$ILUS “The formation of Hyperion is integral to
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Posted On: 03/01/2023 1:00:09 PM
$ILUS “The formation of Hyperion is integral to the successful roll out and scale up of our defense subsidiary. We expect this division to deliver upwards of $15 million in profitable revenue this year before it ramps up exponentially in 2024. More importantly though, we believe Hyperion’s technology could save thousands of lives every year and prevent tens of thousands of critical injuries. Using just one example, IED’s (Improvised Explosive Devices) have been responsible for the majority of civilian and military deaths in war zones and account for nearly half of the US troop deaths in war zones between 2011 and 2020. We aim to globally launch and commercialize the groundbreaking technology which more efficiently detects the explosive devices that are responsible for causing such widespread and catastrophic loss of life. This is one of several key areas where we believe Hyperion will play a valuable role in delivering our overall ILUS vision,” said ILUS Managing Director John-Paul Backwell.
https://www.marketwatch.com/press-release/ilu...ws_seemore
https://www.marketwatch.com/press-release/ilu...ws_seemore
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