$EPAZ MILITARY CONTRACT POTENTIAL
When it comes to military contracts, there is a reason why they are so sought after, and that has to do with the long-term nature and certainty of revenue streams. When the military invests in technology, they aren’t necessarily looking for the most cost-effective, but rather the most capable and ruggedized piece of equipment that can operate in hostile wartime scenarios. This capability manifests in reliable technology that can achieve the stated military objectives. The technology has to pass many grueling tests. Still, if it does, the manufacturer is awarded a generous long-term contract and the potential for technology upgrades over the contract’s lifetime.
EPAZ is poised to capture several drone contracts that could span all the primary military services. The evidence of this military potential started to build in the press releases early this year. EPAZ has submitted several SBIR grants. These grants are a great source of non-dilutive funding for technology R&D and the building blocks of an eventual military contract. CEO Shaun Passley said, “The SBIR would open us up to the whole federal government to our drone technology.”
https://insiderfinancial.com/drones-makers-ep...ai/184210/
When it comes to military contracts, there is a reason why they are so sought after, and that has to do with the long-term nature and certainty of revenue streams. When the military invests in technology, they aren’t necessarily looking for the most cost-effective, but rather the most capable and ruggedized piece of equipment that can operate in hostile wartime scenarios. This capability manifests in reliable technology that can achieve the stated military objectives. The technology has to pass many grueling tests. Still, if it does, the manufacturer is awarded a generous long-term contract and the potential for technology upgrades over the contract’s lifetime.
EPAZ is poised to capture several drone contracts that could span all the primary military services. The evidence of this military potential started to build in the press releases early this year. EPAZ has submitted several SBIR grants. These grants are a great source of non-dilutive funding for technology R&D and the building blocks of an eventual military contract. CEO Shaun Passley said, “The SBIR would open us up to the whole federal government to our drone technology.”
https://insiderfinancial.com/drones-makers-ep...ai/184210/
