Pivotal Play For August: Implant Sciences (IMS
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Pivotal Play For August:
Implant Sciences ( IMSC.PK ) : Implant Sciences has made encouraging strides in the field of explosive trace detection (ETD) and global security against terrorism for the better part of the year, but a key date discussed in numerous company reports over the past few months has indicated that a huge milestone may be coming due this month as the Transportation Security Administration (TSA) is set to decide on whether to approve Implant's Quantum Sniffer (QS) ETD technology for inclusion on the Administration's list of qualified products. Such a move would position this relatively small company to take advantage of a booming market and to potentially land very notable government contracts as an imminent TSA mandate has contractors scrambling to meet the December 3rd deadline of ensuring that 100% of all air cargo destined for the United States be screened for explosives.
Because Implant's QS technology has the ability to detect minute traces of particles used in explosive devices in a time frame far superior to the competition already on the market, it's likely that a positive approval decision by the TSA would position Implant as the new leader in the realm of ETD on a global scale, as many other governments around the world, such as Japan, look towards the TSA for guidance on products approved to land government products.
Given the potential sales and revenue implications that could follow the TSA approval, this event looms for Implant Sciences as significantly as a new drug approval by the FDA for a small biotech or pharmaceutical company.
Clues that Implant is banking on success could be seen by the slew of new hirings over the past few months. Key additions to the team have been announced at numerous junctures already this year, with significant figures being noted as leaving competitors such as GE Security ( GE ) and Safran's Morpho Detection to join the Implant team. Such validation has boosted investor confidence and led to a general surge in the IMSC share price.
While waiting on the TSA for approval, Implant has also gained ground in other significant markets around the globe, such as providing hotel security in volatile African nations while also defending dignitaries in Colombia earlier this year at the Sixth Summit of the Americas. Additionally, a large move into the security market is China is underway, as the rebellious and protesting nature of Chinese citizens over the past months has been gaining attention. Workers over there are finally starting to fight for higher wages and better working conditions, and combine that with the inherent terrorist threat faced by other factions operating within China's mainland, Implant has found a solid customer base in that country and two recent orders by Chinese government officials for Sniffer units is evidence that governmental entities are becoming believers.
The doors could be ready to swing open in force for Implant Sciences, making this one a pivotal play for to watch this week and for the duration of the month.
Source: http://seekingalpha.com/article/782171-weekly...f-august-6