Datametrex AI Ltd V.DM

Phase 2 completion link :D

[jsim082]

Here is a link to the GOC website with the information about the IDEaS program. Nexalogy and Uncharted software were both awarded 2.6 million for it. The links aren't all working, but this is great news I think. 

https://www.canada.ca/en/department-national-defence/programs/defence-ideas/element/competitive-projects/challenges/making-sense-of-the-chatter.html

[Bentley2000]

...isn't this all OLD NEWS????

[Resilience19]

I think the link refers to the pre-$40M contract phases of IDEaS, covering the period 2019-2021. The current contract was allocated end-2021 or early 2022. It's first phase was a bit above $2M if I recall correctly, for a 3-month phase. Since phase 2 of the current $40M contract came to an end recently (March or April), after 12 months implementation, I expect its value should be somewhere

[PendleStock]

I believe that link ends the discussion over the $40 million Defense Department deal.Although you mention that phase 2 could bring us as much as $12M, the prior sums don't indicate that this will actually be the case. I estimate $5M. Maybe phase 3 is what could give DM close to your estimate

[frewil11]

Didn't the CEO say one time that the next phase of the government contract will be life changing or something like that ?

[BamBamMarket]

The CEO likes to over promise and underdeliver. I know this type of leader, smoke and mirrors

[PendleStock]

Hello JSIM082,Please help me make sense from the data you shared.. I see Nexalogy listed 3 times with total amount arrived from $199,500.00, $945,300.00 and $2,645,000.00. Is the sum of this three stages the total amount DM will receive from Canada Defence Department?

[jsim082]

Marshall has been fairly cagey about this. My understanding though is that there will absolutely be a next phase, it's just a matter of whether we are selected for that. It's interesting to see that only us and 1 other have completed this stage. So we would have a good chace to move on. Moreover, there was a lot of chatter on this board about MG being in Ottawa recently; I hope that has

[mcgarvey]

It is possible that MG's visit to Ottawa is related to the $40 million project, but without more information it is difficult to say for sure. It will be interesting to see how this project develops in the coming months.

[cryptopher]

With Cyber being DM's core, I still think it's worth considering that M.G. being summoned to Ottawa could have something to do with AnalyticsGPT Just saying  https://breakingdefense.com/2023/05/military-cyber-directors-help-us-better-leverage-ai-to-gain-the-high-ground/