaxed001]

https://www.tpsgc-pwgsc.gc.ca/app-acq/vendre-sell-eng.html#a2

[MUTDMUTD]

... loved this last part.... " ...and the introduction of even further technologically advanced Ai to the market"... Marshall's got some surprises up his sleeve, IMO.... DYODD.

[Resilience19]

My take is tha tthis is a new bid, not associated with MDA. I'd say that this is a new Nexa SMART bid for the (Canadian) Department of Defence, or another Ministry - perhaps something associated with the Canadian Public Health Agency. On that possibility I had written a post, a few weeks back, highlighting the following: Public Health Agency launches intelligence team to prepare for

[dirtydzn]

Excellent post. I agree this is different than MDA. Nice to see. Have a great day, folks.

[MUTDMUTD]

... I hope you're correct Resilience... time will tell...

[Resilience19]

Here's the article I had been referring to, dated 24 June 2021: https://www.cbc.ca/news/politics/phac-intelligence-pandemic-covid-1.6077639 Public Health Agency launches intelligence team to prepare for future pandemics Social Sharing Facebook Twitter Reddit LinkedIn

[CandyC]

I wonder if they are others bidding on this?