$EMAN They updated their "$80M mixed shelf offering" to reflect that it is indeed only being executed for $7.8M. The $80M is a number that represents the maximum that their prospectus allows for. seekingalpha.com/filing/506...I speculate that the $7.8Mil is to qualify for a part of the DoD phase II contract that requires an initial investment amount before matching it. This is most likely great news for shareholders, as this particular prospectus doesn't appear to dilute existing shares, and it appears this capital is going towards something big.
Saturday, June 27, 2020
Friday, June 26, 2020
MVIS Cargo Cult demanding answers having created an Alternate Marvel Universe where Microvision is Thantos on the verge of destroying half of the emerging Technologies extant! But its really...
Funny, listening to Doc Wittels try to convince the moderator to pronounce BRAD DOM, BRANDOM? BRAD-DUM, BROADOM?, BRADDOM?, never mind"
I think anything that happens flows through SRI and Flex speaking of BRAD-DUM
Elbit to provide Navy with helmet-mounted displays for MH-60S helicopter crews with on-visor symbology (eMagin Inside, glad to see Elbit is still in business)
This is for the Sea Hawk. Eventually will be provided to Chinook, Blackhawk and Vertical Takeoff or Lift ala Osprey.
Paid $20k in Lobbying Fees so far in 2020. Target is the Mentally Challenged on Capitol Hill and the Hats at Department of Defense for a visit (another?) and NDAA2021 Title II
Thursday, June 25, 2020
and it's not going to be replaced because Geoffrey Porter says so. Make a wish and blow out the candles Geoff. The Cargo Cult Rolls on. Drop the charade. If you find yourself in a hole...stop digging.
Looks like Raytheon is taking over the dev of ABMS, coupled with the merger with Collins the data-sharing will be realized through the advanced display in the pilot's HMD. Before the relationship between Raytheon and eMagin was confined to the CLU for Javelin.Now it will coordinate with Collins to build in new performance for the new demands.ABMS is Alphabet Soup for the Multi-Domain. I'll propose that Raytheon's New Squad Trainer will have an HMD with eMagin displays.
Difference between PVS-14 and ENVG-B is Night and Day (eMagin sole provider of displays for ENVG-B) "Guys wearing the ENVG-Bs were taking targets at 300 meters and beyond, whereas guys with 14s had trouble seeing beyond 150"
700万福利官方第一导航CPT Will Hess,3/89Cav @10MTNDIV: “In terms of target detection and clarity, the difference between the (ENVG-B) and PVS-14 is night and day. Guys wearing the ENVG-Bs were taking targets at 300 meters and beyond, whereas guys with 14s had trouble seeing beyond 150.” @armyfutures pic.twitter.com/l8CtL7iLjM— Soldier Lethality CFT (@SL_CFT) June 25, 2020
We'll take this mention..Homeland Security and Emergency Management Market Value Projected to Exceed $840 Billion by 2025
Obviously the Homeland could use some more security.
Senate panel moves to limit funding for IVAS until Army delivers report (IOWs the gov doesn't want to pony up until they know it works, on the plus MVIS/IVAS Cult you won't be in it anyway)
The Senate Armed Services Committee in its mark of the fiscal year 2021 defense policy bill says it would limit the use of funds for the Integrated Visual Augmentation System until the Army secretary submits a report subsequent to the completion of operational testing. The bill requires Army Secretary Ryan McCarthy to deliver a report no later than Aug. 15, 2021 on the acquisition strategy for the service's new augmented reality heads-up display, including "production model costs, full-rate production schedule...
Wednesday, June 24, 2020
Jerry Carollo once at eMagin and now at Google was the pioneer developer in Analog to Digital NV while at Intevac.
NEWS: ?Our Enhanced Visual Acuity system has been selected to help transition U.S. Navy and Marine Corps rotary-wing and tiltrotor aircraft from analog to digital night vision systems. https://t.co/SYdcbsGth5 pic.twitter.com/4zskuUAcQN— Collins Aerospace (@CollinsAero) June 22, 2020
This is a very positive development for eMagin as they provide the displays for Collins Digital Night Vision. I assume this is connected to the Helicopter programs mentioned in last Qs results. Rotor and VTOL.