Post by
Oden6570 on Oct 25, 2021 6:33am
Please help me Understand !
I am sure MG will clarify however can someone please explain the nuance of this news release today ? Do we have the contract ? So as Marshall stated before this will be ongoing revenue as Goveremnts provide milestone payments as oppossed to paying upfront. So I am thinking that as long as we continue to meet milestones we are paid accordingly ! Am I correct or should I go back to bed ?
Datametrex has passed the final round of examination in the Canadian AI bid. The total value of the fully realized contract is approximately $40 million. The Company has submitted all requested material. The binding bid remains subject to meeting all criterias on technical merit and ability to deliver in accordance with the bid procedures and deadlines.
Comment by
shaker13 on Oct 25, 2021 7:56am
Almost forgot this came out 3 days ago from one of our bigger clients: https://www.nato.int/cps/en/natohq/news_187934.htm