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Technology Stocks : KVH Industries, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: 23 skidoo who wrote (7117)10/13/2019 7:30:21 AM
From: nissan  Read Replies (1) | Respond to of 7249
 
Hello All

So are we going to get some big news this month or at the least the Nov. conference call.

A quote from the second quarter conference call that could finally produce big results

We also plan to fully integrate our photonic chip technology into Assured Position, Navigation and Timing or A-PNT. So our A-PNT product or TACNAV product will include our new photonic chip gyros starting next year. Extensive testing by the U.S. Army using our existing inertial systems began early this year for an 8,000-vehicle program scheduled for down-select in October. Based on our performance, we've been asked to bid on Phase 2. Since the Army's goal is to eventually field A-PNT solutions on up to 100,000 vehicles, our photonic chip timing looks like it will dovetail perfectly with this large potential opportunity. Not only will it support our planned automotive solution when autonomous platforms are ready for large scale deployment, but our new photonic chip will be ubiquitous across our entire inertial systems product line. We should begin to see reduced cost and better margins on existing products next year in the FOG business, while increasing the appeal of our Inertial solutions to an even broader audience of users.


If I remember right, it was mentioned that 3 were asked for quote, and Martin did mention also a partner. I would guess Vector Nav.


Let's hope in the next few weeks or sooner, the news that finally lifts this stock above $10


J